Accepting Venmo/online payment for one-person business in 2021?

Post date: 2021-01-15 09:31:27
Views: 399
I recently started doing work as a virtual personal assistant. So far I've been receiving payments via Venmo, but I'm worried that my account will get flagged, payments frozen, etc. I would of course like to avoid paying the 3% Paypal merchant fee. What are my options?

I have 6-10 clients who pay me on a weekly or biweekly basis. The total amount I'm receiving is around several thousand dollars a month.

I'm in the US, so bank transfers aren't super common. Everyone seems to hate personal checks.

Does anyone have experience using Venmo for business purposes? What are the other options out there?
Number of Comments
Please click Here to read the full story.
 
Other Top and Latest Questions:
Meta’s push into cloud computing means Wall Street has to prepare for lower margins
Anthologies of short stories with the same title?
Movie: Death at a Funeral
Stargate SG-1: Proving Ground Rewatch
Movie: Doctor Vampire
Movie: To Be or Not to Be
Movie: Shelf Life
U.S. job creation cools in June with payrolls growth of just 57,000; unemployment rate at 4.2%
Led by Buc-ee’s and new rival Dolly Parton, America’s gas station chains are in a mega-sizing era
Microsoft commits $2.5 billion and 6,000 employees to new AI implementation unit