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

Post date: 2021-01-15 09:31:27
Views: 277
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:
How China is challenging the U.S. to become the next great space power
Google joins Microsoft in telling users Anthropic is still available outside defense projects
Average IRS tax refund is up 10.6%, early filing data shows
Trump admin announces $20 billion reinsurance program for oil tankers during Iran war
2 confidence-building tools for parents to set kids up for 'a lifetime of success,' from a mental performance coach
US citizens using a passport card instead of book?
The Pitt: 3:00 P.M.
Iran war could make affordability bigger issue in 2026 elections
Trump joins grieving families during return of soldiers killed in war in the Middle East
FDA vaccine head will step down in April after string of controversial decisions