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

Post date: 2021-01-15 09:31:27
Views: 238
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:
The top 10 jobs in the U.S. for 2026 all pay $100,000 or more, according to Indeed
Fanatics to launch sports media and entertainment studio
JPMorgan Chase tops estimates as trading revenue exceeds expectations
Salesforce releases updated Slackbot powered by Anthropic's AI model
New York offshore wind project to resume construction after judge lifts Trump suspension
Wikipedia parent partners with Amazon, Meta, Perplexity on AI access
AI startup Replit launches feature to vibe code mobile apps
Coinbase CEO says key crypto vote can be rescheduled after 11th hour cancellation
Trump accepts Nobel medal from Venezuelan opposition leader Machado
Amazon threatens 'drastic' action after Saks bankruptcy, says $475M stake is now worthless