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

Post date: 2021-01-15 09:31:27
Views: 266
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:
Special Event: Rifftrax: Hunks of Junk
Stargate SG-1: 2010 Rewatch
Book: Purgatorio: Canto 06
Gold and silver prices help turn Olympic medals into the most valuable in modern games' history
Alien files: Trump to order U.S. agencies to release documents on 'extraterrestrial life'
Life after the 'great resignation': Incentives are dimming for workers to change jobs
Epstein files: Former prince Andrew released by police, Trump calls his arrest 'a shame'
These stocks can insulate investors from AI risk — and they pay dividends, says Jenny Harrington
Amazon surpasses Walmart in annual revenue for first time, as both chase AI-fueled growth
Japan inflation falls below BOJ's 2% target for first time since March 2022