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

Post date: 2021-01-15 09:31:27
Views: 408
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:
Americans are paying record prices for steak. Here's why demand isn't cracking
One of Josh Brown's favorite long-time holdings is now one of the Best Stocks in the Market
Meta’s push into cloud computing means Wall Street has to prepare for lower margins
Most prediction market contracts have low volume, leaving users exposed to volatility and bots
Ford Q2 sales drop 10.3% due to F-Series supplier issue, falling EV demand
U.S. closes 2022 probe into 695,000 Tesla vehicles over unexpected braking
Help me help these deserving people - Web Content creation edition
Why Jim Cramer says investors should 'want to own' this industrial stock
All-ages places to watch the World Cup in downtown Chicago?
Movie: Cruel Fate