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

Post date: 2021-01-15 09:31:27
Views: 530
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:
Prediction markets are becoming more professionalized, but also harder to beat
Debt relief vs. credit counseling: Which is better?
Jim Cramer questions Anthropic CEO's slowdown manifesto and puts forth an action plan
Xi says China will take lead to foster AI, tech cooperation among BRICS countries
Movie: Lethal Weapon 3
Snowpiercer: Keep Hope Alive Rewatch
Movie: Hope
Did Jack pay a bribe to the police officer?
I Customized KingMedia & Q2A – My AlGhorba.com Project + Free Help for Q2A Users
LA Clippers owner Steve Ballmer apologizes over team sanctions