Accepting Venmo/online payment for one-person business in 2021?
Post date: 2021-01-15 09:31:27
Views: 310
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:
OPEC+ debates making oil output hike amid Iran war paralysis, sources say
Homebuyer mortgage demand drops annually for the first time in over a year, as war fuels uncertainty
Trump praises Hungary PM Viktor Orbán after Vance calls him at Budapest rally
Movie: Half Lives
Movie: The House by the Cemetery
Book: There is No Antimemetics Division
Movie: The Children's Train
Ray Dalio: Trump-Xi meeting to focus on trade, capital flows
Robinhood’s Trump Accounts partnership signals big upside for the stock, analysts say
AI's next bottleneck: Why even the best chips made in the U.S. take a round trip to Taiwan