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

Post date: 2021-01-15 09:31:27
Views: 549
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:
Stocks making the biggest moves midday: Lennar, Capri, Vicor, Amgen & more
Altman and Amodei expected to join UN Security Council meeting about AI
EU Package Forwarder?
Meta's quick success with Muse puts consumers back in the driver's seat of the AI trade
Trump, Xi seek trade stability and deals, but AI, tariffs and Iran loom large. What to watch
Trump slams Iran and Cuba, defends AI growth and recounts record in UN speech
OpenAI proposes development of global AI standards to guide alignment, RSI
Peloton is revamping its treadmills with new features in the next phase of its turnaround
Carer Stress vs The Stress of Needing Care
Answered: Pulse 2026 Pro - The Ultra-Modern Q2A Theme