Accepting Venmo/online payment for one-person business in 2021?
Post date: 2021-01-15 09:31:27
Views: 302
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:
Amazon says U.S. Postal Service 'walked away at the eleventh hour' in negotiations
Inflation dominates Powell's remarks, pressures stocks. Plus, big earnings tonight
Fed votes to hold rates steady, notes 'uncertain' impacts from Iran war
Dad is dying - how do I cope right now?
Looking for great books, essays and podcasts about fundraising?
What is a film seminar
Services that will pick up and ship item?
Social Media Poster - Auto-share your Q2A content everywhere
Scarpetta: Full first Season
These income-generating plays can yield up to 6% as the Fed holds rate steady