Accepting Venmo/online payment for one-person business in 2021?
Post date: 2021-01-15 09:31:27
Views: 518
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:
Tesla recalls 3 million vehicles in China over doorhandle safety, driver monitoring
Boeing engineers, technical workers reject contract offer
Kalshi traders think the bitcoin rally could end the year near current levels
An overlooked AI winner names a new CFO — plus, Nvidia's key earnings loom
'A delicate dance': JD Vance says economic pressure is the best way to achieve Washington's objectives in Iran
Movie: American Doctor
Movie: The Swindle
Movie: Handsome Guys
U.S., Canada fail to reach a tariff deal, deepen trade war
Ray Dalio says Bessent move is sign that a debt crisis is getting closer; recommends gold and bitcoin