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You do not have to set up a special account to sell items using Venmo payment. The program of Wall Street Journal he realized that Venmo is changing its terms to allow you to sell goods and services through your account as long as you agree to pay the same 1.9% plus 10 cents that apply to users. This change takes place on July 20.
There will be changes that allow you to see if the transfer is made for business. Any payments made on the exchange must receive a Venmo purchase protection plan, says the spokeswoman.
Until now, your accounts have been set for day-to-day activities such as debt distribution or receiving epidemic checks. You have risked account bans if you used your profile in a business transaction, even if others used it without any consequences.
No wonder Venmo has gone this route. The PayPal token has had nearly 70 million accounts since February, and has become popular in the US. Although only a handful of people use their accounts for trading, this could represent a huge jump in payments. It also promises temporary flexibility for day-to-day use – you don’t have to create separate accounts to market your business.
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