3 Best Ways To Receive Online Payments
Are you a new freelancer trying to figure out how you will receive your payments online? In this article we look at three of the best platforms to receive online payments through. These platforms are commonly used by online freelancing websites and companies to pay freelancers.
The three platforms are:
- PayPal
- Payoneer
- Skrill
PayPal
PayPal is one of the easiest ways to receive money online as a freelancer. It is one of the oldest ways to receive online payments for freelancers. This website is available all around the world. It is also free to use and allows you to link your bank account.
By linking your bank account to PayPal, you can withdraw money from PayPal directly to your account. If you are from Kenya you can also withdraw the money directly to your Mpesa line instantly, which makes it convenient to use.
It is also possible to leave your money on PayPal, without worrying about losing it. However, if you want to save your money, it is better to withdraw and save it to a savings account. This is because money on PayPal does not gain interest over time. It is important to note that if you receive huge payments to your account, PayPal may freeze your account as they verify the transaction. However, this usually takes about 3 days to be resolved. It is possible to remove this by removing the limitations on your account.
To remove limitations on your account, ensure you complete all the necessary details PayPal asks for. You can also contact the support team to assist you, they have a responsive customer service.
The advantage of using PayPal as a freelancer is that it is free to set up and it is the most common payment platform. To open your PayPal account, you can click here.
Payoneer
Payoneer is another great way to receive online payments. It is free to open and works like a bank. It allows one to receive wire transfers from other countries into an account that belongs to the user.
Payoneer has different options. You can open an account as an individual or use it for business. It gives great flexibility for freelancers who receive huge payments and allows you to carry out large transfers of money from your account to other bank accounts.
Payoneer gives users their own bank account details that they can use as freelancers or online to receive or send money. When signing up for a freelancing website you can link your Payoneer using the bank account details assigned to your account when you open your account. Click here to sign up for Payoneer.
Skrill
Skrill is also another method of receiving your online payments as a freelancer. It works like PayPal. It is free to open and is widely used by several websites for freelancers. This website allows you to receive your funds immediately.
When choosing your method of receiving payments online, it is important to keep in mind the ease of access to your funds. It is also important to take note of transaction fees that you may incur while using them. You can click here to sign up for Skrill.
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