PayPal is by far the most popular payment option that freelancers can use to receive payments from their clients. Unfortunately, many freelancers and clients cannot use this method if PayPal is not supported in their countries. So these freelancers rely on alternative options to get paid by their clients. Here are the best PayPal alternatives for freelancers.
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Payoneer is one of the most popular ways for freelancers to get paid. For clients, it is a quick, low-cost and secure solution to pay for outsourced tasks.
Freelancers can bill their clients via Payoneer and get paid the exact amount they invoiced the clients. When you want to withdraw cash using the Payoneer Prepaid MasterCard, you pay a service fee per transaction. You can also withdraw funds to your personal bank account in your local currency.
Of course, you can purchase goods and services online and in stores using the Prepaid MasterCard. Over 3 million users in 200+ countries use Payoneer to pay and receive money.
Create a free account here – https://www.payoneer.com/main/
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Skrill is a UK based electronic online payment processing company like PayPal. It offers flexible payment options. You can withdraw funds using its Prepaid card or to your personal bank account. Freelancers in many countries across Asia and Africa can withdraw funds in their local currency. It is, however, not yet a popular service in the USA.
Go here to sign up – https://www.skrill.com/en-us/
Wire transfer has been around for decades but it may not be a flexible option for the clients in particular when it comes to paying their outsourced freelancers. This involves a bit of paperwork or filling out an online application to complete the process. However, wire transfers are not cost-efficient for small amounts.
Western Union is a very reliable payment option around the world. It is a great option for freelancers in countries where PayPal is not available. However, like wire transfer, it is not also a cost-efficient option for small amounts.
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PayPal is the largest online payment processor for freelancers or outsourced employees to get paid. However, ask your client how you would like to be paid prior to working for them. Just in case, Paypal is not available in your client's country.