One of the most important questions you may have when you are a freelancer is how to accept international payments after you provide a service to people from other countries. Let’s review one of the simple and secure ways.
How To Accept International Payments?
When you are providing services locally you have the option to provide your bank account, also, go and deliver an invoice or collect a check, but, what happen if you want to provide services all around the world? Are wire transfer and option? Electronic transfers? or Credit card acceptance?
What do you think will be the easier and with more scalability? The credit card of course, but also electronic transfers could be a good option.
OK, then, I’m presenting you one of the two methods I use, this is now my favorite and is Payoneer.
It also works for affiliate marketing payments. Let’s review it in more detail.
What is Payoneer?
Payoneer is an international company, that will give you a virtual bank account in the United States or the European Union so you can receive your payments via electronic bank transfers or by Credit Card. It works for almost everybody (150 countries). You will receive a MasterCard so you can withdraw your money at your local bank, through an ATM machine or just use it in your local store or for buying on the Internet.
Let’s get a little bit further into this. First, let’s see their promotional video:
Well, it actually is that simple.
Mass Payout Companies
I’ve been experiencing this for just a couple of months and I really love it. I had to say I was using another payment method, a popular one, but the problem I had is I couldn’t withdraw the money so easily. I had to transfer it to my local bank account only and it costs me some money and time. With Payoneer, there are more simple and inexpensive ways to do it.
Let’s see some examples.
The next image was taken from the Payoneer blog where you will see this method is cheaper than the other two this guy is using, and it is for the Philippines.
As you can see, there is better to receive payments from Payoneer.
Another think that I really like is I can use the service to withdraw my Fiverr revenues.
Yes, as I wrote before in two of my posts, I’m doing some money with Fiverr, and I can “bring” that money to Payoneer for just $1 per transaction. So I expect to have a little bit more than $100 on my Account to transfer it, it makes the cost less than 1% with is pretty affordable.
Also, I can withdraw my Amazon Affiliate earnings.
See, there is a major advantage here, Amazon just send me a check and until I have at least $100 into my affiliate account, now that I signed it with Payoneer, they send me an electronic transfer (ACH) to my Payoneer account with just $10, which means, I have my money at my disposal every time they make their account process instead of expecting a check (which in my case can take 2 or 3 weeks), take it to the bank and expect the bank to collect it, which could be another 2 or 3 weeks.
If you are curious about this process, at the end of the post, I’ll show you another video on How To Accept International Payments and withdraw your money from Amazon Affiliate program to Payoneer.
Do you work with marketplaces or ad networks? Receive payments from Upwork, Airbnb, Fiverr, 99Designs, iStockPhoto, ClickBank or any of the 2,000+ companies who pay their users via Payoneer.
Charge direct to clients
Do you work Directly with Clients? Payoneer offers simple payment solutions so you can work with companies around the globe.
- Global Payment Service: This is in case you need a bank account in another country. The service provides you with “receiving accounts,” so you can receive local bank transfers in USD, EUR, GBP and JYP – as if you had a local bank account!
- Billing Service: This is pretty practical, in case you need to get paid for a project you’ve recently completed. You just have to request a payment directly from Payoneer and they will send your client an email on your behalf with details of the payment and several safe and secure options to pay online, including credit/debit card (VISA or MasterCard®), eCheck or local bank transfer (where those options are available).
You can deliver some service to a particular or another company, and they can pay using their Credit Card.
This makes things even more simple.
Make a Payment Service: Do you need to pay a team member, supplier, or contractor? Use this service to pay just about anyone, even if they don’t yet have a Payoneer account – for FREE!.
It’s even better if they have a Payoneer account also, it is much simpler.
How do you access your payments?
- Payoneer Prepaid MasterCard®: Get easy, instant, and low cost access to your Payoneer account balance. Make purchases online, and in stores anywhere MasterCard® is accepted, or withdraw your cash at ATMs worldwide.
- Withdrawal Service: Withdraw funds from Payoneer directly to your local bank account, in local currency.
Let’s see How To Accept International Payments using your Amazon Affiliate account.
First, you have to sign up to Payoneer. It’s FREE to sign up. There are fees per transaction but I’ll give you some ideas on how to earn more money with them and their affiliate program.
Let’s sign up, click the next button to do it: *Please, do this first step before continuing with the guide.
Then, follow the next video to access your account:
Final words and their affiliate program
Payoneer has an affiliate program, and the links in this post use their refer a friend links, so, let’s see what it means.
The annuity for having a MasterCard is $29,95. That is what you should pay to have the right to use the credit card. There is no surprise here because most of the banks worldwide will charge you an annual fee to make use of their accounts and services.
But, if you refer a friend, and that friend gets a $100 payment (minimum), you BOTH get $25. Not just the people that recommend you, but also the person who gets the payment.
Directly from Payoneer website:
The Payoneer Refer A Friend program is a great way to earn extra cash simply by telling your friends about Payoneer. When your friend signs up and earns just $100 in payments, you both earn a reward of $25.
I wish I had someone who recommends me but I found Payoneer looking for new ways on How To Accept International Payments
Some of the benefits of the refer a friend program are:
- Simple and effortless – inviting friends is as easy as sending an email invitation or posting on social media.
- Get paid for recommending Payoneer – Earn $25 for every friend that signs up and earns at least $100 in payments
- Incentives for all – It’s great to earn money when your friends sign up, but your friends also collect $25 when they earn just $100 in payments!
So, this is a great way to earn some extra cash for every friend you refer and for them to sign up, and get rid of the annuity charges, etc.
Sign up using my link here: Refer a Friend Program. Or by clicking any image or button in this article.
So, as I said, the best answer so far that I found to the question How To Accept International Payments is Payoneer. Follow the links or images provided and let’s collect some serious money!