Top Payment Methods for Freelancers

Being a freelancer comes with many benefits as you can enjoy doing work while sitting in your bedroom, kitchen terrace or wherever you want. You can work remotely. According to a survey, more than half of freelancers are below age 30. That means freelancing is so popular among youngsters. Also, freelancing comes with online payment. So in this article, we will discuss the best payment methods for freelancers.

Payment Methods for Freelancers

PayPal

PayPal is the most prevalent choice on the list. Depending on your payment type, PayPal permits users to immediately send and receive money. You can also create invoices for your business purposes, or have a separate business account as well. Fees are cheap but depend on the type of transaction. Receiving money from a family will cost nothing, or less than receiving invoice payment, for example.

PayPal gives its debit and credit card and provides business loans. It accepts foreign currencies and will exchange to your native currency for a small fee. It’s one of the few best payment solutions out there that allows Bitcoin.

Payoneer

Payoneer is another alternative intended for firms working with a global base of clients. Payoneer runs in 200 countries and 150 currencies. As a payment processing solution, you can withdraw funds from Payoneer and deposit to your local bank account. It also provides a Prepaid Mastercard you can use for your purchasing.

Skrill

Skrill is much more like PayPal, with some advantages and shortcomings. You can quickly get payments and transfer funds from your bank account or credit card. Unlike PayPal, Skrill supports more countries. Payments are processed immediately, and it’s an excellent choice for freelancers based around the world. One functionality it lacks is online shopping payments.

Google Wallet

No doubt, everyone is much dependent on Google integrations, then Google Wallet is a payment option that will fascinate you. Use it to receive free money transfers and send them on to other payment systems. The fees are low, and Google will track your account information to deter scams as well.