However, there’s always the worry of not receiving payment, particularly when working with clients who are thousands of miles away.
Once a payment is processed, funds are instantly credited to your account.
PayPal charges a nominal fee for every transaction, and they have very strict policies, so it’s a good idea to avoid any fraudulent or suspicious transactions.
A freelancer only begins work after the client has deposited the money into an Escrow account (handled by an independent, trusted third party) for a certain fee.
The money gets released once the job is completed. Escrow is a recommended option when working on a big job with an unknown client.
Essentially, you just need to provide certain banking information to your client and the funds will be wired to your selected account.
You’re allowed to accept free money transfers and integrate your Google account with other payment systems.
A good thing about Google Checkout is the low fees charged.
It processes payments instantly, without geographical limitations (unlike PayPal which has set limitations on certain countries like India).
However, a major drawback with this payment option is that you can’t use it for online shopping.
Having more than 300,000 locations worldwide, you can receive payment from clients on the other side of the globe.
To send funds, your client has to go to any nearby Western Union branch and deposit the payment which you can collect from the pre-selected location.
Your client goes to the bank to order the transfer and a code is sent to your bank to request fund disbursement.
Both the recipient and sender are charged with a fee for the service.
Also, there are transaction limits so it’s not an advisable option when transferring large sums of money.
How do you receive payments?
There are many other money transfer methods available online. Just keep in mind to choose the right payment option that will safely and surely let you receive the payment for your hard work.