The Top 5 Payment Systems for Bloggers and Freelancers

You will have to work with international clients and accept different currencies if you want to be a freelancer or blogger. The main payment options for bloggers and independent contractors will be discussed in today’s post, making it more straightforward for you to get paid.

This article is a compilation founded on in-depth investigation and the advice of some of the best independent contractors who have used and evaluated various payment gateway for freelancers.

Wise

Wise is a relatively new player in the market for international transfer services. TransferWise’s competitive conversion rates and understanding of upfront fees set it apart from other services. TransferWise’s processing times vary depending on the currencies, nations, payment options, and transaction amount.

After logging in, you will have access to a built-in pricing converter where you can choose the currency for the recipient and receiver and enter the price. The live exchange rate estimator will calculate its fees, translate the sum to the recipient’s region and currency, and give you an estimated completion date for the payment gateway for freelancers.

Payoneer

Payoneer can be an excellent choice if you’re seeking a PayPal substitute. Users may receive and send online payments with only a few clicks, check their account balance, and even view their whole transaction history using Payoneer.

Payoneer supports the following currencies, and payments are processed within three to five business days. Payments can be sent or received from conventional bank accounts or other Payoneer accounts. The specifics can be found on their fees page, where fees vary.

Revolut 

Revolut has amassed over 6 million devoted customers by making financial transactions simple, hassle-free, and available at your fingertips. Install the Revolut software from the iStore and GooglePlay Store, create an account, and get started there.

Knowing where your cash is coming from and leaving individually and professionally is crucial if you work as a freelancer.

The business account from Revolut enables you to avoid unforeseen fluctuations in exchange rates, international transfers, and other costs that no one remembers but ultimately cost us money over time.

Revolut handles your account and serves as your accountant, giving you more time to focus on productivity and doing what you do best. It expertly handles up to 29 different currencies.

Stripe

For companies that depend on the internet for sales and profit, Stripe is the preferred payment gateway for freelancers. You may use Stripe to make payments using an intelligent payment webpage, a customized UI toolkit, billing, payment methods like bank transfers, cards, and more.

Additional modern features include financial reporting, accounting assistance, authorization for revenue management, Stripe surveillance, 3Dsecurity, and dispute management to plug in fraudulent scenarios.

Stripe typically needs 5 to 10 business days to transfer funds. More than 20 nations are served by Stripe, which also handles more than 135 different currencies.

PayPal

Without PayPal, this list will not be complete. As most of you may already be aware, PayPal is a digital payment provider enabling you to collect and receive payments quickly and easily. PayPal is the most commonly used and widely recognized payment processing platform in the world, with over 270 million customers spread over 200 nations and operating in over 26 different currencies.

All you have to do is register for a PayPal account and link your credit or debit card. Within 48 hours, your profile will be validated. Then, from wherever you are, you may begin receiving and sending money to others in various parts of the world.

PayPal.Me, where you can build your connection with your name and photo and distribute it to your customers via SMS, social networking sites, and emails, is one of the significant advantages of PayPal.

Conclusion

These are some of the most well-liked payment gateway for freelancers available to you. Of course, you can also consider additional payment methods, such as Cash App, Moneygram, Paymo, etc. There are plenty of tools available on the market for payment advice. However, keep in mind that con artists frequently use these networks.