I miss seeing you every minute. Originally, Lao Dao is ready to start the next series of financial plan evaluation. However, after the evaluation of the last series of Fiverr financial plans, many friends "prepared for a rainy day" and asked Lao Dao how to withdraw his income from Fiverr to domestic UnionPay cards and other accounts.

at the request of these friends, Lao Dao inserted an article to tell you about the difference between PayPal and Payoneer in foreign collection and payment accounts. Why only talk about these two kinds of accounts? Naturally, they are both widely used and frequently used cash withdrawal accounts supported by Fiverr.

among them, PayPal must have been heard of or used by most friends, and Chinese people call it PayPal. Payoneer, on the other hand, has a relatively low reputation. Its Chinese name is Paianying, and relatively few people in China have heard of it or used it.

But these two unused electronic accounts can normally withdraw cash from Fiverr's personal income, and there is no difference in this respect. Compared with the cash withdrawal needs of most small partners, the only difference between them is the difference in handling fees.

first of all, regardless of other things, among the latest handling fees required by PayPal in 2121, the handling fee for withdrawing US dollars to domestic bank cards is 35 US dollars, and the minimum withdrawal amount is 151 US dollars. Did I hear this to dispel the minds of many small partners? If it is calculated according to the Chinese-English translation of a minimum of $5, we need 7 orders to just offset the withdrawal fee without counting the platform fee!

Secondly, let's look at Payoneer. In 2121, Payoneer's latest handling fee for withdrawing cash from US dollars to China is a single handling fee of 1.2%. If the amount of withdrawal is huge, you can apply to reduce it to 1%, and the minimum withdrawal amount is 51 US dollars. As soon as we compare it, it is obvious that Payoneer is more suitable for freelancers like us. For retailers (freelancers also belong to this category), it is rare to accumulate more than $3,111 before withdrawing money. In this case, the handling fee paid by Payoneer will rarely exceed PayPal. In fact, I personally withdraw my money as soon as I complete an order, which is convenient for recording and will also increase my sense of accomplishment.

so for retailers, isn't Payoneer crushing PayPal?

not so.

1. In terms of use, PayPal can support direct payment by individuals or personal websites, which is mainly used in major commercial platforms; The fee is a single fixed fee, and no matter how much money is withdrawn, the handling fee is the same (the more you save);

2. Payoneer is said to be the only American bank account+American MasterCard that can be handled free of charge in China. In terms of use, it is a recommended collection tool for many platforms such as Amazon and wish, and it is also used by many people to collect money earned online. The biggest drawback is that you can't accept money from individuals and personal websites (to ensure the legality of funds).

just for ordinary freelancers, it is really unnecessary to use PayPal, which has relatively high handling fee and minimum withdrawal amount. payoneer is recommended. Add the time for cash withdrawal to the account: PayPal takes 3-7 working days, and payoneer's personal measurement time is about 11-31 minutes, which is not fixed.

The registration of payoneer is very simple, and the registration process in Chinese official website is also very normal. The only thing worth saying is that if you use the link recommended by your friends when registering, you and your friends will get a reward of $25 when your payoneer account receives more than $1,111. Although there are not many invitations to register in official website, there are also many. When payoneer first came out, the invitation mechanism was that there would be an invitation reward when the payment was over $111, which led to a large number of criminals maliciously using a large number of accounts to invite each other and then swipe the payment to get the invitation reward. As a result, the conditions for the invitation reward were soon raised to $1111.

a gentleman loves money and takes it wisely. Although Lao Dao really wants everyone to use my Payoneer registration invitation link, after all, it doesn't cost you anything. However, all the information about PayPal and Payoneer is true, and interested friends can inquire for themselves. It is not necessary for Lao Dao to sell his word of mouth for the invitation and reward. Payoneer's invitation to register in official website

Having said that, some small partners may find it difficult to earn $1,111 at the initial stage, but Lao Dao's on-the-spot evaluation can confirm that it is really not difficult. Lao Dao spent more than three months in amateur evaluation time to reach the reward mechanism for receiving $1,111. For details, please refer to the previous article Financial Evaluation Fiverr Series for interested partners.

I'm Lao Dao, a financial appraiser, and I measure the air by measuring the sky and the earth. No matter whether you are interested in my method or myself, please comment and forward your support.