Wise, PayPal, and Payoneer are the three best payment methods that you can opt for when engaging in international transactions.
We live in the digital age, an era where the internet has made it easier to connect with people from all over the world. As a result, many individuals and businesses are selling more and more of their products overseas. On one hand, it has become easier for businesses to cater to global audiences, on the other, payments and checkouts have become a major headache.
If your business does not offer a familiar payment method, you could end up cutting an entire country off. Therefore, in this article, we will tell you about three payment methods that will definitely help you in your business endeavors.
Table of Contents
Best Payment Methods
Three of the best payment methods that you can rely on while working as a freelancer, blogger, affiliate marketer, or online businessman are:
- PayPal
- Wise
- Payoneer
Payoneer – Best Payment Methods
Payoneer is a platform that offers its users an international bank account so that they can easily receive and send payments. If you are working as a freelancer, or affiliate marketer, or are running an Amazon business, then you can opt for Payoneer to effortlessly send and receive payments. Payoneer offers its users a number of currencies like USD, EUR, GBP, and SGD.
You can open your bank account for any of these currencies and start receiving payments. The next thing you will have to do is attach your local bank account to your Payoneer account and transfer any money you have in your Payoneer account into your local bank. By clicking on this Payoneer signup link and making an account you will get $50 for free.
Payoneer also offers its users global payment options via which they can get bank accounts in countries like the USA, UK, and other European countries. Once you get said bank accounts you will be offered the IBAN and other bank details via which you will be able to receive payments from the clients of these countries. By opting for Payoneer you will be simplifying the payment method for you as well as your clients.
Wise – Best Payment Methods
Wise is the highest conversion rate paying platform. For example, if you want to withdraw the amount from USD to PKR, then Wise will offer you a much better rate than Payoneer. By using this link to make a Wise account you will get a $15 free bonus credit and you will be able to make your account for free. Wise offers its users international payment methods via which you will get IBAN for more than 10 countries.
You can share the IBAN with your clients to get payments. From Wise, you can send money through one click to your bank account. Like Payoneer, Wise also offers a debit card, however, it is not available for Pakistan, India, and Bangladesh users.
PayPal – Best Payment Methods
PayPal is a major payment transaction platform. It is available in India, but not in Pakistan. So, what can Pakistanis do? To get a PayPal account, you will have to begin with USA or UK business formation. In order to do that, you will have to visit the website of US formation, there you will apply your company for $300, and by paying an extra $50 you will be able to make a company in the USA.
Once that is done, you will have to make a Wise account that will cost $20 to $30 and will offer you a USD bank account. When you form your PayPal account you will attach the aforementioned USD bank account with it to form a business bank account.
Also Read
Millionaire Mindset Livestream and Giveaway/Motivational Bonus
