Best payment method

Sturm
Sturm Posts: 5 observer rank
in First-time course creation

Hello all:

I am about to publish my first course on Udemy but I am wondering which payment method I should use. Paypal world well but I believes it takes a big cut on money transfer !

Any advice is welcomed :-)

BTW, I am located in France.

Answers

  • RonCBetta
    RonCBetta Posts: 19 traveler rank

    I have the funds sent directly to my bank, which works best for me. What would your bank charge? Is a bank an option for you?

  • Sturm
    Sturm Posts: 5 observer rank

    Thanks for the info. I was not aware that Udemy could send payments straight to my bank, which accept payments from abroad.

  • MarinaT
    MarinaT Posts: 2,329 Udemy rank

    Hi @Sturm,

    I hope you are doing well 😊.

    Just jumping in to clarify: Direct deposit is currently available only for instructors based in the U.S.
    As you are based in France, you can choose between PayPal, Payoneer, and Tipalti (in selected countries).

  • Sturm
    Sturm Posts: 5 observer rank

    Hi @MarinaT , thanks for the information. So my questions still stands: Which payment method should I use?

  • PuneetGupta453
    PuneetGupta453 Posts: 62 storyteller rank

    Experiences with payment providers can vary, and you might receive different recommendations depending on who you ask. PayPal and Payoneer are well-established platforms, while Tipalti is relatively new, having been introduced just a month ago. As a new instructor, my suggestion would be to start with any of these options initially. You can always switch providers later as your earnings grow and your needs evolve.

  • FettahBen
    FettahBen Posts: 81 storyteller rank

    Previously Payonner was good in fees transfer. But know the fees are the same between PayPal and payoneer. For new Tipalti we still not have experience with it.

  • Sturm
    Sturm Posts: 5 observer rank

    Thanks for the replies, folks.

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