Which Payout Method is Best for Indian Instructors?

motionmenon

Hi everyone,

I noticed there's a new payout option called "Tipalty" listed alongside other methods like PayPal and Payoneer. As an Indian instructor, I'm curious about which method has provided the smoothest and most cost-effective transactions. Has anyone tried Tipalty? How does it compare in terms of processing speed and fees relative to the Local Bank Transfer (Tipalti) option?

crystal99roberts

For Indian instructors, Tipalti (Local Bank Transfer) is generally considered a strong option for payouts due to its potential for smoother and more cost-effective transactions. It facilitates direct bank transfers in INR, often with better foreign exchange rates than PayPal and Payoneer. While processing speed for Tipalti's local bank transfers typically falls within 1-3 business days, similar to Payoneer and often faster than PayPal, its key advantage CredibleBH lies in potentially lower overall fees due to reduced FX markups. However, always confirm specific fees and processing times directly with your platform (e.g., Udemy) as they can vary.