Which method do you recommend?

Lizzy
Lizzy Posts: 162 specialist rank
in First-time course creation

Published instructors, which did you choose- PayPal or Payoneer and why?

Comments

  • AtilSamancioglu
    AtilSamancioglu Posts: 133 specialist rank

    hi, i live in Turkey so i had to choose Payoneer by default since PayPal stopped its services over here. payoneer cuts 2% of the income while transferring to your bank account. i don't know the number for paypal so maybe it would help for you to compare.

    also in payoneer we get a mastercard (optional). you can use this card anywhere in the world to draw money from any atm. again, i don't know if paypal has this feature as well maybe it would give you some perspective to compare.

  • Thor
    Thor Posts: 2,331 rolemodel rank

    Paypal, can transfer for free to my bank account. (US)

  • Lizzy
    Lizzy Posts: 162 specialist rank

    Thank you, @Thor

    I am in the UK. I wonder if it's the same. It's so difficult to know which is best...

    Any advice appreciated v much.

  • Lizzy
    Lizzy Posts: 162 specialist rank

    Thanks so much for your advice @AtilSamancioglu

  • MikeXCohen
    MikeXCohen Posts: 449 visionary rank

    Hi Lizzy. There have been other threads on this forum on exactly this topic. The best option seems to differ by country. Paypal charges me while Payoneer doesn't, but others have the reverse, or get different rates. The best thing to do is try both and see which ends up being better.

  • Lizzy
    Lizzy Posts: 162 specialist rank

    Thanks @MikeXCohen

  • Unknown
    Unknown

    You are overthinking things. Choose one and see if you are happy with it after a few months. If not, choose the other. There are a thousand things to be thinking about when getting started on Udemy. Payment method should be way down on the list.

  • ChemEngGuy
    ChemEngGuy Posts: 28 trailblazer rank

    Payoneer, all the way... I'm from Mexico and Paypal suddenly decided to stop offering the wallet service. All payments will be automatically converted (awfull conversion rate) to local currency and sent to the bank "for free". With Payoneer, you get:

    • Virtual US Bank Account
    • Wallet service
    • Debit card wich you can use anywhere as long as they accept MasterCard

    Paypal sucks in general, high fees and they take advantage of being the top digital payment company ... Limiting withdrawals or limiting your account for any detail so they can retain your money and invest it anywhere.

    The only pro that used to be with paypal is that there's many people using it so you can send and receive money with it... But for now Mexico is out of this so I see no advantage at all.

    I have been very happy with payoneer, better % conversion rate, debit card, bankc account, etc...

  • Lizzy
    Lizzy Posts: 162 specialist rank

    Thanks @ChemEngGuy
    for your reply. I appreciate your advice. Payoneer sounds better.

  • H-Aydin-Ucar
    H-Aydin-Ucar Posts: 2 researcher rank

    is payoneer registration free of charge ?

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