Hi @VinodCumar I found these posts talking about the pros and cons of each payment method, please access the following posts:
Hope this helps!
@VinodCumar I'm also a newbie and did some research on the topic.
I would suggest you to go for Paypal if your income per month is less than $100. I got my payment from Paypal and it was seamless, the only thing was their conversion rate was around Rs 2 less for each dollar as compared to other sites.
For sake of convenience and to focus on other aspects I decided to keep using Paypal, and will check other options later once the income revenue goes past 100-150$/month.
Thank you @aakriti-elearn for your valuable suggestion. Currently, I have both Paypal and Payneer. But I moved on to select Payoneer as my present payout method. And 2 days later I got reply from @instructorsupport saying...payout method can be changed later.
Direct Transfer to Bank via Payoneer. There are two advantages of Payoneer that I have found:
1. Better exchange rates (USD to INR).
2. Lesser transaction charge.
However, I'm waiting for a feature were Udemy can directly transfer to our bank account instead of going through either payoneer/paypal. I believe they are testing this feature in US.
Hey @aakriti-elearn ,it is easier to create an account on Payoneer than it looks. you just have to use local bank (ex.- SBI) details and your govt. ID. Their account creation process is very fast. Just try.