Payment Method
Comments
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Hi @VinodCumar
I found these posts talking about the pros and cons of each payment method, please access the following posts:Paypal vs. Payoneer / Conversion rates to other currencies
Which method do you recommend?
Hope this helps!
Eliana Cerna
Udemy Community
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@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.
Thanks!
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For India, I found Payoneer to be much better than Paypal. Payoneer provides better exchange rates.
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@zealvora
, could you please explain how you use Payoneer end-to-end. Do you use any prepaid card, or have given your local bank account details in Payoneer to direct transfer?Thanks!
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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.
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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.0 -
Thank you @zealvora
for your valuable suggestion. For now, i prefer to use Payoneer.0 -
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.1 -
That would be really nice, since a lot of instructors are based outside US
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Ok, will give it a try
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Hi,
I am a new instructor on Udemy. Can I know which purpose code should I select on payoneer? I am from India.
@VinodCumar
wrote:Thank you @zealvora
for your valuable suggestion. For now, i prefer to use Payoneer.0 -
Hi @VinodCumar
,what will be your suggestion now on this, will Paypal or Payoneer is good for Indians.
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