Most commonly used payment interface in your country Thread poster: v2pactera
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Hi All,
We require valuable feedback from you freelancers!
We are conducting a survey to find out the most popular and widely used payment interface in your respective countries.
Please provide answers with your respective countries and payment method interface that you prefer (Eg: Online banking(name), Paypal, etc):-)
Thanking you for your time. We appreciate it!!
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Heinrich Pesch 
Finland
Local time: 11:44
Member (2003)
Finnish to German
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| Of course wire transfer | Mar 22, 2016 |
All use online banking in the EU. Don't you?
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v2pactera
United States
Local time: 01:44
TOPIC STARTER
We were just figuring out the most popular method.
Thanks for the feedback though
Do you like any particular site? Or bank associated online banking?
If you do of any other countries, do let us know, would be a great help!
[Edited at 2016-03-22 16:51 GMT]
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| Wire transfers... | Mar 22, 2016 |
... are for sure the most commonly used payment interfaces in Belgium and in Portugal (the two EU countries I know best)!
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v2pactera
United States
Local time: 01:44
TOPIC STARTER | Thanks a lot | Mar 22, 2016 |
Thanks a lot
Any particukar site you would recommend, or associated with banks located in the respective countries
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Sheila Wilson
Spain
Local time: 09:44
Member (2007)
English
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| Bank to bank | Mar 22, 2016 |
v2pactera wrote:
Any particukar site you would recommend, or associated with banks located in the respective countries
There's no need for any interface whatsoever. Just wire transfers between banks, initiated on-line. Simple, fast to do and fast to receive. And for many transactions there's no charge for either party.
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| EU situation in American terms | Mar 22, 2016 |
In the EU, the answer is trivial because of SEPA (Single European Payment Area): international bank transfers in EUR cost the same as domestic ones. In U.S. terms, they are more like EFT/ACH direct deposits rather than wire transfers, being cheap or sometimes even free. They are normally available online to all customers, not just corporate ones. Paper checks are a thing of the past, and services like Paypal and the like are fine for micropayments and shopping, but don't give much advantage in s... See more In the EU, the answer is trivial because of SEPA (Single European Payment Area): international bank transfers in EUR cost the same as domestic ones. In U.S. terms, they are more like EFT/ACH direct deposits rather than wire transfers, being cheap or sometimes even free. They are normally available online to all customers, not just corporate ones. Paper checks are a thing of the past, and services like Paypal and the like are fine for micropayments and shopping, but don't give much advantage in settlements between a translator and a client.
On the other hand, for incoming payments from non-EU countries, bank transfers only make sense for reasonably large amounts, and this is where non-banking payment systems come into play; nevertheless, they aren't "preferred", they are merely tolerated for lack of better methods. On the other hand, if I were to accept a lot of small payments, I might choose to open a card acquiring account and accept card payments.
[Edited at 2016-03-22 22:17 GMT] ▲ Collapse
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| Both wire transfer and Paypal | Mar 23, 2016 |
I live in Egypt. Many of the EU-based companies I work with pay via wire transfer but many also pay through Paypal (it's usually for relatively small amounts). The Egyptian-based companies deposit the money into my Egyptian bank account and anyone else uses Paypal.
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v2pactera
United States
Local time: 01:44
TOPIC STARTER | Thanks again | Mar 23, 2016 |
All of you feedback were so valuable, thanks so much
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| Bank transfer | Mar 25, 2016 |
Online bank transfer here, too, just like Sheila Wilson above said.
Fast and efficient, without extra costs for the reciever from most countries. SEPA also makes it easy and payment received usually in 1-3 days in Europe.
Domestic ones here in Finland don't cost any extra, neither does accepting transfers (at least for the banks I've had) from most countries.
Paypal only if absolutely necessary, as they charge appalling rates just for receiving the transfer (that I don't... See more Online bank transfer here, too, just like Sheila Wilson above said.
Fast and efficient, without extra costs for the reciever from most countries. SEPA also makes it easy and payment received usually in 1-3 days in Europe.
Domestic ones here in Finland don't cost any extra, neither does accepting transfers (at least for the banks I've had) from most countries.
Paypal only if absolutely necessary, as they charge appalling rates just for receiving the transfer (that I don't agree to pay myself as the receiver). ▲ Collapse
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