Receiving international payments...anything better than PayPal?
Thread poster: Stacy Evans

Stacy Evans
United States
Local time: 00:58
Member (2013)
Spanish to English
Jan 26

Hi all!

For the past few years I have been working with agencies and have had zero problems invoicing and receiving payments. In recent months, however, I have started working with direct clients (mostly in Latin America) and have found that Paypal not only charges large transaction fees, but sometimes it's difficult for clients to access and pay!

Does anyone have recommendations for a payment platform that is accessible and easy-to-use from Latin America to US?

Thanks in advance for you help!


Direct link Reply with quote
 

DJHartmann  Identity Verified
Australia
Member (2014)
Thai to English
+ ...

MODERATOR
Bank transfer Jan 28

Stacy Evans wrote:

Does anyone have recommendations for a payment platform that is accessible and easy-to-use from Latin America to US?


I've found PayPal great for small amounts. You receive the money instantly and the fees are minimal.

As soon as you start talking about over a couple of hundred dollars, the fees start to hurt.

On the other hand, international bank transfers aren't usually very good for small payments.

So, you might have to assess which payment method best suits each client.

(this is just general advice, there might be more specific methods for your situation that I'm not aware of... Bitcoin maybe? )



[Edited at 2018-01-28 04:44 GMT]


Direct link Reply with quote
 

Daryo
United Kingdom
Local time: 09:58
Serbian to English
+ ...
If the combination of countries/currencies Jan 28

you need is covered, Transferwise is a good one.

http://www.telegraph.co.uk/money/transferwise/how-does-it-work-and-is-it-safe/


Direct link Reply with quote
 

mariealpilles  Identity Verified
France
Local time: 10:58
Member (2014)
English to French
+ ...
international payment Jan 28

PayPal is praised by the Americans, but they are far from reliable and should you receive important amounts they sequester your payments claiming that they have to verify.... Seeing their poor track of honesty and that they are constantly under investigation, you will then have to fight tooth and nail to be paid. I have scrapped them and insist on bank transfers. Most agencies initially try to negotiate, but if you stand firm, they give in. After all, that is what banks are there for.

Direct link Reply with quote
 

Mirko Mainardi  Identity Verified
Italy
Local time: 10:58
Member
English to Italian
+ ...
Transferwise Jan 28

Stacy Evans wrote:

Does anyone have recommendations for a payment platform that is accessible and easy-to-use from Latin America to US?


Try looking into Transferwise.


Direct link Reply with quote
 

J KIM
South Korea
Local time: 17:28
Member (2017)
Korean to English
+ ...
Well Jan 28

There are a bunch of substitutes if you'd really like to change.
I'm using both of Skrill and Paypal in different currencies. Due to fee issue in my case.


Following are some links you might go through:
https://www.ewallet-optimizer.com/skrill/skrill-vs-paypal/
https://www.ewallet-optimizer.com/neteller/neteller-vs-skrill/
https://www.globelmoney.com/zone/


Direct link Reply with quote
 

Woodstock  Identity Verified
Germany
Local time: 10:58
Member (2005)
German to English
+ ...
I have used an alternative service Jan 28

Agreed, the fees can become quite prohibitive with Paypal, so I only use it for fairly small payments and online purchases. When one of my UK clients didn't want to use Paypal a few years ago, I suggested one I had come across on the internet that looked reasonable:

transferwise
https://transferwise.com/de/

I was very pleased with the results, payment was quick and in full, i.e. I didn't end up paying any fees. Conditions may have changed in the meantime but still could be worth a look.


Direct link Reply with quote
 

Hebat-Allah El Ashmawy  Identity Verified
Egypt
Local time: 10:58
Italian to Arabic
+ ...
Skrill/ Moneybookers Jan 28

PayPal was not well-known in Egypt when I start my career. Instead, I use Moneybookers ( SKRILL). They charge small fees which seem reasonable. I use it only for small amounts and random clients,but with bigger amount and settled clients , I always prefer the bank transfer.

Direct link Reply with quote
 

Thayenga  Identity Verified
Germany
Local time: 10:58
Member (2009)
English to German
+ ...
They have Jan 28

Woodstock wrote:

transferwise
https://transferwise.com/de/

I was very pleased with the results, payment was quick and in full, i.e. I didn't end up paying any fees. Conditions may have changed in the meantime but still could be worth a look.


When a client sends 100 USD you receive 97 USD. But their exchange rate is by about 2.5 Euro cents better than PayPals.


Direct link Reply with quote
 

Vanda Nissen  Identity Verified
Australia
Local time: 18:58
Member (2008)
English to Russian
+ ...
Transferwise Jan 29

I agree with Mirko, it is a good alternative.

Direct link Reply with quote
 

Stacy Evans
United States
Local time: 00:58
Member (2013)
Spanish to English
TOPIC STARTER
Great ideas! Jan 29

Thanks so much for your responses everyone! I'm going to look into all of these options. I also hadn't thought of toggling between different services for different countries, so thank you for putting that into perspective as well. I hope this forum serves others in the same boat.

Direct link Reply with quote
 

Linda Marconi
China
Local time: 16:58
Chinese to English
+ ...
What about Western Union? Feb 1

This is the first time that I have heard of TransferWise. Thank you. I mostly use bank transfer for Chinese clients, and Paypal and Western Union for international clients. Next time, I will try TransferWise, since it can save some for either party.

Direct link Reply with quote
 


To report site rules violations or get help, contact a site moderator:


You can also contact site staff by submitting a support request »

Receiving international payments...anything better than PayPal?

Advanced search







WordFinder Unlimited
For clarity and excellence

WordFinder is the leading dictionary service that gives you the words you want anywhere, anytime. Access 260+ dictionaries from the world's leading dictionary publishers in virtually any device. Find the right word anywhere, anytime - online or offline.

More info »
TM-Town
Manage your TMs and Terms ... and boost your translation business

Are you ready for something fresh in the industry? TM-Town is a unique new site for you -- the freelance translator -- to store, manage and share translation memories (TMs) and glossaries...and potentially meet new clients on the basis of your prior work.

More info »



Forums
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search