The Top 4 Free Instant Payment Systems For Your Work At Home

Free Instant Payment Systems in 2022 You Should Use Now that we have presented to you multiple work-from-home ways on this website, I can imagine that the next question in your mind is, how will I receive my money? Well, there are diverse instant payment systems used by freelancers and businesses globally. You can choose one or two of them and make them your payment systems. Beautifully, most of the ones that we are going to present to you in this article are fast hence you don’t have to wait for days before getting your money from anywhere across the globe. To eliminate delays in your payments; whether when paying your freelancers or when receiving your payments, choose one of these instant payment systems. As usual, in this website, we test every website before presenting it to you; so, you can be sure that these instant payment systems are legit and trustworthy to use in your work from home transactions. I will also show you the benefits of each payment system and my experience with each system. Based on my interactions with each one of them, I will recommend the best and show you the one that we have been using for years. We hope this will eliminate doubts in your mind and properly guide you to choose the right and instant payment system for your business. So, let’s get this show to the road. Shall we? NEXT 1 of 18 The Top 4 Instant Payment Systems Here is a list of the top 4 fastest payment systems you should use: PayPalPayoneerSkrillWise – formerly known as TransferWise There is much to learn about each one of them, so, don’t just jump to the website without having the right knowledge about each payment system. We have a bonus tip at the end where we will show you how to earn from these instant payment systems as you use them to make your payments. So, continue reading to the end. Now, let’s explore each method. 1. Brief PayPal Review Perhaps this is one of the most commonly used instant payment systems across the globe. PayPal Holdings Inc. is one of the greatest online payment companies in America with its presence in various countries across the globe. It supports online money transactions hence acting as a replacement for the traditional paper systems like money orders and bank checks. PayPal has been useful to most people across the globe being used by auction sites, commercial users, and online vendors. This payment system has entered the financial market and is being traded as Nasdaq: PYPL, NASDAQ-100 component, S&P 100 component, and S&P 500 component. This company was founded in December 1998 as Confinity which later changed its name to X.com in October 1999. The renowned founders of this instant payment system include Ken Howery, Luke Nosek, Max Levchin, Peter Thiel, Yu Pan, and Elon Musk. The company has its corporate headquarters in San Jose, California the United States, and its operative headquarters in La Vista, Nebraska the United States. As of 2019, the company had a revenue worth US $17.772 billion and a total of 21,800 employees in 2018. This instant payment system has various subsidiaries including Braintree, Honey, Venmo, Paydiant, PayPal Credit, Xoom Corporation, iZettle, Tradera, TIO networks, and card.io. We took our time to research and explore this company to show you that PayPal is a legit online payment system. PREV 2 of 18 NEXT Why Should You Use PayPal? With over 192 million active accounts globally, PayPal has been at the forefront of enabling its users to buy online, send payments, request payments, and buy and sell on eBay, among other commercial transactions. But why should you join PayPal? 1. It is easy and free to sign up Unlike most payment systems that suck when registering on their platforms by asking so much personal information, PayPal Sign Up requires few details about you, and boom, you are in. They will require an email address, name, address, and phone number. Besides, this instant payment system will require you to add a card to your account and verify it. This is to perhaps help you roll out huge sums of money into your bank account or as an alternative payment method if your country does not have a mobile payment method linked to PayPal. This payment system has given you the privilege of either opening your account as an individual or as a business. A personal account is usually limited and there are certain amounts that you cannot receive and certain multiple transactions you cannot do with a personal account. However, you can upgrade for free your account to a business account if you are going to be making multiple transactions. It also allows you to transfer more money in a day without limits. Any work-from-home business will need a business PayPal account. PREV 3 of 18 NEXT 2. It is safe and Secure From my experience, I can confidently say that PayPal is safe and secure. For the 4+ years that I have been using PayPal, there is no day that my account has been hacked or accessed by unknown users, or vandalized by the PayPal workers; never. They will always recommend you provide a strong password for your account. When it comes to making Payments, I have been paying the web hosting companies, and other companies every month yet I have never had any issue. It is very safe and secure. 3. It is Fast PayPal is quite fast. They are continuously improving their transaction speed. Unlike some years ago when I was waiting for 2 hours to get money into my mobile account, nowadays they have improved. It is unbelievable that I usually receive my withdrawals within one minute. ALSO READ: The 4 Greatest Amazon Remote Jobs to Start Today The same case applies when I am making payments to web hosting companies and Picoworkers. This instant payment system does its transactions with lightning speed. They have incorporated a new feature called One Touch where you stay logged in without entering any password. PREV 4 of 18 NEXT 4. Open and trustworthy This is another reason why I prefer using PayPal. They give you a breakdown of the amount that you have transacted within a week, month, or year. You can also enter your custom dates for the period that you want to see its transactions. They will also show you the transaction fees that have been used within the given period. They offer Buyer Protection to ensure you are protected all the time when doing your transaction making them trustworthy. 5. Great exchange rates As I compared the exchange rate of the PayPal payment system to other platforms, I found that they offer great exchange rates. That means you will have your money intact if you are receiving it outside the United States. 6. Cheap If your transactions are not involving currency exchanges, it is completely free to transact on PayPal. Assuming that you are sending money in USD to your friends who are using the same currency, PayPal will not charge you anything. However, they include some fees for multi-currency transactions. Nevertheless, even the fees that they charge are usually low mostly 1% of the amount you are withdrawing to your bank which is very considerate. PREV 5 of 18 NEXT 7. Accessible on all devices and worldwide PayPal's instant payment system is almost covering the globe. Although their services are not available in a few countries, their presence is in almost every country. That is why they have millions of users, almost 200 million, worldwide. They have come up with a great app that is compatible with various devices for easy accessibility of Android and iOS users. Wherever you are, you have the power in your phone to do the transactions. The app is free from Google Play Store. Bonus Tip: If you are in the United States, you can use PayPal to make money for yourself by simply referring people to this instant payment system. At first, PayPal was paying people who joined their referral program $20 when their referral opened an account and $20 when they open an account. When they became popular, they removed the privileges. Nowadays they only allow people with US PayPal account to join their referral program where they get $10 for every referral. One can also earn up to $100 with business accounts when their referral spends over $100 within the first 45 days of their sign-up. PREV 6 of 18 NEXT 2. Brief Payoneer Review This is another instant payment system that is quickly spreading worldwide. Just like PayPal, Payoneer comes with two options: SMB and Enterprise accounts. Whichever account you choose to open, you will have your money transferred or delivered to your account. Having been founded in 2005, Payoneer is one of the American companies that specialize in offering various financial services to its customers across the globe. This payment system has its headquarters in New York in the United States. This financial company was founded by Yuval Tal who is also the President of the company. Its CEO is Scott Galit, Keren Levy is the COO, and Michael Levine is the CFO. As of 2019, this company had a revenue worth $300 million and over 1,395 employees. Payoneer has witnessed major global growth, especially in Southeast Asia, the Philippines, Japan, Korea, Britain, Pakistan, Ukraine, China, India, French, Dubai, and generally in most countries across the globe. In 2016, this company decided to institute the renowned Entrepreneur of the Year Award. This instant payment system has been empowering businesses, freelancers, individual online sellers, and companies by making paying and getting paid easily. Whether you want to pay on Amazon or to get paid by Fiverr, you have Payoneer by your side. PREV 7 of 18 NEXT Why Should You Use Payoneer? There are several benefits of using Payoneer that have made it outstanding among other payment methods. Here are some of them: 1. You can explore new marketplaces People fail to explore new markets because of the limitations on the ground especially when it comes to payment. However, this is becoming something of the past especially now with Payoneer on your side. You can receive your payments in form of USD, GBP, EUR, AUD, CAD, SGD, among others. 2. Easy and free to sign up Payoneer does not ask you for any amount when registering on their platform. Unlike mortar and brick banks that ask for some amount when opening an account with them, the Payoneer Sign Up process is free yet you receive payment across the globe into your local account. That is quite easy and efficient. 3. Fast and Efficient Getting money into your account involves only two steps. With this instant payment system, you will need to register where you provide common personal details like email, names, date of birth, telephone number, etc. The next step is to send the customers your Payoneer account details if they want to make payments to you. Besides, you can start paying for your transactions after you create an account with Payoneer. PREV 8 of 18 NEXT 4. It is flexible I love the flexibility and freedom that Payoneer offers its customers. Besides being global in over 150 countries, it comes with multiple currencies. Whether you are transacting with someone from the West, or East, or in any continent, your transaction will be smooth and successful. It gives your clients the delight and the flexibility to pay their credits or bills using the currency that they want be it EUR, SGD, CNH, JPY, USD, GBP, and MXN. That means you will never find yourself in a fix of not knowing how to settle a client from a different country. 5. You get what you earn This instant payment system has eliminated some international transfer costs that were making most work from home individuals and businesses not go global. Transfer costs used to be huge making most small businesses collapse or shun completely international transactions. ALSO READ: The Simplest Way to Make Money From YouTube in 2021 However, since the establishment of Payoneer, things have been simplified. Now businesses and individuals can receive their real amount and get more income into their accounts. Besides, the multicurrency feature in Payoneer has opened international markets to most businesses. With Payoneer, you can easily withdraw money into your local bank by easily converting it into your local currency. After that, you can pay easily your suppliers, business partners, freelancers, and contractors either using your bank or directly on Payoneer. PREV 9 of 18 NEXT 6. Easy to make secure payments If you are doing an online business, you can settle your VAT using your Payoneer account to which country has this payment system. You will convert the amount to the needed currency. Indeed, it has become more like a local bank to most work-from-home individuals. 7. Trusted by major brands Most companies and businesses across the globe trust this instant payment system. In the field of digital marketing, some major brands like Taboola, Commission Junction, and Tradedoubler use this platform. In travel, Airbnb, Tujia, and HomeAway trust this system. Some freelancer and translation companies like UpWork, Fiver, CrossOver, One Hour, Welocalize, and Gengo use Payoneer. When it comes to shopping, content creation, and eCommerce sites, Amazon, eBay, Wish, Getty Images, Shutterstock, and Adobe make transactions using Payoneer. 8. High commissions for their Affiliate Besides offering fast payment services, Payoneer offers you a chance to start earning by simply referring their services to other people. You can promote this instant payment system to your contacts, customers, and anyone who comes your way. They give you a chance to share your affiliate link through emails, banners, landing pages, blogs, websites, Facebook, Twitter, Pinterest, and all social media platforms. Every new customer who starts earning on Payoneer gives you an attractive commission. Bonus Tip: Join both referral and affiliate programs of Payoneer. It is simple to join. Then promote the link to your friends and contacts. As your referral signs up, you get some commission without doing anything. So, why not join their programs. PREV 10 of 18 NEXT 3. Brief Skrill Review Skrill which was formerly known as Moneybookers was founded in 2001 and deals with online payments and various cash transfer services. Having been on the ground for two decades, the Skrill payment system has its headquarters at 25 Canada Square, London in the United Kingdom. According to this instant payment system, they offer their online payments services globally. One of the key people in this company is Philip McHugh who is the CEO at the time of writing this article. By 2014, the company had a revenue worth $331 million. As of 2018, the company had over 2000 employees. The parent company of this payment system is Paysafe Group. Skrill has spread its wings to over 120 countries dealing with over 40 diverse currencies. Their customers across the globe can easily upload their cash using their cards, banks, and other various methods. Skrill has been named by Juniper Research as one of the Best Digital Wallets in their Future Digital Awards in 2019. In the American Gambling Awards in 2019, this instant payment system received the renowned Payments Processor of the Year Award. Its parent company has also received the Best Online Payments Solution award in 2019. Besides all these great traits of this instant payment system, why should you decide to use Skrill? Well, let’s explore some reasons. PREV 11 of 18 NEXT Why Should You Use Skrill? 1. Recognized by major brands Perhaps this Skrill is the only instant payment system that has been recognized by a major football team like AC Milan. AC Milan recently announced Skrill as its global payment official partner. Besides, Paysafe is a widely recognized brand used by major brands like Amazon. Its association with AC Milan could be the reason why Skrill has been widely used as a payment system for various betting sites. 2. Easy to send and receive money globally You can do more while paying less with Skrill. You can easily pay your merchants and freelancers directly into their Skrill accounts from your Skrill wallet. If you are working for someone else, they can easily pay you in to your wallet and receive your full money. Its transactions are done internationally hence there are no restrictions. PREV 12 of 18 NEXT 3. Deals with Multicurrency With Skrill, you can easily select the country you are operating from and the currency you want to use. They have over 50 currencies that you can use in your transactions including AED, AUD, BGN, CAD, CZK, EUR, GBP, JPY, QAR, RUB, USD, ZAR, and many others. 4. Easy to buy cryptocurrency It has now become very easy to buy cryptocurrencies using Skrill without the need for additional verifications. You just need to upload your money into your Skrill account using their multiple methods and change it into the currency of your choice. Proceed to the crypto tab that is under “Trade”, and select the crypto under the “market data” that you want to trade. Enter the amount you wish to spend, double-check, and click “Confirm” to complete the entire process of buying the crypto. 5. Work with various local payment methods This instant payment system works closely with various local payment methods including banks transfer, Fast bank transfers, PaySafe Card, Paysafe cash, Rapid, JCB, Mastercard, Visa, Diners Club International, and Trustly among others. ALSO READ: The Best Real Typing Work in 2021: Video Captions Most of these payment systems have a fee of 1.00%. Depending on the withdrawal method you are using, you will be charged a different percentage. With Skrill, it is always free to receive money from anywhere across the globe. PREV 13 of 18 NEXT Bonus Tip: Did you know you can still earn with Skrill? Well, there are three ways you can earn with Skrill using their loyalty program: Skrill Knect, VIP Program, and Affiliates. With Skrill Knect, you make connections and the more you make connections the higher the points you earn. You can later exchange the points for cash rewards. With the VIP program, you enjoy certain privileges if you are consistent in your transactions. Your account is upgraded to either Silver, Gold, or Diamond tier depending on your transactions. With this program, you enjoy super low fees, higher transaction limits, 24/7 support for the Silver tier, and a personal account manager if you are in the Gold and Diamond tiers. Lastly, you have a Skrill affiliate program where you can create additional Skrill revenue for a lifetime by just referring people to Skrill. As they sign up and start transacting, you start getting your share. Their parent company, Paysafe, is the one that manages their affiliate program. You get a 20% revenue share with their affiliate program for a lifetime. You help them grow and they help you earn more. You can join their Skrill Global affiliate program, NETELLER Global program, and Skrill USA (for USA residents only). They provide you with some banners, guides, articles, promotion pages, and links to help you double your revenues. PREV 14 of 18 NEXT 4. Brief Wise (TransferWise) Review Now you can join over 10 million people who are using Wise to do their exchange rate, send, and receive money right into their local banks. This instant payment system is regulated by FCA making it very secure for your transactions. They are cheaper than most the United Kingdom banks. Wise, formerly known as TransferWise, is a financial technology firm located in London, United Kingdom. This private company has just celebrated a decade in operation as of January 2021. That means the company was founded in 2011 January by Kristo Karmann and Taavet Hinrikus who were Estonian businessmen. As of the time of writing this article (2021), Wise had its headquarters in London, England, UK with Taavet Hinrikus being the Executive Chairman and Kristo Karmann as the CEO. This instant payment system has been named by The UK Guardian as the “East London’s 20 Hottest Tech Startups”, by the Wired UK as the Start-Up of the Week, and by TechCrunch as the “Start-ups to watch” all in 2012. For the IPO, they had appointed Morgan Stanley and the renowned Goldman Sachs as its joint coordinators. In 2021 February, the previously known TransferWise now became Wise. It rebranded everything including its website to suit its new brand. They remain committed to their promises and values. Wise has been ranked in position 8 in the CNBC Disruptor 50 list in 2015 perhaps making its name a World Economic Forum Tech Pioneer. The company becomes more widely known that in 2017, it was sending over 1 billion Euros per month. You can easily Join Wise Here. PREV 15 of 18 NEXT Why Should You Use Wise? 1. Their services are global Wise has increasingly become popular in almost every region of the globe. You will be surprised to know that even in regions where PayPal is not available, Wise is there. It has now over 14 offices across the globe within its decade of operation including in India, Europe, the UK, the US, Africa, Australia, etc. 2. Trusted by many customers Although they have not reached such a huge customer base as PayPal, they are somewhere satisfying with over 10 million customers globally. ALSO READ: Tutoring Services: Make Superb $7,500/Month Tutoring Students This number will continue escalating as they maintain their awesome financial services. They have a rating of 4.6 out of 5 on Trustpilot, showing that they are the best when it comes to dealing with your work-from-home cash. PREV 16 of 18 NEXT 3. Various currencies They are well organized to cater to their customer’s needs where their customers can access their money in the currency of their choice. They are into building borderless money. It is slowly becoming a world banking and payment system. They usually send over $7 billion every month and save over $1.5 billion every year for their customers. 4. They offer global support This is something most instant payment systems have not been able to achieve. But with Wise, you can reach out to their support team 24/7 who are human that assist you in the language of your choice. Unlike the robot and automated support systems used by many companies, Wise is indeed wise to have a human support team. 5. Easy and free to sign up The process of registering with Wise is quite easy. You just need to Sign up either online or using your app with your email, FB account, or Google account. After you verify your email, you can start choosing the amount you want to send, add the recipient’s bank details, and then verify your identity. You are on your way to sending money. Besides, they will not charge you anything when creating your account. 6. Transparent One thing we loved with Wise is their transparency. There are no hidden fees with Transfer Wise; the amount they charge is always displayed hence you will get your amount as expected. They charge very little which they will always show upfront before you make your transaction. So, there are no surprises with this instant payment system. PREV 17 of 18 NEXT Bonus Tip: Wise offers an affiliate partner program that you can use and make money for yourself. You just need to spread their mission to people across the globe and you will earn some commissions. They provide you with localized materials that you need to make your affiliate program a success. No matter how long your referrals stay without converting, once they sign up and convert, you will earn commissions. That’s the beauty of their affiliate program. That guarantees you more revenue. Besides, if you are stuck somewhere, they offer some SEO expertise and valuable advice on how to promote your affiliate links and boost your earnings. With the Wise affiliate program, you can be paid in 5 different currencies for promoting money transfers, Wise account and card, and Wise business. You get higher and more commissions for business referrals that convert to up to 50 Euros while for personal referrals, you get 10 Euros. So, choose from the three options. Check the Wise Affiliates Frequently Asked Questions here to learn more about their services. Conclusion As you can see, if you are working from home, you have diverse ways in which you can receive your money locally and internationally. Whether you are making money on YouTube and getting paid by AdSense or selling digital products, you have these four instant payment systems to use to get your money into your bank. I don’t want to recommend any to you since I have widely used PayPal alone but kindly check their availability in your country, their benefits, and rates to determine which one to use. Next time you are getting paid for your services, remember you have PayPal, Wise, Payoneer, and Skrill as your instant payment systems. So, what is your experience with these payment systems? PREV 18 of 18 PAGE 1

The Top 4 Free Instant Payment Systems for Your Work at Home

Why Should You Use Skrill?

1. Recognized by major brands

2. Easy to send and receive money globally

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