If you work on upwork, how can you get paid more from your Upwork JObs, without charging your clents MOre?
Upwork is a Job platform for use with freelancers, however upwork charges the freelancers a large amount to use there Platform, normally they take 1 in every $5 dollars that workers make, on top of this they also charge fees to the person who hired these people. Lets see how we can save money on the jobs you get from upwork.
An Alternative Way to Get paid from your work from upwork, without paying any commisions is opening a Free PayPal account
Ok, but how do you signup for Paypal in India if you do not have a Paypal Account Yet?
Set up a PayPal acct thru PayPal with your personal email account to which you want the transactions from work you have done, where you are owed payment to originate from, you can also use this email later on to buy things online , and paypal will even send you a Visa or Mastercard Debit card to make in person purchases and withdraw cash from banks or ATMS.
Types of acctounts you will need to choose from keep in mind you can have up tto 2 different paypal accounts which is one personal and one business paypal account, but they must have two seperate emails addresses and different banking details. Ok what are the paypal account options in india? they are
3. Business acct
Personal: for personal transactions
Premium: To uplift the amount of transaction made in personal account
Business: Has functionalities like premium acct except for the fact it is in the name of your BUSINESS
How do you Qualify to open a Paypal account in India? what do you need in order to open a PayPal account in India?
You will need to add a bank account in PayPal to verify your account also if you want to receive payments from anyone , (including work you find on platforms like WorkNhire, or UPwork, Fiverr and so fourth )then after adding a bank account and receiving a payment the money will be within 1 or 2 days your money will be transferred by PayPal to your bank account.
If you do not have a bank account, you still you can open a PayPal account but your PayPal account will be treated as unverified PayPal account until you don't add bank details on it. Unverified PayPal accounts have certain limitation in sending and receiving money.
To open PayPal account you need a PAN Card and a working email Id.
Working Smarter, is definitley using PayPal to accept Payments, why? because PayPal is easy to use, and almost everyone in America uses PayPal, a Paypal accunt will make it so, you can charge almost anyone in america (the wealthiest country) for any services or Items you sell, and receive payment safely in 1 or 2 business days
What are the Costs for People in India to Accept Paymenst with PayPal?
Amt for transactions:(for Indians):
For Rs.7000 and more it is FREE
For less than Rs.7000/- it takes a low cost of just Rs.50/-
You will need the IFSC code of your bank for the transaction
(The Indian Financial System Code (IFSC) is an alpha-numeric code designed to uniquely identify bank branches in India. This is an 11 -digit code with the first four characters representing the bank code, the next character is a control character, and the last 6 characters identify the branch. The Reserve Bank of India publishes the IFSC and MICR codes.)
What if you do not have a Bank Account or a Pan Card?
A bank account is needed if you dont have a bank account then you can’t use PayPal, so you will need to open a new bank account. OR you can use your father, mother or husbands PAN card.
What If you do not have a Pan card:- Then immediately apply for PAN card and you can get the Pan Card in 1 month or you can use a Family Members or Spouses PAN card but PayPal ask the bank details of the same person as PAN card.
Opening a PayPal account is FREE and all you need is an email adresss which will be your PayPal account login ID.
There is no need of any type of debit or credit card to open PayPal account. You can add debit card or credit later after opening account, if you want to buy something online. But it's not necessary if you only want to receive money that you have earned online.
PayPal is extremly secure so do not worry about your money getting stolen. PayPal provides security through SSL (Secure socket layer). Your details transferred over internet in encrypted form. It is almost impossible for hacker to hack your account.
You need to remember your Email Id through which you are going to create PayPal account and Password.
Don't share your password with anyone and dont forget what email you used to open the account.
Keep in mind , there are Transaction Costs when you receive money via paypal and only certain supporting banks in India
When you receive a payment it incurs a processing fee as a transfer fee (to PayPal):
PayPal Fee Table:
For receiving transfers under $3000 USD: the fee is 2.9% + $0.30 USD.
For receiving transfers $3000.01 to $10,000: the fee is 2.5% + $0.30 USD.
For receiving transfers $10,000.01 to $100,000: the fee is 2.2% + $0.30 USD.
Receiving transfers over $100,000: PayPal charges 1.9% + $0.30 USD.
Apart from this there is a small currency conversion fee.
The e-transfer facility from PayPal India is available to anyone having an account in HDFC Bank, ICICI Bank, ING VYSYA Bank, Axis Bank (formerly UTI Bank), Standard Chartered Bank, State Bank Of India, Bank Of India, Canara Bank, Union Bank of India, HSBC and Citibank India