I do work for a variety of large and small companies, as well as with individuals. The companies usually use wire transfers. However individuals typically prefer PayPal. I have one client who prefers to pay with personal checks (he's local).
For international work, I receive wire transfers and usually ask that the sender cover the transfer fees. I make sure to include my bank info (routing number, account number, bank name and address, etc.) on my invoices.
For domestic work, I usually take checks from large clients or PayPal from individuals and small companies. I've never actually had a domestic client that preferred wire transfers.
From that other thread, it looked like some people were embracing Bitcoin. But in my research trying to find what the average fee is, it looks like it would be a pain in the ass to use. Has anyone used Bitcoin to get payments, and liked it?
I never really understood how paypal works with those but I noticed once I lost some money on the transfer fees and so I now refuse to use it.
Usually always wire transfer if possible.
For local companies they usually wants to pay in check,
I actually got a check from the US now but I feel like my bank will probably charge me some fees to cash down an american check so I will try to stick up with the wire transfert
Since working for Marmoset, i've been paid by personal courier, which is interesting since they're based in the mid-west USA and i'm in the UK.
a pony express messenger showing up at your doorstep - with some cherokee arrows still stuck in his hat?
anyway, wire transfer within the EU. paypal would be doable if transaction and currency conversion were factored in. any way to see these in advance before requesting a payment?
I even prefer wire transfers domestically as they're instant (within the EU) and insanely trackable. wire transfers from the US to UK usually take a couple of days to go through but i believe that's actually an issue of the US bank rather than wire transfers themselves, i'd rather take the time for that, than go through paypal however.
I'm looking into payment methods because I just had some trouble trying to sign up a new client for a small job. It's mentoring, per hour. I've done this before without much trouble.
We were trying to do a small initial payment, but the wire transfer fee would nearly double the first payment, so that's out. Then their EU bank refused to connect to Paypal. So now we're looking for alternatives.
Payments in excess of 1k are usually wire, less than are usually Paypal. If it is an ongoing and very steady/stable client we set up ACH payment (US clients only). Exceedingly rarely... people send me checks!
Also I technically can take Credit Cards, but I havent actually had anyone request that in over a decade. No joke.
We were trying to do a small initial payment, but the wire transfer fee would nearly double the first payment, so that's out. Then their EU bank refused to connect to Paypal. So now we're looking for alternatives.
Gumroad?
Whereby the item for sale is a token certificate stating buyer is hiring you for x amount of mentoring time.
If they don't have credit card, bitcoin could work if you both have wallets set up. Check exchange rate versus your preferred currency.
PayPal for most clients. Most of my clients are medium/small and PayPal keeps it consistent for me. I would rather take the hit on fees than wait for a check to hopefully show up at a decent time. I do have one client who continues to pay me by check but they are good about it
Larger clients that I've had do wire transfers. With larger clients, I tend to just go with what they prefer.
These days I do as many payments out as payments in, between receiving funds from sales and paying contractors. Wire is usually the most straightforward, but not always.
Replies
Since working for Marmoset, i've been paid by personal courier, which is interesting since they're based in the mid-west USA and i'm in the UK.
For domestic work, I usually take checks from large clients or PayPal from individuals and small companies. I've never actually had a domestic client that preferred wire transfers.
Local = wire. (wire/bank transfer is really easy to do in Japan)
From that other thread, it looked like some people were embracing Bitcoin. But in my research trying to find what the average fee is, it looks like it would be a pain in the ass to use. Has anyone used Bitcoin to get payments, and liked it?
Usually always wire transfer if possible.
For local companies they usually wants to pay in check,
I actually got a check from the US now but I feel like my bank will probably charge me some fees to cash down an american check so I will try to stick up with the wire transfert
a pony express messenger showing up at your doorstep - with some cherokee arrows still stuck in his hat?
anyway, wire transfer within the EU. paypal would be doable if transaction and currency conversion were factored in. any way to see these in advance before requesting a payment?
Yeah, I found this recently. I made it the Paypal link on the wiki too.
http://paypalfeecalculator.paymentprocessing.cc/
We were trying to do a small initial payment, but the wire transfer fee would nearly double the first payment, so that's out. Then their EU bank refused to connect to Paypal. So now we're looking for alternatives.
Also I technically can take Credit Cards, but I havent actually had anyone request that in over a decade. No joke.
Gumroad?
Whereby the item for sale is a token certificate stating buyer is hiring you for x amount of mentoring time.
If they don't have credit card, bitcoin could work if you both have wallets set up. Check exchange rate versus your preferred currency.
Can EU citizen freelance for US company without visa? For example via odesk?
from the EU, yes
from the states, no
no idea what odesk is but a lot of my clients as a freelancer have been US companies and now as our own studio it remains the same
we wire everything, always. sometimes we worked with check but thats really really rare
Larger clients that I've had do wire transfers. With larger clients, I tend to just go with what they prefer.