Before starting this post if you are still struggling to earn money from Fiverr you can read this post “Fiverr Buyer Requests” to earn handsome amount of cash daily using fiverr.
so before starting this post let’s discuss.
Fiverr Payment System :
So let’s learn little bit about Fiverr Payment System, Fiverr get’s standard 20% commission on every order so for example if you got order for 5$ fiverr will deduce 1$ from it and you will get 4$ and if you earned 1000$ from fiverr ? fiverr will deduce 200$ from it and you will get only 800$.
One more thing you will not get paid until or unless your order is marked as complete. And after order has been marked complete you will still have to wait 14 days in order to get paid. In that time you can only watch your funds waiting and rotting in pending clearance tab.
Now you have complete idea about Fiverr Payment System and process so now let’s discuss.
How Do You Get Paid On Fiverr:
In order to withdraw funds from fiverr, first of all login to your fiverr account then navigate to your username hover mouse there and drop-down will appear from there click on >> Selling then >> Revenues.
So now basically there are 4 ways to go.
- Bank Transfer
- Direct Deposit ( For US Only )
This is the way to go, it doesn’t matter in which country you live, you can get paid using Payoneer MasterCard. Payoneer makes it very easy to get paid using Fiverr. All you need to do is signup for Payoneer using link below in that way you will get 25$ bonus as well, after that for the first time you will connect payoneer with fiverr and after that it’s very simple you can get paid with single click from fiverr.
You can use Payoneer MasterCard to withdraw money from any country or any place in world, which has Bank with ATM which supports “MasterCard”. You can even withdraw in your local currency. Like i earn in dollars from fiverr but i withdraw in rupees from my local ATM.
- Minimum amount in order to get paid using Payoneer is 20$.
- Withdrawal fee is 1$ with processing time of 3 days or 3$ for processing time of few hours.
- You can learn about all the cost’s associated with using Payoneer using this link >> ” Payoneer Fees “
Cheaper and faster way to go. But Paypal is not supported in some countries like “Pakistan” that’s why i have put it on second place, but if Paypal works in your country i highly recommend you to use Paypal with Fiverr. All you need to do is simply connect Paypal with your Fiverr account and request for withdrawals.
- Minimum amount in order to get paid using Paypal is 1$.
- Fees on withdrawals is standard 2%.
- Make sure you have same Email address associated with Paypal as well as fiverr, otherwise this will not work as payoneer sends Payment to Email address which is associated with them.
Bank Transfer :
Now this option is also available in all countries in which payoneer works, this method is also associated with Payoneer, so how this works ? You will withdraw money from fiverr to payoneer and from there payoneer will transfer that money to your bank account.
- This system is also associated with Payoneer. So it’s up-to you if you use payoneer MasterCard or Bank Transfer option to with draw money.
- Minimum payout using this method is 50$.
- And there is also 3$ withdrawal fees on every transaction.
Direct Deposit ( For US Only ) :
To be honest i haven’t used this method personally as i don’t live in USA, but i will give you idea about this method. This method is also is associated with Payoneer, when you jump in for this method you have to sign up using Payoneer platform and payoneer will directly deposit those funds into your Bank Account.
- Minimum withdrawal amount is 5$.
- Standard withdrawal fees on every transaction is 1$.
- A single person cannot have Payoneer MasterCard option as well Direct Deposit options at same time.
I hope know you have better understanding about Fiverr Payment System. If you have any question please comment below.