Thread: Best way to transfer money

Since I am doing online jobs, I am looking for the best way to transfer money without having to spend so much on fees. Which is better PayPal or Wire Transfer?

I will say Wire Transfer or direct deposit this is the best way. Paypal is not bad, but then you need to transfer that money from your PP account to your bank account.

Originally Posted by seogirl10

Since I am doing online jobs, I am looking for the best way to transfer money without having to spend so much on fees. Which is better PayPal or Wire Transfer?

It really depends on your situation. If your transaction is within your country, internet bank transfer is possible if not over the counter bank transfer. The advantage of bank transfer is you can minimize paying large fees. Paypal fees can be huge if you have a big transaction.

Wire Transfer is not good for me. I need to spend $30 for fees, while PayPal will be free of charge if the money that I will transfer to my bank is not less than $180.

Originally Posted by seogirl10

Wire Transfer is not good for me. I need to spend $30 for fees, while PayPal will be free of charge if the money that I will transfer to my bank is not less than $180.

Then, you have answered your question by yourself :-)

I am doing online jobs too and I’d tell you a lot of people use paypal.

PayPal is very hard stringent as yet, paypal now verify for bank local country

Hello lads,

I use exchangezonedotcom. There is no affiliate, so you cannot earn, but there are lots and lots of people exchanging money between PayPal, AlertPay, WebMoney etc to MoneyGramm, Western Union, etc. back and forward and you can find offers with no fees or put your own offer with zero or some profit. Well, I admire it.

Yes, I agree this is a smart way of exchanging money from your bank account to web created account or vise versa. A great way of keeping your credit card information private.

For countries besides the United States, PayPal generally charges lesser for withdrawal of your PayPal funds to your local bank account in comparison to withdrawal to credit or debit cards.

We have been using PayPal for our money treansfers since 1999 and have never had one problem with their service.

If sending money it's always cheaper to use paypal. When receiving money it depends on the amount. My bank charges $10 to receive a wire. Since paypal charges 2%-3% I figure if the amount received is $400-$500 or more it's cheaper in fees to get a wire transfer because the fee is fixed. I've used both methods for years.

I think paypal is best choose for make money online jobs

Paypal works fine for me and it's the widely used money processor for most people doing online job. But it seems like you already answered your own question in your previous reply.

Unfortunately the only choice at the moment is PayPal for instant payments online. Western Union is a good alternative however (if your country supports it).

you can use Alertpay , it doesn't have any fees

Lets say I'm receiving money in the thousands on a weekly basis due to the nature of my business...I also offer complimentary gifts to my customers.

So in one week, I would receive 500 transactions (currently setup to go to my paypal account)...at the end of the week, I take a percentage and hand it over to some more important clients as a "refund" to show we love them as customers.

Anyone know of a good payment processor for things like this? My organization isn't dealing with a couple hundred dollars a week, or month. We're dealing with a couple thousand every week. Anyone have suggestions as to another payment processor, for online transactions, that would be cheaper...to receive client payments, to send payments to clients, and to withdraw money on a monthly basis, typically through wire transfer?

Any help on this is greatly appreciated, and I thank you for your time.

I use Paypal because its safe for me. It allows me to easily dispute any issues that i may have so I can obtain a refund if someone tries to play me.

Sometimes I use Western Union for amounts over $200. Their fee is $10 So and you get money within few hours so it's pretty good.

Paypal .com