What payment services upwork uses?
Payment Services Used by Upwork
Upwork offers multiple methods of payment to ensure both freelancers and clients have the flexibility to choose the most convenient for them. Below is a list of predominant payment services provided by Upwork:
1. Direct to Local Bank
This option allows freelancers to transfer their earnings directly to their local bank account. Required details generally involve bank account number and routing number.
2. ACH Direct Deposit
Only available for freelancers within the United States, this service enables direct deposit of earnings into a U.S. checking or savings account.
3. Wire Transfer
This service is commonly used by freelancers located internationally. This service incurs a fee but is very reliable.
4. Upwork’s e-wallet – Payoneer
Upwork’s strategic partnership with Payoneer allows freelancers to withdraw their funds to their Payoneer e-wallet account.
5. PayPal
PayPal is a widely popular online payment system which is accepted in almost every country. Freelancers can have their earnings sent directly to their secure PayPal accounts.
Please note:
Before choosing a payment method, consider the fees charged by each service as they can vary. Be sure to research your local tax laws to stay compliant with your country’s regulations.