How to cash out on upwork?
Here’s how you cash out on Upwork:
Step One: Set Up a Payment Method
Getting paid on Upwork starts by setting up a method of payment. You have several options including:
- Direct to Local Bank
- Wire Transfer
- PayPal
- Payoneer
- M-Pesa (available in Kenya only)
You can easily set one by navigating on your profile to Settings > Get Paid.
Direct to Local Bank Method
Once your payment method is in place, you’ll want to look into the specific details of your chosen method. For example, with the Direct to Local Bank method, here’s how it works:1. Go to the Get Paid section of your Upwork account
2. Click the Get Paid Now button
3. Choose the amount to withdraw Insert the amount you would like to withdraw and click on ‘Get Paid Now’.
Keep in mind that for Direct to Local Bank transfers, it typically takes about 5 business days for the funds to appear in your bank account.
Step Two: Invoice Your Client
Upon completion of the work, you’ll want to make sure you’ve properly invoiced your client and that your client has verified the work and released payment.
Invoicing Tips:
- • Ensure that you and your client have a clear understanding about the scope of work and payment terms before you begin.
- • Use Upwork’s messaging system to keep a record of all communication.
- • Invoice promptly upon completion of work.
Step Three: Withdraw Your Earnings
Finally, once you’ve invoiced your client and the funds have been released, you can withdraw your earnings. You can do this by going back to the Get Paid section of your account and clicking on Get Paid Now. Note: If you’re on a weekly billing cycle, you’ll want to wait until your payment has processed before you attempt to withdraw your funds.I hope this comprehensive guide on how to get paid on Upwork helps you. If you have other questions, don’t hesitate to ask. Happy freelancing!