Payment Options for Freelancers in Indonesia
Greetings my fellow Indonesian freelancers! If you have read some of previous posts, you must have agreed that the influx in amount of freelancers in Indonesia is not without a cause. As the global demand rises, freelancers across the globe gain the upper hand as the global workforce. The question, however is, how is it different from working as freelancer in Indonesia? Ideally, as you work with international clients, you must have been able to receive global payment options. Here are at least 3 payment options which are very apt for
Here are at least 3 payment options which are very apt for freelancers in Indonesia:
1. PAYPAL
As the most well-known global payment method, freelancers in Indonesia can utilize PayPal to receive payments. Easy set-up that can be done within minutes, and prompt customer service replies will certainly help you when it’s your first time receiving payments in foreign currency. In addition, if you are from Indonesia, once your balance is equivalent to Rp 1.500.000 or more, you can withdraw it to your local bank without additional withdrawal fee. With the current exchange rate, you’ll only need around US$ 115to withdraw your money. However, keep in mind that PayPal charges around 4.4% of your transfer as service fee, when payment is made in foreign currency.
2.PAYONEER
Like PayPal, Payoneer is also a website that provides online transaction and e-commerce. Founded around 11 years ago, Payoneer is certainly a newcomer compared to PayPal, which is founded in 1998. However, Payoneer has garnered interest from freelancers due to its special feature, higher exchange rate. You see, the thing with PayPal is that most people feel the exchange rate is too low, and this may causes you to lose quite considerable amount of money. With Payoneer, on the other hand, you will be able to have bigger monetary gain with the same amount of money. You can also request Payoneer debit card; free-of-charge and delivered to your doorstep. Unfortunately, you will need around US$200 in your Payoneer balance before being able to withdraw your money via Payoneer Global Bank Transfer.
3. WIRE TRANSFER
Freelancing websites such as Truelancer also provides wire transfer directly to your local bank account in Indonesia. Simple and hassle-free, wire transfer does not come without a cost. In some websites, there are limitations when it comes to local bank transfer for freelancers in Indonesia. For example, the website may not provide wire transfer to Indonesia, or if they do, you will be charged heavily. Some may charges you almost US$10, so this option is rather unprofitable.
Now that you are familiar with the payment methods, you need to find the website that will not impose additional fee when making transfer. Truelancer is one of the websites that will not charge you when transferring your fund from Truelancer wallet to PayPal and Payoneer account. Although you will be charged to a certain extent by such websites, you won’t have to lose funds, and you can easily transfer it from your Truelancer account anytime once you have meet the withdrawal minimum limit. So, what are you waiting for? Sign-up for Truelancer here, and start freelancing!
An Indonesian native, a linguist, and an enthusiastic writer. As a writer, Fawnia has written hundreds of articles that you can read in various websites. A passionate worker that would like to share the beauty of words with readers all over the globe