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Best method for foreign clients to pay me?

Have small number, not enough to set up on-line cc pay

   
8:01 pm on Nov 5, 2006 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



I'm in Europe and I have about a dozen foreign clients - some in Europe, some in Latin America, all small. When I have them pay me by wire, my bank takes a hefty fee; same thing for a foreign check. Paypal doesn't seem like a very professional way to request payment.

Does anyone have any other ideas for a payment method?

Many thanks!

5:13 am on Nov 6, 2006 (gmt 0)

5+ Year Member



The most professional way is opening your own internet merchant account.
The second place are Western Union or Bank Wire transfer.
The third place are PayPal, MoneyBookers, 2Checkout and other well-known u.s. \ European electronic money.
And the last way are systems like E-Gold, E-bullion.

I would like to recommend you one company that accepts tens ways of the online payments - it's StraToCash(http://stratocash.com/)

Thanks.

5:28 am on Nov 6, 2006 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



Wire transfer. They pay the fees. I've been doing this for years.
7:52 am on Nov 6, 2006 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



Thanks to both of you!

Wire transfer. They pay the fees. I've been doing this for years.

Problem is, my bank charges a good bit for incoming international wires :(
8:34 am on Nov 6, 2006 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



You have two options then. Eat the cost for the wire transfers or charge them to the client. Usually, I just built it into the price so I do not have to ask them for an additional fee. Works well.
6:50 am on Nov 8, 2006 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



>The most professional way is opening your own internet merchant account.

Yes, that is the correct answer!

It will cost you between 1% and 5% of your income, hopefully closer to 1%. It is a cost of doing business in a professional way on the net.....So Do It :)

In my experience simply the phrase "We accept ALL major credit cards" encourages the buyers enough to eat (or pass on) our average 2.2% costs of accepting them!

1:12 pm on Nov 8, 2006 (gmt 0)

10+ Year Member



1. Wire Transfer - The best way to do - as Its legal and you can account it easily. You can decide who will pay the transfer fee - You or the client.

2. Paypal - You this also along with Wire transfer. Some customers may want to pay by cards. Paypal will send as Check which will take 10-20 days in some countries. There is a limit to withdraw every month.

3. Other payment gateways like 2CO.

4. Western union - Not a very legal way, you may not be able to account it. But in some countries they help business accounts.