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Withdrawing money from Fiverr can be a daunting process, especially if you are new to the platform. To help you out, this article will discuss the best ways to withdraw money from Fiverr.
What Is The Best Way To Withdraw Money From Fiverr?
The best way to withdraw money from Fiverr is to use the Direct Payment system. With this system, you can set your own withdrawal schedule and receive payments directly to your bank account or PayPal account. This system is generally the fastest and most secure way to receive payment.
Different ways to withdraw money from Fiverr
1. Using Bank Transfer
To Link your bank account with Fiverr, you will need to follow these steps:
- Log into your Fiverr account and click on your profile photo in the top right corner of the page.
- Click “Settings” from the drop-down menu.
- Select “Payment” from the left column.
- Click on the “Add New Payment Method” button.
- Select your country from the drop-down menu and click “Continue”.
- Select “Link Your Bank Account” from the options.
- Enter the required bank details and follow the on-screen instructions to complete the process.
Benefits of using bank transfer to withdraw money from Fiverr
1. Convenience: One of the main benefits of using bank transfer to withdraw money from Fiverr is the convenience it offers. It is a fast, secure, and reliable way to withdraw money from Fiverr without worrying about potential fraud or other risks.
2. Security: When making payments through bank transfers, your funds are securely transferred from one account to another. This eliminates any potential for fraud or identity theft and ensures that your money is safely transferred.
3. Low Fees: Bank transfers are also one of the most cost-effective ways to withdraw money from Fiverr. Most banks offer low transaction fees, so you can withdraw your money without breaking the bank.
4. Fast Processing: Bank transfers are processed quickly, so you can receive your funds within a few days.
2. Using PayPal
To Link your Paypal Account with Fiverr, you will need to follow these steps:
- Login to your Fiverr account and go to the “Settings” tab.
- Select the “Payments” tab.
- At the bottom of the page, select the “Connect with PayPal” button.
- You will be redirected to the PayPal login page.
- Enter your PayPal email and password.
- Select the “Log In” button.
- You will see a confirmation page. Select the “Agree & Continue” button.
- You will now see a confirmation page informing you that your PayPal account has been successfully linked to Fiverr. Select “Done”.
Benefits of using Paypal to withdraw money from Fiverr
1. Convenience: Paypal is one of the most convenient methods of withdrawing money from Fiverr. It’s easy to set up and you can instantly access your money.
2. Security: Paypal is a secure way to receive payments from Fiverr. It provides an added layer of security to ensure the safety of your funds.
3. Low Fees: Paypal generally charges lower fees for withdrawals than other methods, making it a cost-effective option.
4. Wide Acceptance: Paypal is widely accepted as a payment method and is a trusted payment processor. This makes it easier for your clients to use.
5. Quick Transfer: Funds can be transferred from Fiverr to Paypal almost instantly, making it an ideal option if you need to access your earnings quickly.
3. Using Payoneer
To Link your Payoneer Account with Fiverr, you will need to follow these steps:
- Log in to your Fiverr account.
- Click on the Settings icon from the top right corner.
- Click on the Payoneer option.
- Enter the details of your Payoneer account including your Payoneer ID.
- Click on ‘Connect to Payoneer’.
- You’ll receive an email from Payoneer asking you to verify the account.
- Click on the link provided in the email.
- Enter the security code sent to your email.
- Log in to your Payoneer account.
- Follow the instructions to verify your account.
- Once the account is verified, go back to Fiverr.
- You’ll now see a message that your account is successfully linked with Payoneer.
- You can now start receiving payments through Payoneer.
Benefits of using Payoneer to withdraw money from Fiverr
1. Low Fees: Payoneer charges a low fee for Fiverr withdrawals, making it a cost-effective way to get your money.
2. Quick Processing: Payoneer processes payments quickly, usually within one to two business days.
3. Global Access: With Payoneer, you can access your funds from anywhere in the world.
4. Multiple Payment Options: You can choose to receive payments via bank transfer, direct deposit, or even debit cards.
5. Security: Payoneer is a trusted third-party payment processor and ensures the security of your payments.
4. Fiverr Revenue Card
To Withdraw Money From Fiverr Using A Fiverr Revenue Card, you will need to:
- Log into the Fiverr app or website and head to “Earnings”.
- Select the Fiverr Revenue Card option.
- Click on the “Withdrawal” tab.
- Enter the amount you wish to withdraw.
- Select your preferred payment method (bank transfer, PayPal, etc.)
- Enter the relevant details, such as your bank account details or PayPal address.
- Confirm the withdrawal.
- The withdrawal will be processed within 24 hours.
Benefits of using a Fiverr Revenue card to withdraw money from Fiverr
1. Instant Withdrawals: The Fiverr Revenue Card allows you to instantly withdraw funds from your Fiverr account, giving you access to your money as soon as it is available.
2. Added Security: With Fiverr Revenue Card, you get added security for your money as it is FDIC insured.
3. Easy Accessibility: The Fiverr Revenue Card can be used in over 200 countries, making it one of the most accessible ways to withdraw money from Fiverr.
5. Conversion Benefits: Funds withdrawn using the Fiverr Revenue Card are converted to your local currency with no exchange rate fee.
Benefits of using Fiverr for freelancers
1. Flexibility: The greatest benefit of using Fiverr is the flexibility it gives freelancers. Many freelancers can choose their own hours, set their own rates, and take on projects that fit into their own skill set.
2. Reach: Fiverr is a global marketplace, so freelancers can reach clients from all over the world. This opens up a variety of opportunities and potential projects for freelancers.
3. Variety of Projects: Fiverr has a wide variety of projects available for freelancers. This includes everything from graphic design and web development to writing and online marketing.
4. Support: Fiverr also provides support and tools to help freelancers succeed, such as feedback tools and educational resources.
5. Easy to Use: Fiverr is extremely easy to use and navigate. The platform is organized and user-friendly, making it simple for freelancers to find work.
minimum amount to withdraw from Fiverr
The minimum amount you can withdraw from Fiverr is $1.
How do I withdraw money from Fiverr before clearance?
Unfortunately, you cannot withdraw money from Fiverr before the clearance. Once you complete a job for a client and the client approves it, the money will be held in your Fiverr balance until the designated clearance period has passed. This period is usually 14 days. Once the clearance period has passed, you can withdraw or use the money from your Fiverr balance.
Conclusion: What Is The Best Way To Withdraw Money From Fiverr?
Overall, the best way to withdraw money from Fiverr is to use their approved payment methods, such as PayPal and Bank Transfer. This ensures that you will get your funds quickly and securely, without any delays. Plus, it is important to keep records of your earnings and withdrawals on Fiverr so that you can track your progress and make sure everything is going smoothly.