Thursday, May 29, 2014

One Debit Card Every Freelancer Should Have

There are ebbs and flows when you work online. One problem you may experience is withdrawing your PayPal dollars to a local bank. This is a service that is not available to many people especially in countries where local banks are not supported by PayPal. In order to get your money, you need a PayPal supported debit card like Payoneer debit card.

If you are making a living working online whether as a web designer, content writer, journalist, consultant, or data entry clerk, you need to be able to receive your funds flawlessly. This is where a Payoneer debit card comes in handy. Years back, many people could not be able to work online because there was no way out to cash in their dollars.

PalPay Supported Debit Card
However, as financial institutions try to align themselves with the global demands for transacting payments in an easier manner, one company has really helped people realize their dreams in working online. If you have not obtained a debit card that you can use in your country to get cash from an ATM machine, then this is a card you should be eyeing for.

It is issued free of charge and when approved, you will be able to withdraw cash from an ATM machine that has a MasterCard sign. Since you are issued with a virtual checking account, it ensures that your money is safe in bank that you will be provided with. In addition, you will be able to access your account details online, and see how you have transacted.

Whenever you withdraw payments from your PayPal account to the Payoneer debit card, it takes about 3 to 4 business days and your money will be in your account. An email will be sent to you confirming that your account has been loaded with certain amount of dollars. You can immediately go to any local bank that supports MasterCard withdrawals to withdraw your cash from its ATM machine. 

Remember that it has to be a bank that supports MasterCard withdraws and there are of course many in your country. After you have withdrawn the amount you want, you can now proceed and bank it in your local bank account. One thing to note is that you cannot use the card over the counter and it only works in ATM machines. This happens the same way you could withdraw money from an ATM as a tourist in foreign country.

Withdrawing PayPal funds made easier than ever
One of the best ways to get payments is through PayPal online money transfer processor. However, not many countries are supported by PayPal in terms of withdrawing payments in their local banks. Many freelancers have to struggle getting their hard-earned money because of this limitation. However, things are getting better as many financial institutions realize the benefits of globalization and reaching out to the global market.

 
If you are working in one of the freelance sites like oDesk, freelancer, elance, peopleperhour, or content writing sites like Zery’s, scripted.com, myams, iwriter.com, among many others, or even a blogger, then you do not have to struggle anymore. Consider applying for your debit card today and soon you will be able to withdraw your cash from a local bank in your country.

The application process
The application process is straightforward, and you only have to provide a few details, which you obviously have. Some debit card issuers request for information that many people never have such as copy of bank statements or utility bills like electricity with their postal or street addresses. Surely, not many people have their own premises where they pay for utility bills.

Besides, some people may only be freshers in online work, and they do not have bank accounts that have been active for over three or six months. Asking such people to provide scanned copies of bank statements or electricity bills is actually killing their hopes. However, with Payoneer, it offers an easy application process. It will take a couple of weeks when you have applied to be approved.

Once you are approved, you will be send further details on how to proceed. Your card is send to you through the postal address you provide. Remember that you will need to fill in the form correctly in terms of addresses. There is a section where you will be required to enter your street address. In this section, do not provide your postal address.

There is a section dedicated for postal address that you will be required to fill in. Ensure you fill the form correctly to avoid delaying your approval. Whenever asked to make changes by the authorities please make the changes and resend the application. This will help speed up the application process so that you are issued with the debit card as soon as possible. 


Apply here and get $25 after withdrawing the first $100