Flexible Worldwide Withdrawal Methods Needed For Sellers

kennchronic Level 1

July 15, 2016, 6:07 am

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Flexible Worldwide Withdrawal Methods Needed For Sellers

seocheckout as well as other clerks sites are worldwide marketplace and there are sellers and buyers from various countries. It is very easy for sellers to offer their services on the platforms but one problem that I and many others face is the withdrawal options available.

Currently, there are three withdrawal options; Paypal, Payoneer and Payza. Payza is almost disabled all the time while Payoneer ID is not readily available and requires approval.

Among the three, PayPal is the most stable. As I said earlier, Seocheckout is a worldwide marketplace meanwhile, Paypal
is only supported in some countries. This makes withdrawing funds became problem for residents in PayPal's blacklisted countries. Sometime ago, I posted how to withdraw funds from unsupported countries through online currency exchangers with some recommended once that I personally use. Now, PayPal policies have been so tight that currency exchangers are not accepting PayPal anymore.

Wouldn't it be a good thing to add payment methods that can be used worldwide, Payoneer is available but what if a user is not approved or cannot get their MasterCard delivered (as in my situation. I got approved but did not receive the Card twice)

Suggestions will be appreciated.
Thanks.

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Everett

Everett

You're right this does create issues having only three withdrawal methods, and one that is disabled most of the time. However, you never suggested any payment processors that the marketplace could add. I think what would need to be done is, detect the countries that don't have payment processing, and/or activate Payza.

The issue with Payza is, is that they are constantly in battles with United States banking companies. Another thing is, US account holders get their funds locked which is hard to get unlocked. Basically, Payza is locking accounts and making it impossible to receive funds, or withdraw those locked funds.

8 years ago

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Lynne

Lynne

Oh I wasn't aware that Paypal wasn't supported worldwide. There should certainly be easy payments options for all countries!

8 years ago

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ajlancer

ajlancer

Yah Lynned it is true. Pyapal does not support all countries even our country also not supported paypal. So, really it is difficult to received money more convenient ways and through payoneer also take too time to received money. And I should agree with kennchronic there should be alternative option to receive money. And we know only 3 payment gateway available to seller withdraw money and Payza almost disable. so, only 2 way active now and paypal may most one. But, I should expect as seller, there need to more option add to receiving money. And I am sure Jordan very aware about this matter.

Regards by Ajlancer

8 years ago

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Lynne

Lynne

My country (South Africa) is often quite behind the times so I guess when I found out I could cash out to Paypal that every country was probably supported.

I hope more options become available soon and make it easier for you.

I find Paypal so easy and convenient, so it really is a pity they are not supported worldwide.

8 years ago

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Everett

Everett

You can find a list of countries and regions that Paypal supports here:

https://developer.paypal.com/docs/classic/api/country_codes/

The list is quite extensive.

8 years ago

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EliteWriter

EliteWriter

This is probably one of the main problems we face as people who work or sell online. Withdrawal options are quite limited and what worries me the most is the fact that apart from the lack of possible options, there is also the issue of fees, which in view of lack of supply of such services, tend to be quite high in my opinion. Moreover, there are a number of limitations and restrictions and this really troubles me, especially when you are not sure about something and no matter how hard you try to find an answer the support provided is minimal or not well explained.

8 years ago

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Everett

Everett

I believe the only fees I have are personal income taxes, and the marketplace fees. I don't have any fees with Paypal or any other type of payment system. I use Paypal so often that every time I call them they basically know who I am.. lol

As more people start earning an online income I'm sure people will get frustrated with fees. So I'm hoping payment processors that do apply fees will lower the fee. Sites such as GoFundMe only take a minimal of 5% fee, that's insane.

Also, since I am based in the United States, my fees will be different from those that live elsewhere, and I seem to have an advantage.

8 years ago

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EliteWriter

EliteWriter

I need to pay a withdrawal fee whenever I withdraw money from PayPal to my card. It is minimal but it is there, and for those who withdraw often it will obviously add up. And sometimes when payments are issued and sent to me via PayPal there is a considerable deduction as a fee, which as far as I know the payer decides whether to take onto himself, or else make the payee pay for it by being deducted from the original amount. This is quite frustrating. I am not sure what percentage is deducted but it is quite high.

8 years ago

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Lynne

Lynne

Yes I've noticed that sometimes there are deductions when money is paid via Paypal. I also pay an amount when I withdraw from Paypal into my bank account but it is such a small amount. I suppose you are right though that it seems small but the more transactions I get it will certainly be adding up.

8 years ago

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RetardedHaT

RetardedHaT

Paypal is every country except turkey, isn't it?

8 years ago

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ajlancer

ajlancer

Hi kennchronic thanks for your excellent question and I completely agree with you. Yes over 202 countries accepted by PayPal to transition and still my country also do not support PayPal. So, it is very difficult to receive money from our country and Payza almost disabled, which you try to pointed and Payoneer, it is need time to receive money and sometimes 5 to 10 days require. And I think it is time to add another more convenient payment gateway. And I think skrill or netlar or perfect money may good one. Besides, if possible to withdraw money from local bank, that should be great.

Regards by Ajlancer

8 years ago

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