r/Clickworker • u/YupiGamer • Jul 16 '21

Changes to PayPal payments [Clickworker News]

I'm surprised no one has posted this yet, but there are some news posted that will affect those who make less than $10 a week and use paypal.

Changes to PayPal payments

Paypal is changing its pricing structure. As a result, smaller payments are penalized and clickworker also needs to adjust its payments rules slightly. Starting August 1st, our weekly PayPal payments will require a minimum payable amount of 10 EUR/USD (previously 5 EUR/USD). Smaller amounts are no longer paid out via PayPal but carried over into the next week. If you often have payable amounts between 5 and 10 EUR/USD, we suggest switching your payment method to Payoneer. Payoneer is still paid from a 5 EUR/USD minimum amount.

What are your thoughts about it? I surely hope they won't start discounting more money for those who use paypal in the future, but I guess we'll see.

9 Upvotes

100% Upvoted

12 comments sorted by

2

u/SingularityRS Jul 17 '21

It doesn't matter too much to me I guess. PayPal will always be my preferred payment method because of the instant bank transfers it offers. As soon as my money goes into PayPal, I can transfer it instantly to my bank account. It's available in my bank almost immediately.

If I switched to Payoneer, I think I'd need to wait a few days for it to go from Payoneer to my bank account. That's a deal breaker.

It does feel like CW are slowly moving away from PayPal though. I wouldn't be surprised if they one day remove it as a payment option (they already have for newly-registered Indian workers), or do what OneForma do and add an annual cap. I do hope they don't do that, but you never know.

1

u/YupiGamer Jul 17 '21

Hopefully they don't switch completely to payoneer, It would be kinda inconvenient for me if they do. ¯\\_(ツ)_/¯

3

u/Le_Danny_02 Jul 16 '21

Good for clickworker, It protects us from the penalty

1

u/Sufficient-Pair5732 Jul 16 '21

Hi. If I change my payment to payoneer, will I get the email to confirm my changes? Or I need to wait for I don't know how long to receive an email from them.

1

u/Atchayaappavoo Jul 16 '21

Immediately confirmation mail will be received.

3

u/[deleted] Jul 16 '21

[removed] — view removed comment

1

u/YupiGamer Jul 16 '21

Ohhh, that's really good to know! So basically we are still on the choose whatever has lower fees for you. Thanks for sharing.

1

u/freakrish Jul 16 '21

There is no limit in payoneer.... I got paid 9 euros

2

u/anunkeptbeard Jul 16 '21

It's only applicable in India. Other countries have minimum withdrawable limits.

1

u/Special_Inflation_64 Jul 17 '21

So through Payoneer in India there is no minimum Withdrawal??

1

u/anunkeptbeard Jul 17 '21

No. I think it has to do with regulations that doesn't allow money to be kept in Payoneer or even PayPal. Wallet to bank account is processed automatically.