How will I accept my payment from foreign client?

Discussion in 'Payment Processing' started by sherone, Apr 13, 2009.

  1. #1
    I have done some work for a foreign client. Now the problem how will I accept his payment? I'm confused he refused to send money direct to my bank account.

    Please suggest how can I set a Pay pal account?
    is there any charges for that? or free?
    What is this escrow account?

    Guys pleas please help me.

    Thx
     
    sherone, Apr 13, 2009 IP
  2. Digital_shubhi

    Digital_shubhi Illustrious Member

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    #2
    Paypal is FREE !!

    You can simply go to their website and register for an account ! :)

    You will need to have a cc or bank account to verify your account !!

    After that you can easily accept any payment ! :)
     
    Digital_shubhi, Apr 13, 2009 IP
  3. dc0ded

    dc0ded Well-Known Member

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    #3
    Use Western Union money transfer or Money Gram if you can't accept paypal..
    If the payments are below $100, you can open a paypal account and accept the money without verifying your account. For more help refer Paypal's FAQs.
     
    dc0ded, Apr 13, 2009 IP
  4. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

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    #4
    You can set up a paypal account absolutely free but if you open it as premier/business account then paypal deduct fees for each transaction otherwise for personal account there is no any fee though you can accept only few cc funded payment (5 approx.) in your personal account. Check more details at their site itself.

    DON.
     
    deluxdon, Apr 13, 2009 IP
  5. RightMan

    RightMan Notable Member

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    #5
    If it is a one-off transaction and the amount is less than $ 500, you may open a personal account and have the amount deposited for you to withdraw.

    If the amount however is greater but under $ 2500, then you will need credit card to verify your personal account...so that you can withdraw full amount at one go.

    Regards,

    RightMan
     
    RightMan, Apr 13, 2009 IP
  6. IRCCo Jeff

    IRCCo Jeff Peon

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    #6
    Foreign customers? We do a LOT of foreign business with Liberty Reserve and WebMoney.
     
    IRCCo Jeff, Apr 13, 2009 IP
  7. lifeplayer

    lifeplayer Notable Member

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    #7
    It is better to use paypal. If you open a personal account, it is FOC. However, premium or busines account will have some charging fee during money received.
     
    lifeplayer, Apr 13, 2009 IP
    Digital_shubhi likes this.
  8. mentos

    mentos Prominent Member

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    #8
    Is you dealing with virtual item?
    If no then you can safely use PP.
    Open ac is free but accept payment need to pay some fee.
     
    mentos, Apr 14, 2009 IP
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  9. broadband

    broadband Peon

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    #9
    PP, but Not all bank CC allowed. My advice.. use VISA CC for verify Ur PP
     
    broadband, Apr 14, 2009 IP
  10. b0mb34man

    b0mb34man Peon

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    #10
    Use a payment processor like PP (since it is accepted almost everywhere).
     
    b0mb34man, Apr 14, 2009 IP
  11. gr8liverpoolfan

    gr8liverpoolfan Notable Member

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    #11
    Ask him what way he wants to send his money.

    PayPal, Moneybookers, LR, Alertpay- depending on the processor convenient to both of you, open an account there and accept the payment.
     
    gr8liverpoolfan, Apr 15, 2009 IP
  12. morwanneg

    morwanneg Peon

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    #12
    The best way to accept payment from your foreign client is through Paypal. Paypal is free but you have to be verified to withdraw your earnings.
     
    morwanneg, Apr 15, 2009 IP
  13. merlinseo

    merlinseo Well-Known Member

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    #13
    Provided my answers in blue
     
    merlinseo, Apr 15, 2009 IP
  14. dipal76

    dipal76 Well-Known Member

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    #14
    Paypal is the best way for online money transaction in the world.
    It is very easy to open PAYPAL account.
    I used paypal account since last two years which is safe and secure for me.
     
    dipal76, Apr 15, 2009 IP
  15. seodilip

    seodilip Active Member

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    #15
    just open a free Paypal account by filling your correct information (if you want, verify it using a valid credit card number) give your paypal id (ur paypal login email id) to your client to receive the payment. Once you received the payment you can withdraw that to your bank account from paypal.
     
    seodilip, Apr 15, 2009 IP
  16. william.jack38

    william.jack38 Banned

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    #16
    Its so much easy to set a Free Paypal Account. Go to its main site, and get registered. You can then accept payment from any client.
     
    william.jack38, Apr 16, 2009 IP
  17. tycoon.vg

    tycoon.vg Peon

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    #17
    I recommend moneybookers. They are cheaper than paypal.
     
    tycoon.vg, Apr 16, 2009 IP
  18. BradChesney79

    BradChesney79 Greenhorn

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    #18
    However, do be very careful with your account.

    In the agreement you agree to their terms. If you violate or are even suspected of violating their terms, then you could be subject to account closure-- which can be very upsetting if you have not moved funds from your paypal to some other more conventional account.

    This link has some good and relevant information.
    http://www.sitepoint.com/forums/ecommerce-5/paypal-closed-my-account-after-10-years-wonderful-service-686030.html

    Or just Google "paypal closed my account".

    Paypal is fine, I have one and am happy with it. I just am intelligent about using it, and advise you to be the same. If I know I have money coming in, I keep an eye out for the e-mail they will invariably send me. Then I claim my funds shortly after the e-mail arrives. It is not so bad to have your account closed with $0 in it, so just make sure your paypal has $0 in it as much as possible...

    If I had more payments coming through, I might attempt to claim my funds once or twice a day regardless of emails.

    Take care,
    -Brad Chesney
    http://rustbeltrebellion.com/
     
    BradChesney79, Mar 31, 2011 IP