Welcome to this comparison of Fiverr and Upwork payment methods for Nigerian freelancers. If you dey reason how to make your freelance hustle more profitable, you don land for the right place. We go dive into how both platforms dey handle payment, which one dey easier for us wey dey Nigeria, and how you fit maximize your earnings.
Understanding Fiverr and Upwork
Before we go into payment matter, make we first understand wetin Fiverr and Upwork be. Fiverr na platform wey allow freelancers showcase their skills and sell services starting from $5. You fit find anything from graphic design to writing, programming, and more. On the other hand, Upwork dey cater for bigger projects and clients wey fit hire freelancers for long-term contracts or one-off jobs.
Payment Methods on Fiverr
Fiverr dey use PayPal as their primary payment method, but as you sabi, PayPal no dey work for Nigeria. So wetin you go do? No worry, I get your back. Fiverr fit pay you through Payoneer, wey be one of the best options for wey dey Nigeria. Here be how to set am up:
- Create a Fiverr account: If you never get account, just go Fiverr website and register.
- Connect Payoneer: After you don finish your profile, go your payment settings and select Payoneer as your payment method.
- Verify your Payoneer account: Make sure say you complete all the necessary verification, including your NIN.
- Withdraw your funds: Once you don earn money on Fiverr, you fit withdraw through Payoneer and transfer am to your bank account.
Payment Methods on Upwork
For Upwork, dem get different payment options. E fit be direct bank transfer, Payoneer, or even Wise. Since PayPal no dey work for Nigeria, we go focus on Payoneer and Wise. Here be how you fit set Upwork up with these payment methods:
- Create your Upwork profile: Make sure say you complete your profile well-well to attract clients.
- Choose a payment method: Go your settings and select either Payoneer or Wise. If you dey use Payoneer, make sure say you don verify your NIN for dem.
- Link your bank account: If you dey use Wise, make sure say you link your local bank account to your Wise account.
- Start working: Once you don get projects, you fit receive payments through your selected method.
Comparing Withdrawal Times
Withdrawal time fit affect how you dey manage your finances as a freelancer. For Fiverr, e dey take about 14 days after you don complete your order before you fit withdraw your money. This na to allow for any possible disputes. But for Upwork, if you dey use Payoneer, e fit take around 2-5 days, while Wise dey very fast, sometimes you fit see your money in less than a day.
Actionable Tip: If you fit manage your cash flow, consider taking smaller projects on Upwork to maximize your earnings while waiting for Fiverr payments.
Fees and Charges
Both platforms dey charge fees, but e dey different. Fiverr dey take 20% of your earnings as commission, while Upwork dey charge between 5% to 20% depending on how much you don earn from a client. The more you earn from a client, the lower the percentage. E mean say if you dey build long-term relationship with clients, you fit save money on fees.
Actionable Tip: If you wan reduce fees on Upwork, focus on building relationships with your clients, because as you dey earn more from dem, your fee dey reduce.
Which One Dey Better for Nigerian Freelancers?
No be say one platform dey better pass the other; e depend on wetin you dey look for. If you just dey start and you wan quick jobs, Fiverr fit be your best bet. But if you get skills wey fit land you long-term contracts, Upwork go fit give you better stability.
Make sure say you dey use the right payment methods wey fit work for Nigeria, like Payoneer, and don forget to verify your NIN to avoid wahala.
Conclusion
As a Nigerian freelancer, you fit succeed wella if you sabi how to navigate Fiverr and Upwork payments. Both platforms get their pros and cons, but with the right strategy and understanding of payment methods, you fit maximize your earnings. Remember, e no dey easy, but with dedication and the right approach, you fit make am big in the freelancing world.
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