In what ways can we receive money for the work we do Online in Ethiopia?
We can physically stay in Ethiopia and do many jobs online and earn money. The question is often asked how we can take this money in our country. Depending on the nature of the work we do, there are many types of payment methods that are reliable and recognized in our country.
Paypal
It is a company that has spent a little longevity but is paying customers in all countries for any work that can be paid in this way. The benefits we can take through paypal is that we can withdraw money from paypal by sending it directly to the bank. This does not mean that paypal gives us money. Let’s try to take an example of an online job.
We may be translating and we may be making logos and graphics that way we can make money from Fiverr. We send the money we get from Fiverr to our Paypal account. Then we can transfer it from paypal to the bank. The process of opening a paypal account in Ethiopia is a little difficult verified is not for people but there is a process of opening a paypal verified account so you can open it with professionals and local kids who know the process and also awash bank helps its customers. So in this way we can accept our work through paypal.
Pioneer
The most preferred and fastest in our country is Pioneer. It will also have many benefits. But there are few opportunities to do paid work through pioneering.
The benefits are that if we have $30 from our pioneer, we can get a master card from America in our name. This is if the rules of the company do not change. Another pioneer works directly linked to the bank. It is linked to any bank in our country. The registration is preferable because it is not as inconvenient as paypal but the problem is that there are few transactions done through them.
Cryptocurrency
Over the last ten years, more types of crypto have come along where our offline transactions are paid for by paypal and so on. Many people prefer crypto over them. Because it is fast and secured. Among the crypto types, bitcoin, Ethereum, litecoin and a few more others have arrived.
Based on the available information, other payment methods will decline and lose money in the future. Because the global community is currently choosing crypto, especially in developed countries, any retail company is choosing crypto payment methods for its customers. this is viewed with suspicion that other payment methods are less likely.
Western Union
Very few of the services we do online include Western Union payments. Western union is bubbly and works with any bank. People who don't want to use payment methods like paypal,payoneer, crypto but there are not many online jobs published through this payment method very few.
Competition through Paypal, Payoneer, Crypto and Western Union
In terms of dimensions, the benefits of the others are similar except for crypto. Let us take our country Ethiopia as an example. We do a job through paypal and we take it and the bank pays us by the exchange rate of the day which means if 1 dollar is 42 rupees, the bank pays us in this way and the rest of them are the same for pioneer and western union.
But if we take it in Bitcoin, we can sell it according to the buying and selling conditions of bitcoin in our country. This means that if the price of a Bitcoin is at the rate of 55 Birr today, we will have a chance to find someone to buy BTC and sell it above this.
So it means that anyone in any country needs payment via crypto such as bitcoin ethereum. These may be their differences.
But once everyone has worked fast in their work, they must know and understand the ways to take the money they have made and be able to work on it. This means that we should not say that this does not work in our country. There are many ways to do this and get paid, but these are the first ones that are preferred in our country.
Thanks for reading: How to Get Paid Online in Ethiopia, Sorry, my English is bad:)