As an online platform that allows users to sell services (known as “gigs”) for $5, Fiverr has become a popular way for people to make a bit of extra money. But do you need PayPal to sell on Fiverr?
The short answer is no – you don’t need PayPal to sell on Fiverr. However, there are some benefits to using PayPal when selling on Fiverr, which we’ll touch on below.
Fiverr actually offers two different ways to get paid for your gigs: via PayPal or via direct deposit to your bank account. If you live in a country that PayPal supports, then you can choose to be paid via PayPal. Otherwise, you’ll need to provide your bank account information so that Fiverr can send your earnings via direct deposit.
So why would you want to use PayPal instead of direct deposit? There are a few reasons:
1. With PayPal, you can get paid instantly. With direct deposit, it can take up to 5 business days for the funds to show up in your account.
2. PayPal is more secure than giving out your bank account information.
If anything were to happen and your bank account information got into the wrong hands, they could potentially clean out your account. With PayPal, there’s an extra layer of security since someone would need both your login information and the login information for your PayPal account in order to access your funds.
3. You can withdraw your PayPal funds to your bank account at any time, whereas with direct deposit you’re stuck waiting until the end of the month (or whenever Fiverr sends out payments).
4. If you ever need to dispute a charge with Fiverr, it’s easier to do so when you use PayPal since all of the transaction details are stored there. This can come in handy if there are ever any problems with a gig or if a buyer claims they never received what they paid for.
Overall, using PayPal is not required in order to sell on Fiverr, but there are some advantages to doing so. Whether or not you use PayPal is ultimately up to you – just be sure to weigh the pros and cons before making a decision!
