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How Long Does It Take for Payment to Clear on Fiverr?

Last updated on September 28, 2022 @ 9:30 pm

As a freelancer, you’re always looking for ways to get paid faster. And when it comes to Fiverr, one of the most popular freelancing platforms, you might be wondering how long it takes for payments to clear.

Generally speaking, payments on Fiverr are processed pretty quickly. Once a buyer has approved your work, the funds will be released to your account within 1-2 days. However, there are a few factors that can affect how long it takes for payment to clear on Fiverr.

For example, if a buyer pays using PayPal, the funds will usually be available in your account almost instantly. However, if a buyer pays with a credit or debit card, it can take up to 5 days for the funds to become available.

Additionally, if you’re new to Fiverr and don’t have any previous sales or reviews, your first withdrawal may be delayed by up to 14 days. This is just a security measure to make sure that you’re not a scammer and that the work you’ve submitted is of good quality. Once you’ve established yourself on the platform, though, this delay should no longer apply.

So all in all, while payments on Fiverr aren’t immediate, they’re usually processed pretty quickly – usually within a few days at most. Of course, there are always exceptions and individual experiences may vary, but in general, you can expect to get paid pretty quickly when working on Fiverr.

PRO TIP: If you are selling services on Fiverr, it is important to be aware of how long payments can take to clear. While Fiverr does offer some protection for buyers and sellers, there have been reports of payments taking weeks or even months to clear. This can be a major inconvenience if you are relying on the funds to pay for rent or other bills. If you are selling services on Fiverr, be sure to factor in the possibility of delayed payments when budgeting your finances.

Conclusion:

In conclusion, payments on Fiverr are processed quite quickly compared to other freelancing platforms. In most cases, you can expect to receive payment within 1-2 days after work is approved by the buyer.

There are some factors that can affect payment processing times, such as the method of payment used by the buyer (e.g. PayPal vs credit/debit card) and whether or not you’re a new seller on the platform.

Morgan Bash

Morgan Bash

Technology enthusiast and Co-Founder of Women Coders SF.