- Availability of all popular payment methods.
A major complaint many Indian freelancers, and even webmasters, have had has been the dearth of payment options offered by most freelance sites.
Especially now, since Paypal has also imposed severe restrictions on all Indian Paypal accounts. It’s important to avail of different services.
With oDesk, you don’t have to worry about your payments. All the popular payment methods are available to freelancers working in India. Below mentioned is a list of all the methods through which you can receive the money you earn:
- Local Funds Transfer in Indian Rupees
- Wire Transfer in US dollars
- Payoneer Debit Card
- Skrill (formerly Moneybookers)
- Direct Deposit/ACH (if you have a US bank account only)
From the above options, the first one i.e. Local Funds Transfer is the best because it offers the highest conversion rates. In this case oDesk coverts the dollars in rupees via its local bank, with whom they have a special relationship offering you higher rates compared to other payment methods.
You can also opt for a wire transfer, where your local bank will convert the US dollars into Indian rupees for you. However, this review has found Local Funds Transfer to offer much better conversion rates.
You’re best off keeping away from Paypal, given the terrible conversion rates they offer, and the service fees they charge on withdrawals.
Not just that, you can’t even use the money you accumulate in your Paypal account to make payments any more. Also, Paypal has a history of terrible customer support, including cases where they shut down accounts without prior notice or intimation.
- Payments schedule and system.
When it comes to actually getting paid, oDesk offers the most efficient system available today. You can apply for two types of jobs – those with a fixed price, or those that are billed hourly.
However, if you work hourly you will be required to install an official oDesk software that will monitor your work, and occasionally take a screenshot to send to your employers.
This tracking software ensures that freelancers do the work they promised, and don’t bill their employers for work hours where no work was actually done.
While this software may seem a little intrusive, it’s a great way for beginners in India to get an employer to trust them with a project, which in turn will make them money.
When you select a fixed price job, you will be paid once you’ve completed the work within the designated time frame specified in your contract.
If you intent to be honest with your work, then you should definitely opt for jobs that are billed hourly. Not only do they entail higher prices, oDesk also guarantees that you will be paid for your hard work.
Either way, you can make money online in India by taking advantage of this platform. This review can promise all Indian freelancers that!