Cynthia Minnaar’s article is titled “Work At Home Online Business – Ensure You Get Paid Online Home Income”. [Article Reprint]


Cynthia Minnaar’s article is reprinted here.

Work At Home Online Business – Ensure You Get Paid Online Home Income

It is really important when you are looking for a work at home online business to establish what payment methods are used to pay out commissions, so as to ensure you can not only receive but are able to withdraw the online home income that you have earned.

Normally work at home online businesses offer two or three methods for you to choose how you would like to be paid the online home income you have earned. Most common methods of payment are through internet payment services such as for example PayPal, AlertPay (there are others), by cheque or via their own global cash card system that enables you to withdraw your money from an ATM.

Upon joining an affiliate program you are requested to complete the Personal Account Section where you will nominate your choice of payment. Before selecting your choice of payment you need to check that the payment system will allow your online home income to be paid out in your country and most importantly that you are able to withdraw funds from that account.

Those living in South Africa for example cannot withdraw their online home income from PayPal (as at August 2007) although they can accept payments into their PayPal account. Sounds crazy doesn’t it – but that’s the way it is. You can make payments from your PayPal account though, which means you could pay for some advertising or make purchases on the internet. You can also send money to someone else too.

The cash card systems allow you to withdraw your funds from your local ATM (automatic teller machine). But be sure to check if these work in your country. The foreign exchange laws vary from country to country and these will to a certain extent control the way you can be paid foreign income. The cash cards operate just like a bank card and you can check your balance and more online 24 hours a day, 7 days a week. Your commissions are paid directly to your card they are then converted to cash, in your country’s currency, instantly. You do have to purchase this card, which is a once-off payment.

By selecting the online payment processors or cash card systems means your online home income gets paid instantly and do not have to wait for a cheque to come in the post. Some affiliate programs, for example Clickbank, only pay by cheque irrespective of where you live. Although, if you are earning huge Clickbank commissions you can apply to have your funds paid by wire transfer direct into your bank account.

AlertPay for example works globally but not all options are available for some countries. For example to withdraw by wire transfer you need to provide a US bank account number. You can also choose the option to be paid by cheque or transfer the money to e-gold, but then in some countries you cannot withdraw from e-gold either. So be sure that you check each payment processor to see if your country is included and the conditions that apply.

Being paid by cheque may be the only option you have. Depending on where you live the cheques will take 1 to 2 weeks to arrive. You then simply go to your bank and complete the appropriate forex form and deposit it into your account. In some countries the first time you deposit a foreign cheque it may take 3 to 6 weeks to clear because the banks seem to do a double clearance transaction, but once you have regular cheques coming in then they will be cleared a day or so after you deposit them. The fees for requesting payment by cheque are slightly higher than the other systems.

Charges differ from bank to bank for foreign cheque deposits, some charge per cheque others charge a percentage of the value of the cheque, so depending on the way your bank charges it may be beneficial to look for an option in your affiliate program account section to enable you to accumulate your commissions and then set a threshold of say $100 before they issue and post a cheque to you.

The above will give you guidelines on what to look out for when looking for a work at home online business to ensure that the payment options available allow you to get paid and withdraw your online home income.

About the Author:

Cynthia Minnaar is the owner and webmaster of http://www.cyns-home-biz.com, the site for work at home online business ideas, legitimate online home business startup ideas, income opportunities and internet income training. Launch 6 Automated Streams of Residual Income today with an income generating site set up free within 24 hours – http://www.cyns-home-biz.com/pips.html

*This article was submitted by Cynthia Minnaar.

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