5 Ways to earn money with Paypal no matter where you are

How to earn money with PayPal ? This is the question you should ask yourself if you want to get the most out of this electronic payment gateway.

PayPal is very useful to send money in a matter of seconds, and to receive payments online instantly. But it is also very profitable to generate additional income from wherever you are.

With this digital wallet you could streamline your monthly finances, ease your financial burdens, boost your business sales, and even pay off some debts.

What is Paypal?

Before explaining how to earn money with PayPal you need to know what it is. That way you will be clear about what it consists of and how you could get a great advantage out of it.

Specifically, it is a payment platform that operates worldwide, and that allows you to make purchases online , or receive money instantly.

This American company that was founded in 1998 supports money transfers between users, quickly, safely and efficiently.

Likewise, it has become an excellent alternative to conventional payment methods, such as money orders or checks.

It is extremely easy to use. You only need a smartphone, or any other device with an Internet connection, to use its services expeditiously.

Many have the belief that PayPal is a bank. However, we must emphasize that this is not true, since it is not governed by the laws of banking institutions.

However, its financial services and solutions are very beneficial for the common citizen, and above all, for digital entrepreneurs and businessmen.

How Paypal works in detail to benefit you:

One of the biggest advantages of PayPal is that it allows you to make electronic transfers just by providing an email.

If you are in Mexico and need to send money to someone who lives in the United States, Spain or Argentina, you only have to enter their email address to complete the operation successfully.

At the same time, it should be noted that this service that operates without borders also works very well with electronic commerce.

In fact, it is accepted in most ecommerces or online stores to process payments easily and quickly.
On the other hand, you should know that the money you have in your PayPal account will not generate interest, and that you will not have to pay bank commissions either , since this company is not the same as a bank.

In simple words, that money will not generate a return , unlike what happens with other banking instruments.
Below we will explain how PayPal works under its two modalities. The idea is that you understand their differences and in what specific situations they can benefit you.

1. Buy and send payments online:

To make purchases or send payments online internationally, and in a matter of seconds through PayPal, the first thing you must do is register on your page at no cost.

You only need to use your email and establish a password to start using the services of this digital platform (without compromising your financial information).

Then you must associate a payment method to your digital wallet . You can affiliate a bank account, or a credit card that accepts international payments.

You also have the option of associating several cards when opening your account, or when making a purchase online.

In this case, you only have to select the card that best suits you when starting the payment transaction. Currently, it accepts the main international cards on the market, such as: 
  • Mastercard.
  • Visa.
  • American Express.
  • Diners Club International.
  • Teacher.
  • JCB.
  • GiroPay.
Once you associate your payment method, you will not have to repeat the process every time you want to make a purchase, or send money online.

You will only have to log in to your PayPal account to continue this virtual purchase procedure.
Also, you need to know that if you receive miles or reward points on your cards, you can continue to accumulate them every time you make a purchase through PayPal.

A practical case:

Suppose you visit the Nike online store and want to buy some shoes using the PayPal button.
For this to be carried out successfully, you only have to follow these three steps:

1. Select the PayPal button in the Nike e -commerce (after adding your shoes to the shopping cart).
2. Access your PayPal account with your email and password.
3. Click on “Process payment”. The operation will take less than 1 second and will be fully protected.

Commission for currency conversion:

If you are going to make purchases online abroad, you will have to assume a fee for currency conversion.

But PayPal will make sure to show it to you before adding it to your purchase amount, so that you can evaluate if it is favorable or convenient for you.

In addition, your percentage will depend on the market or region where the money will be sent; as we need below:
  • Americas: the currency conversion fee is 3.5%
  • Asia Pacific: 3.0%
  • Africa and the Middle East: 3.0%
  • Southeast Europe: 3.0%
Either way, payments through PayPal are solid and reliable. And in the rare case that something goes wrong with your purchase, you'll have 180 days to file a dispute and request a refund.

At this time, PayPal's Buyer Protection system covers most digital goods and physical items.

2. Sell and receive payments online

With PayPal you can make sales around the world, as well as receive direct payments in your email, in an app or website.

The best part is that you can make use of their Seller Protection program to protect your sales from possible fraud.

To receive payments directly on your website, all you have to do is add the "Pay with PayPal" button and accept the main credit or debit cards on the market.

And if you do not have a website at the moment, you can still receive the money from your sales through your email.

In that case you will have to create and send payment formats to your customers, which you even have the possibility of customizing.

Get paid fast with PayPal.Me

You can also receive payments with PayPal.Me. This service is ideal for creating and customizing a payment link with PayPal.

Then you can send said link to your customers through your social networks, or email, and they can make payments instantly.

To integrate PayPal into an application or website, it is best to contact a certified developer.

You can visit PayPal's own developer catalog to find a developer that perfectly suits the needs of your online business .

Paypal commissions for receiving payments

Although many sellers don't like the idea of ​​paying a commission every time they receive a payment, this is usually flexible and friendly.

Business fees for receiving commercial transactions, such as online payments, vary depending on the region where the recipient is located.

In general terms, you should know that it ranges between 4.40% and 5.40%, plus PayPal's fixed commission that will be adjusted to the currency received.

In short, if you add PayPal to your payment methods you could dramatically increase the sales of your business .

Taking into consideration that more than 200 million people use the services of this platform throughout the world.

Remember that this company allows you to receive payments at any time, in different currencies and from any corner of the planet.

As if that were not enough, it supports a wide variety of currencies. This means that you can receive payments in euros, dollars, pounds and pesos (In total it accepts 25 different currencies).

How to make money with PayPal

Now that you know what PayPal is, and how it works, we will concentrate on explaining how to earn money with PayPal.

These are the most popular and effective methods, strategies or mechanisms to generate income online through this payment gateway:

1. PayPal Cashback:

If you request a Mastercard credit card through the PayPal app or website, you can receive money back after making online purchases .

This mechanism is popularly known as “ cashback ”, and in the case of PayPal it is very lucrative.
Indeed, if you spend $500 within three months of opening your account, they will refund $100.

You will also receive 3% cashback when you make payments with this gateway and 2% when you make other payments. And the best thing is that you will not have to pay annual commissions for the use of this card.

2. Paid Surveys:

Currently most of the paid survey panels available in the market allow you to earn money quickly and then withdraw it in cash through PayPal.

You can register on all the survey platforms that are active in the country where you reside and then claim your rewards through this digital wallet.

Here is a list of recommendations according to your country:

To take advantage of this modality you must register for free on paid survey sites , complete your profile and answer online surveys quickly.

This is something you can do from wherever you are and from your own smartphone, which is comfortable and functional.

3. Games and video games:

If you wonder how to earn money with PayPal in a fun , entertaining or didactic way, this option might surprise you.

Right now you can play various games and video games that allow you to get rewards, in exchange for performing certain tasks.

The games can be as varied as you can imagine, so you won't get bored. You can choose soccer games, simulation, strategy and even gambling games.

Bananatic, Betsuites, Triunfador, Gamehag and My Profit Land are some of the money making games you can play. (Then you will only have to transfer your funds directly to your PayPal account).

4. Online tasks:

Earning money online, or specifically through PayPal, is also possible by completing tasks online. Some of the most common are:
  • Classify images.
  • Record videos.
  • Transcribe texts with the voice.
  • Do web searches.
  • Watch advertisements.
  • Download apps.
  • Click on ads.
  • Complete records.
Some pages that can help you achieve this goal are InstaGC , PicoWorkers and Rewarding Ways.

5. Mobile applications:

If you have an electronic device at your fingertips with an Internet connection, and you want to know how to earn money with PayPal thanks to these resources, mobile apps are a great answer.

There are literally money earning apps out there, where you can earn rewards and then redeem them using this electronic payment platform.

Most are available on both the App Store and Google Play, and like the previous option, you will only have to complete simple tasks to get benefits.

You can visit pages, unlock your phone, upload photos, watch videos, play games and much more.

There really are many ways to get rewards through certain apps. Some of the best known today are:
  • AppKarma.
  • People.
  • bigtime.
  • streetbees.
  • Betsim.
  • honeygain.

Advantages of using PayPal

The list of advantages of using PayPal, both on a personal and business scale, is practically endless.
However, we would like to share the most prominent and influential ones with you, since their usefulness is superior:
  1. You can make purchases or receive payments online in a matter of seconds, and no matter where you are.
  2. Both buyers and sellers who use the services of this platform are protected. This means that your financial operations are secure.
  3. You can make installment payments. Indeed, you can divide the amount of your operation into four interest-free installments.
  4. You can make payments with your smartphone just by scanning PayPal QR codes.
  5. PayPal allows you to make donations to NGOs or charities .
  6. Thousands of brands, companies and businesses accept payments through this gateway. Some of them are Walmart, Nike, Spotify, Ulta Beauty, Hulu, etc.
  7. You have the possibility of requesting a Mastercard debit card to make purchases, or to withdraw cash at ATMs.
  8. You can also pay bills, send gifts, recharge prepaid phones, set up direct deposit, create budgets and payment formats, and even split bills.
  9. You can send instant payments in more than 200 countries, and in more than 20 different currencies.
  10. According to a Forbes report , PayPal has no limitations when it comes to sending money. In fact, you can send up to $60,000 in a single transaction.
The benefits of this platform are real, tangible and important. Especially if you operate an online business and want to scale your sales and reach massively.

Start earning money with PayPal:

Knowing how to earn money with PayPal is easier than you might imagine. Especially if you are already familiar with some Internet payment mechanisms.

Undoubtedly, this international payment gateway can reliably boost your business, as well as diversify your digital payment channels like never before.

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