Venezuela has been stuck in an economic crisis for years that has led many professionals to make a living working as digital freelancers for international companies. This helps them to overcome the continuous devaluation of the bolivar and to adapt to the new situation in the country, where the dollar is the exchange currency used for everything. If you are a remote worker or want to know how you can get paid as a freelancer in Venezuela for a foreign company, stay to learn about the best online payment methods. And if what you are looking for is to send money to a relative in Venezuela, check out the best ways to send money online abroad .
Contents
- 1The most profitable form of payment in Venezuela
- 2Get paid in cryptocurrencies as a freelancer in Venezuela
- 3Platforms to charge as a freelancer in Venezuela
- 1Payoneer
- 2Western Union
- 3Sweet potato
- 4Airtm
- 5Paypal
The most profitable form of payment in Venezuela
Cash is still the most profitable form of payment for Venezuelan citizens. Although it is logically the most complicated method when it comes to receiving dollars and being able to withdraw cash, in the event of prolonged power outages it is the best alternative to always have money.
As we have pointed out, the dollar or the euro are the functional currencies that currently operate in Venezuela. Therefore, getting these currencies in cash is a luxury that cannot always be achieved. However, thanks to the advancement of mobile applications and new forms of payment, you can find some alternatives that will be easier for you when it comes to obtaining payments in Venezuela from a foreign company.
Get paid in cryptocurrencies as a freelancer in Venezuela
Without a doubt, charging in cryptocurrencies is one of the methods that is growing the most among freelancers in Venezuela. In addition to being able to use some applications and wallets such as Binance to receive payments , it is increasingly common to find many businesses and stores (especially computer and technology stores) that directly accept Bitcoin as a form of payment.
Yes, it is true that to buy food or other types of items, it is more complicated when it comes to withdrawing dollars in cash. But you can always use your debit/credit card to pay in those places. A very popular platform in Venezuela is Cryptobuyer, a cryptocurrency payment gateway that already operates with 400 clients in the country.
But beyond Binance, there are other alternatives to get paid as a freelancer in Venezuela. For example, Coinbase is another wallet with which you will receive your payments in Latin America without commissions and from anywhere in the world. If you are not yet very into this world, see where and how to buy Bitcoin .
Platforms to charge as a freelancer in Venezuela
Of course, beyond cash and cryptocurrencies, there are many freelancers who prefer to receive their money directly in dollars through an online platform. I recommend that you read our guide on how to receive payments in Latin America since we talk in more detail about some platforms for it. Among the best known are the following:
Payoneer
The best way to get paid in Venezuela as a freelancer is Payoneer . This American platform works as a virtual wallet with which to receive dollars without commissions from another Payoneer account. In addition, you can directly request the amount of your rates from your customers and have them pay through the app.
The only drawback is that you cannot deposit your balance in a Venezuelan account, although what many freelancers do is sell the currency personally in exchange for bolivars. Payoneer offers you a MasterCard debit card that is sent to Venezuela for free through Ipostel. Once you have it, it will be used to pay in stores that accept international cards.
Western Union
It is surely one of the best known ways worldwide to send money to Venezuela or anywhere in the world. Western Union has the advantage of having agencies in all countries, although the commissions (from 0 to 6%) and services vary from one country to another. You can receive your money in your bank account through a transfer or mobile payment and withdraw cash at Zoom offices, which are allies of Western Union.
Sweet potato
Although it is less known worldwide, Ubii is an app where you can receive payments in bolivars even if your client pays you in dollars or in foreign currency. It may not always be the best option since your client or company will have to download the app and top up their account and then transfer the money to yours.
They also offer a Visa debit card to make payments at local and national electronic stores. It costs $8 and they send it to your home directly,
Airtm
Airtm is another good method to get paid as a freelancer in Venezuela, since it is basically a digital money platform that allows anyone to store or exchange money. The currency they use is AirUSD, which is an equivalent to the dollar (like Binance’s BUSD).
There are several ways to receive your freelance payments in Venezuela with Airtm: anchor your account in digital dollars using any external payment method or digital wallet where you have received the money or receiving a direct payment between Airtm accounts. There is no set up cost and commissions are low ($0.40 cents), so it is also recommended for frequent use.
Paypal
We leave for the end the option that you have surely had in mind at all times. Why not use Paypal to collect money in Venezuela? Although it is the default option, the commissions are very high, reaching up to 5.4% of the total and $0.3 for each transaction. Removing this detail, Paypal is another method with which to get paid as a freelancer in Venezuela since you can receive payments in any currency and make an automatic conversion. Another of the great advantages of PayPal is that it is accepted as a payment method by many electronic businesses and marketplaces such as Ebay or Aliexpress.
And now that you know the best methods to get paid as a freelancer in Venezuela, all you have to do is decide on the one that can offer you the greatest ease, both for you and for your company or portfolio of clients abroad.
