Tweet

Home Based Internet Business – How You Get Paid Home Business Online Income

Guest post by: Cynthia Minnaar

Article Overview: It is really important when you are looking for a home based internet 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 home business online income that you have earned.

Home Based Internet Business – How You Get Paid Home Business Online Income

Home based internet businesses usually offer two or three methods for you to choose how you would like to be paid the home business online 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.

You are required to complete yourr Personal Account Section for each affiliate program that you join, but before selecting your choice of payment you need to check that the payment system will allow your home business online income to be paid out in your country and most importantly that you are able to withdraw funds from that account.

Should you live in South Africa for example you cannot withdraw your home business online income from PayPal (as at August 2007) although you can accept payments into your 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 an online payment processors or cash card systems means your home business online 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.

For those living outside of the USA choosing the option of 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.

Banks charges vary 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.

When looking for a home based internet business follow these guidelines to ensure that the payment options available allow you to get paid and withdraw your home business online income.

Related Articles
  How Do You Find Legitimate Online Home Based Income Opportunities
  Ideas To Make A Home Based Income Online
  Work At Home Online Idea - Internet Based Business
  Here’s how to choose a unique online business opportunity
  4 Home Based Income Ideas To Consider

Article Tags: affiliate program, affiliate program, bank account, business online, cash card, cheque, cheque, income, PayPal



Related Forum Posts
Re: How do you budget your life? - Here is my financial management categories for today: 15% Long Term Savings; 10% Home Expenses; 45% Business and Marketing charges; 10% Friends (Meeting); 20$ Scientific and Law Books. But this will change when it is August or September. Orxan
My entry - 1. The Best Business Books Ever: The 100 Most Influential Business Books You'll Never Have Time to Read - this is a fascinating book about the history of Business theory, and I'd recommend it to anybody. 2. The Big Book of Small Business: You Don't Have to Run Your Business by the Seat of Your Pants, by Tom Gegax. Ditto. 3. PADI: The Business of Diving Book Okay, so this book won't be of use to anyone who doesn't want to start a scuba store, but I did, and this book was of course invaluable to me in reaching that goal.
Re: HOw to market a B2B consulting company - [quote="zohahunt77":428owzbi]Hi, I was wondering if anyone can tell me the difference between B2B and B2C. I don’t know about b2b marketing but I have done marketing so know things about it. I will suggest you to take online services which will spread your business all over web network. Online marketing is the best way to market any business.[/quote:428owzbi] B2B = Business to Business - You are marketing to other businesses. B2C = Business to Consumer - You are marketing to consumers.
Books for Women Entrepreneurs - There's a thread for good books in the Resources folder, but it doesn't target books for businesswomen particularly, so I figured I'd start such a thread here. It doesn't matter how successful you are in your business - it's always possible to learn something new. In subsequent posts I give Table of Contents and brief descriptions for various titles - most of them devoted to the businesswoman - and sometimes a review. If anyone else has read a review, or has read the book and found it useful, please comment! 1. The Old Girl's Network 2. Mother's Work 3. The 7 Greatest Truths About Successful Women 4. Pitch Like A Girl 5. Workplace Warrior 6. Treasure Hunt: Inside the Mind of the Modern Consumer 7. Contingency Planning & Disaster Recovery 8. She Wins, You Win 9. Napoleon On Project Management 10. Why Good Girls Dont' Get Ahead, But Gutsy Girls Do 11. Comeback Moms: How to Leave Work, Raise Children, and Restart your Career even If you Haven't Had a Job in Years 12. The One Minute Millionaire 13. Talking From 9 to 5 14. Soloing: Realizing Your Life's Ambitions 15. 101 Best Home Based Businesses for Women: Everything You Need to Know About Getting Started on the Road To Success 16. Work With Passion: How to Do What You Love for a Living. Revised and Expanded 17. Fail-Proof Your Business: Beat the Odds and be Successful 18. Confidence: How Winning Streaks and Losing Streaks Begin and End 19. Women Don't Ask: Negotiation and the Gender Divide 20. Millionaire Women Next Door: The Many Journeys of Successful American Businesswomen 21. Start Small, Finish Big: Fifteen Key Lessons to Start - and Run - Your Own Successful Business 22. Rewired, Rehired or Retired: A Global Guide for the Experienced Worker 23. The Martha Rules: 10 essentials for achieving success as you start, build or manage a business 24. The Essentials of Entrepreneurship: What it takes to create Successful Enterprises 25. Net Ready: Strategies for Success in the E-conomy 26. The Promotable Woman 27. Leave The Office Earlier: The Productivity Pro shows you how to do more in less time and feel great about it 28. The Work At Home Balancing Act: The professional resource guide for managing yourself, your work, and your family at home 29. Secrets of Six-Figure Women
Re: Who inspired you to start? - Hi Evan, I was inspired by Mr. Bill Gates ever since I was a student learning Computers. But I was motivated for Internet as my Business, when I read his book "The Road Ahead" in 1995. It was in this book that Gates laid out his vision of an interconnected world built around the Internet. Based on the premise that life will be transformed by the convergence of inexpensive computing and inexpensive communications, Gates drew from his experience at the center of the personal computer revolution to give insights on the growth, evolution and impact of technology. I had always looked up to Bill Gates as my idol. When I read this book, it made me more focussed on Microsoft and Internet, The Internet was one of the upcoming things in this time. So I took over to the Internet as my primary business. Regards,


Share this article with your friends. Fund someone's dream.

Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.

Tweet

Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!

Name:
Email:

Popular Articles

Angel Investors Where Are You?

Life is a Balancing Act!

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.