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PayPal is the largest payment processor in the world. There are a number of ways to make money on PayPal and we will cover some of the best ones in this post. If you want to take advantage of these methods then you will need a free PayPal account. It is very easy to sign up and PayPal is available in several countries.
You can link your PayPal account directly to your bank account in most countries. When you receive money into your PayPal account, it is simple to transfer it to your bank account. There is no charge for this. PayPal will charge fees for the money that you receive into your account.
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Provide Freelance Services
If you have a skill that is in demand then you can sell your services and receive money into your PayPal account for this. Here are some of the services that are in high demand:
- Content writing
- Copywriting
- Graphic design
- Installing WordPress
- Fixing WordPress problems
- SEO services
- Voiceovers
- Video creation
There are several freelance websites that you can use to promote your services and receive funds in your PayPal account for the work that you do. The most famous of these is probably Fiverr.com where you can set up gigs which customers will buy from you. Another popular gig site for freelancers is PeoplePerHour.com.
Then there are project-based freelance websites where customers post a project and you submit a bid to complete it. Popular sites include Upwork.com, Guru.com and Freelancer.com. With all of the freelance websites, they will take a percentage of what you earn. It is not unusual for this to be in the region of 20%.
You can transfer the money that you have earned from these freelancing websites into your PayPal account. Some freelancers work directly with customers because they do not have to pay any fees to freelancing websites.
Affiliate and CPA Marketing
The vast majority of affiliate and CPA networks have an option to transfer the funds that you earn via PayPal. With affiliate marketing you promote other people’s products and services. When a sale is made, they will pay you a commission which is a percentage of the sale.
For physical products the commissions are usually fairly low. With digital products, the commissions are much higher because the costs to the vendor are much lower. Examples of affiliate networks are:
Before you join any of these affiliate networks, make sure that they support payments via PayPal. With CPA (cost per action) marketing, an action needs to take place for you to get paid. This can be a person entering their email address or their zip code. The payouts tend to be a lot lower with CPA networks but the conversions are easier to achieve.
Sell Stuff on eBay
eBay and PayPal have been linked forever. PayPal was originally created to provide a method of sending and receiving payments for eBay purchases. Almost anything goes on eBay. Take a look around your home and see what items you no longer use or want. List these on eBay, and when a sale is made you will receive the money via PayPal.
Online Surveys
There are a number of research companies that will pay you for your opinion. This happens in the form of a survey and the participant is paid for completing each survey via PayPal. It is unlikely that you will get rich with online surveys. They tend to pay only a few dollars for completing each survey.
The good thing about online surveys is that it usually doesn’t require too much time to complete them. If you live in the United States, there will be a lot more online surveys available to you than elsewhere. Check to see how much you will earn with each survey and what the minimum threshold is for payments via PayPal.
Perform Simple Tasks
There are micro worker sites such as MTurk.com (an Amazon website) where you can perform simple tasks such as data entry and earn PayPal money. If you want to be a virtual assistant and help someone by performing simple tasks such as making social media posts, organizing diaries and more then you can earn money via PayPal with this.
There are websites that will pay you to watch video ads and test websites. If you are a fan of gaming then you can become a game tester and earn money with PayPal doing this. At the end of the day, the number of ways to make money on PayPal are numerous.
Conclusion
We have showed you just some of the ways to make money on PayPal. There is no doubt that PayPal is a very convenient way to send and receive money. Most people have heard of PayPal and know that they can trust it as a secure payment processor.
