The Ezoic platform, which optimizes ad revenue, offers a variety of payment methods for content creators and website owners. # How To Choose The Best Ezoic Payment Method?
Choosing the right Ezoic payment method tailored to meet their needs can have a significant impact on their financial management and satisfaction. A content creator’s earnings directly depend on the choice of payment method they choose.
Our blog post will examine the features, benefits, and considerations of Ezoic’s payment options for publishers.
Content creators must evaluate the payment options available to them in order to determine the best payment method based on their preferences and financial objectives.
About Ezoic Payment Methods
With Ezoic, a website monetization platform, content creators have a variety of payment options. Website owners can use the same methods to receive their earnings as quickly as possible. PayPal, Payoneer, and direct bank deposits are some of these methods.
In addition to fees, thresholds, and processing times, the advantages and considerations of each method vary.
With Ezoic’s payment methods, customers can choose the method that suits their needs, whether they are looking for convenience, cost-effectiveness, or the currency in which they want to receive their payment.
Content creators can ensure a smooth flow of revenue by understanding and choosing the most appropriate Ezoic payment method.
When choosing a payment method, creators should weigh the pros and cons of each method and choose one that aligns with their financial goals and preferences.
Which Of The Ezoic Payment Methods Is Best?
You should take the following factors into consideration when selecting the best Ezoic payment method:
Payment Threshold:
Regardless of the method you choose to withdraw your money, the minimum payout threshold is $20. Setting this threshold is useful if you withdraw your money frequently.
Make sure you choose the payment method based on your needs and circumstances. Review each payment method’s details and decide what works best for you.
Currency Conversion Fees:
Payoneer offers reduced rates for some currencies as well, which is great if currency conversion fees are a concern.
Location:
It may be a good idea to use Payoneer or WISE for international wire transfers since they are free. Direct Deposit via Payoneer, on the other hand, is the best option in the US due to its convenience.
Ease of Use:
If you’re looking for a simple, straightforward method, PayPal may be the way to go. However, take into account that payments are sent in USD and you may have to pay 4% in currency conversion fees.
How To Choose The Best Ezoic Payment Method?
Content creators can choose among several payment methods through Ezoic, a website monetization platform.
Payooner Ezoic Payment Method
Payoneer users who wish to use Ezoic to pay should refer to the following information:
International Wire Transfer via Payoneer:
Unless you specify a currency, there is a 2% conversion fee for international transfers. Only automatic bank transfers qualify for reduced rates, not manual bank transfers. Receiving funds in USD requires a $15 fee.
Direct Deposit (US only):
There is only one company that offers US Bank Transfers for US citizens at the moment, and that is Payoneer.
Payoneer Prepaid Card:
It is possible to withdraw funds from your Payoneer account using either a prepaid card or a USD Domiciliary account using a prepaid card. A prepaid card works like a debit card when you load money onto it.
It is simply a matter of filling out the form properly. If you are not sure about certain things, check with your bank or Payooner.
The money could also be deposited into your Payoneer Prepaid account.
Adv Of Payooner Ezoic Payment Method
- A Payooner Prepaid card is a great way to use your Ezoic earnings for online purchases. However, you will have to configure it on the Payooner website.
- Almost any bank in the world can accept electronic payment in local currency through EZoic
- You and Payoneer can reinitiate the transfer as soon as you want. This is much better than having your payment deferred until the next Ezoic payment cycle (30 days later).
Disad Of Payooner Ezoic Payment Method
- To use this payment option, you must have a Payoneer account. For many reasons, opening a Payoneer account may not be a good idea.
- When your bank account is located outside the US, receiving Ezoic earnings can be difficult. You might get scrutinized, asked questions, and back-and-forths.
- In my experience, Payooner support is very terrible. It’s either they are short-staffed in the customer support department, or they don’t have any interest in helping.
- The Ezoic platform always prompts you to add a new bank account, even if you already have several bank accounts added to your Payoneer account.
PayPal
It is unnecessary for me to remind you that PayPal exists. You are already familiar with it. Instead of being a bank, PayPal acts as a payment gateway for sending and receiving money online.
Ezoic’s payment options are probably dominated by PayPal in today’s world.
The pros of PayPal Ezoic payments
- The conversion of currencies between USD and your local currency is easy in most countries where PayPal is available.
- If you don’t have a US bank account, this is a good option for you
- Making a payment from PayPal to PayPal is usually very quick.
The cons of PayPal Ezoic payments
- I find it ridiculous that there is a withdrawal fee, especially for people outside the United States.
- The cost of converting from one currency to another on PayPal is usually very high.
- Publishers receive a lower value when converting their money to their local currency.
- There are many countries where PayPal is not available, and the service is limited.
Wise Bank Transfer
With Wise, formerly TransferWise, you can send, spend, and withdraw money in 40 currencies. 16 million people use the service around the world.
Through the use of an invisible intermediary called Wise, the funds are transferred to your bank account. Ezoic offers Publishers a variety of payment methods, but Bank Transfer With Wise may be the best option for them.
Advantages:
Fees are low:
In addition to reducing international transfer fees, Wise allows users to receive payments in various currencies at a lower cost than traditional banks.
A transparent exchange rate:
Due to the use of real-time exchange rates and transparent fee structures, Wise users can accurately estimate how much they will receive.
Fast Transfers:
Especially when international transfers are involved, Wise transfers are often faster than conventional bank transfers.
Currency Conversion:
With the Wise account, you can convert different currencies and transfer funds between different currencies at the same time.
Secure and Reliable:
Wise is the best platform for secure transactions due to its reputation for reliability and security.
Disadvantages:
Availability of services:
Some areas may not have Wise coverage, making the service unavailable to people who live there.
Account Verification Process:
It is possible that users will have to complete a verification process before they can use Wise to receive payments.
Possible Fees:
There may be a fee associated with some transactions or currency conversions with Wise, but the rates are generally competitive.
Potential Transfer Delays:
Processing times and verification processes can sometimes cause transfers to be delayed.
For those who manage international payments and multi-currencies, Wise for bank transfers on Ezoic is a great option.
Check Ezoic Payment Method
If you wish to use the Check payment method, you will need to provide the following information:
Payment Threshold:
The change must be submitted by the 26th of the month in order to take effect the following pay period.
If the change is received after the 26th, it will take effect the following pay period.
Availability:
As soon as you have completed the registration process, you will be able to use the Check payment method.
Payment Process:
You will receive the check as soon as it is received.
In Account > Payments and Charges > Payment Settings, you can change or add payment methods. If you’ve already selected one, you’ll see it here. If not, you’ll see ‘Please Add a Credit Card’.
By the end of February, for instance, it is normal to receive January’s revenue. It is common for EZOC to pay monthly in arrears, usually within 30 days of the end of the month.
Payments are typically made between the 27th and 31st of each month. 45 days is the absolute maximum, and 30 days is the typical.
How To Create A USD Bank Account?
A USD bank account can be opened online and the process differs depending on the bank and your location.
Here are some general steps:
- Research and select a bank that offers USD accounts and accepts non-residents and foreigners.
- On the bank’s website, you can apply for an account by providing your name, contact details, and proof of identification.
- To verify your ID, you may be required to submit a picture of yourself holding it, as well as proof of address.
- Banks usually verify accounts within 2 working days.
- Upon approval, you will be able to deposit funds into your USD account.
A Social Security Number (SSN), an Individual Taxpayer Identification Number (ITIN), and proof of address in the United States may be required by some banks for non-resident individuals.
How to Change Your Ezoic Payment Method?
Your Ezoic account can be updated by adding or updating a payment method as follows:
- Your previous payment method will appear here if it wasn’t previously selected.
- If the credit card was not already selected, you will see ‘Please add a credit card’.
- After clicking ‘Add Payment Method,’ you will be prompted to enter a payment method.
- You can securely enter your credit card information on the ‘Add Payment Method’ page.
- You can also select a default card and change it at any time by clicking the green ‘Add Payment Method’ button again.
You can pay with Ezoic in a variety of ways, including checks, Wise transfers, PayPal, direct deposits (US only), international wire transfers through Payoneer, and Payoneer prepaid cards.
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Conclusion
If you want to maximize your revenue stream with Ezoic, you can choose from a variety of options depending on your preferences.
There are a variety of payment options available through Ezoic, each with its own features and considerations.
Choosing the right method depends on a variety of factors, such as transaction fees, processing times, and currency options, among others.
