Best Pay Out Method

Mariglen0
Level 2
Durrës, Albania

Best Pay Out Method

Hi Everyone,

 

Could anyone one suggest me the least expensive pay out method to use?

 

Thank you in advence for your time.

6 Replies 6
Hayley13
Level 1
New Orleans, LA

I'm sure you've heard but we prefer PayPal it's seamless. Good Luck.

I also have my payouts via Paypal and have never had any problems with it at all.  I can then pay for things via Paypal with my balance or transfer it to my bank account. Super convenient.

Gerry-And-Rashid0
Level 10
London, United Kingdom

And....at least in the UK, Paypal it is instant - you get the email saying your payment is being processed and seconds later it's in your account. You don't pay transaction fees to AirBnB for receiving money or transferring it out - you only pay for using Paypal to buy items. So you avoid bank charges, etc...and depending on the banking set up in your country, in the UK when you transfer money out off Paypal to your bank account it uses 'faster payments system'; which means it is in your account instantly (or within 2 hours at least, subject to any other checks that might need to be done for money laundering etc). 

but does paypal charge the host a fee for recieving the money?

Hi Regina - no they don't...at least in UK they don't. PayPal charges for purchases using their sites I you can use it to receive money and then transfer (instantly in Uk) to you bank account without fees too

Sorry, I'm new here. When the money is on my Paypal account, what is the next step I have to do? If I would like to have it on my credit card, do I have to withdraw it?

 

Thank you in advance! 🙂