How To Pay a VA – What Works Best?

Over the last 12 years as an entrepreneur, I have hired more than twenty remote workers. These virtual assistants have completed more than 100 different projects. The projects range from bookkeeping to design work to data entry to phone calls to website building.  You may be wondering: what are the best virtual assistant payment methods in order to pay your VA?

If you use a platform like Upwork, Fiverr, or Freelancer, then it is pretty straightforward. They already have the payment processing set up, and you can pay through their systems.  You have to input your financial info, and the virtual contractor will do the same.  The platform will process the payment in between.

virtual assistant payment methods - check out wise

Best Virtual Assistant Payment Methods

Many freelancers or virtual assistants like to go outside of these platforms in order to save money on fees. A disclaimer: when you hire a freelancer because of the platform, I do not think it is ever right to leave that platform because of its fees. The reason why you were able to hire that virtual worker is because of the platform. Those fees are just a part of doing business with them. Also, there are significant benefits to using the platform. It facilitates the relationship, confirms that work is being done appropriately, and keeps things fair between yourself and your hired contractor.

If you find your freelancer online by advertising, then you will need a way to pay your virtual contractors yourself. You need to find a method that works well for both of you.

I have found that different people in different areas of the world are interested in using different tools based on where they live. I have hired contractors that live in India, the Philippines, Pakistan, and the US. All of these contractors have different payment platforms they prefer.  I am now aware of new tools as contractors refer them to me because it is a way that they can easily collect money. 

Payment Platforms

 For example, I had never heard of Wise as a way to make payments to contractors, yet it is the primary way that I make payments today to my virtual assistants. It is especially loved by my VAs in the Philippines. The cost is the lowest for them to collect money.

Of course, there are also solutions like PayPal that will most likely work in their country, as PayPal works in most countries around the globe. But again, it is from the virtual assistants that I have heard that the fees were high with this platform.

pay your VA with payoneer

Another platform that I have also used to make payments where my contractors were pleased is Payoneer. They invited me to write an article about tips for hiring virtual assistants if you would like to have a read.

Conclusion: Best Way To Pay Your VA

It can be scary at first to use a new payment platform. You are entering in your banking information for the company to deduct the funds and then transfer it to your contractor’s account. But I can tell you that I have used all of these payment methods and have not had an issue. On the contrary, I have been pleased with the process with all of them.

So if you are looking for a solution to pay your virtual assistants, then have a look at these platforms.  They might just be the perfect way to meet your needs. As of writing this article, if I am hiring a contractor directly, my current payment platform is Wise, both for the ease and the cost savings for a direct bank transfer.

Disclosure:  this article might contain links to the resources discussed.
Some of the links are affiliate links, meaning that I will make a small commission if you purchase a product or service by using the link. You get the same price whether you use our special link or not, and sometimes I’m able to get you an even better deal through my relationships!  More info in my privacy policy.

Brooks Conkle

Brooks Conkle

Brooks is an Entrepreneur, Sponge, Father, Husband, & Follower of the Golden Rule. He has over 15 years of experience as an entrepreneur after graduating with a BSBA in Finance from Auburn University. He’s addicted to growing new business ideas and any food that includes chocolate and peanut butter. Brooks is a firm believer in creating multiple streams of income and creates content here on to help other hustlers in the areas of marketing, online business, personal finance, and real estate. 

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