What is the best payment method to receive payment from a client?

#92 · $300K/mo AI Automation Expert Answers Questions For 2Hrs

What is the best payment method to receive payment from a client?

Stripe. If you're in the US or the EU, Stripe is a solid, reliable option for receiving client payments.

stripepayment

Related answers

I'm reluctant to pick a niche and have no capital left beyond the first month. What can I do, and which payment processor should I use if I'm in a country without Stripe?

I don’t know exactly which processor I’d pick for you, but there are several options depending on your location. In Southeast Asia many people use Payoneer. There are also some Middle‑East‑specific platforms. In the EU you have a wide range of alternatives, though Stripe works in most European countries. Ultimately the best choice depends on where you are, but I’d still go with Stripe in the majority of cases—about nine times out of ten.

payment processorstripepayoneer

youtube ↗Sales

How can I improve my sales skills, and how can I receive payments from clients in Egypt given Stripe/PayPal limitations?

To get better at sales, the straightest path is to do a lot of it, but not in a vacuum—pair extensive practice with regular progress reviews to maintain a true feedback loop. Without that review, you just hit a feedback plateau. Regarding receiving payments from clients in Egypt, since Stripe doesn't support Egypt and PayPal holds funds, you'll need to use a local payment processor, which typically charges around a 5% fee. It's a hefty premium, but it's part of doing business there; Stripe is expected to add support for Egypt soon.

salespayment processingegypt

youtube ↗Other

Are there alternatives or workarounds for using Stripe in countries where it's not available?

Yeah, there are definitely alternatives. You can't use Stripe in a country where it isn't offered. Take Bangladesh—without a verified business, getting Stripe to work is pretty low, but you can use Payoneer, PayPal, or other platforms like W (a competitor to School). Stripe is just a payment processor; it's great and I use it all the time, but it's only one piece of a functional business. Not having Stripe access doesn't prevent you from running a business.

stripepaymentalternativespayoneer

youtube ↗Sales

After gaining a client, how do you get the contract and transfer payment? Is it via Stripe?

It's straightforward and depends on the platform. On Upwork they handle payments, escrow, and invoices, so beginners don't need Stripe or a business account. Otherwise, ask the prospect for a fixed-price or hourly offer based on your negotiation; you can split payments into milestones (e.g., 50% up front, 33% each). The prospect creates an offer, you accept, and the money goes into escrow—a neutral account that releases funds when you submit the agreed deliverables. To reduce drop-off, combine the proposal, contract, and invoice into one document after the sales call; the client signs, a payment page appears, and after the invoice you receive an email booking the onboarding call. This cuts the funnel loss from ~40% to ~20%. US companies tend to move faster through this process than European ones, which often require more steps.

paymentcontractupworkescrow