John JonasOwner, OnlineJobs.ph · Scale Your Business with Filipino VAs

How to pay VAs from the Philippines - Practical Advice

5 May 2020 · 2 min

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2:04

John Jonas compares payment methods for Philippine VAs: EasyPay charges 3% for credit cards but transfers free via bank account at the real exchange rate; PayPal is popular but gives a worse rate and takes 5 days; Western Union, Wise, and WorldRemit vary by fee. Avoid Zoom payments, which can freeze your funds.

Questions this video answers

May 5, 2020.

3%.

Around five days.

First payment: a few days; subsequent payments: typically within 24 hours.

Yes — EasyPay uses the actual exchange rate (per the speaker).

Chapters

How to pay a virtual assistant. Paying a VA is so easy. Today There are a couple options. 1. EasyPay is built into OnlineJobs ph. After you hire someone, mark them hired on their profile on online jobs. Then go to your account and next to their name is an easy pay option. You can pay with your credit card or your bank account. Paying with a credit card adds a 3% fee. Where paying with your bank account is free, the process is secure. It's simple. The first payment you send will take a few days for them to receive. After that they should get their money within 24 hours and it uses the actual exchange rate. So that's easy pay inside of onlinejobs ph. The second option is to use PayPal and almost everyone in the Philippines has PayPal and so do you, so it makes it convenient. Just be aware that PayPal uses a significantly discounted exchange rate so your workers won't get nearly as much money and it will take around five days for them to get their money. Now usually I would say this isn't a big deal, except in this case it often is. Filipinos very often live paycheck to paycheck, but it takes an extra five days for them to get their money. You'd be surprised how often that causes a problem for them and their families, like they may run out of money and not eat for a few days. A third option is to use any of the remittance services out there. Western Union, Transferwise, World Remit, there are a bunch of these. Now their policies and fees are all over the place so I'm not going to go into it. If you Google send money to the Philippines, you'll find a bunch of them. The one thing I'll caution you against is using Zoom X O O m. It's a prominent service, but they do not allow business transactions and I've seen too many times where they held money back or were part way through a transaction. They said you can't send this money. And then the Filipino workers are stuck without the money for weeks while the employer tries to figure it out. So just stay away from Zoom. So just to recap, payment options for paying your VA in the Philippines include EasyPay, which is built into OnlineJobs PH, PayPal or any of the remittance services out there. My name is John Jonas and I created onlinejobs Ph.