What is the difference between PayPal and a regular card or bank in Russia in terms of freelancing?

Question

Freelance

Hello everyone, how does PayPal differ from others in terms of freelancing and why is it advised to withdraw unconfirmed funds from abroad from the same Upwork? Why is this money not seen or how is this process taking place? Can anyone please explain

Answer 1

I'm not going to claim who sees what.
The simplicity of the stick is that it does not require confirmation of international transfers and there are no currency controls. And the bank can ask at any time - where does the money come from?
Small amounts are more profitable to transfer via PayPal. there is a percentage of the transfer.
If you transfer them through banks, then the commission will start from $30 as a rule.
Stick money is harder to spend. Few people accept it as a payment system. From large only ebay. You can withdraw money to a Russian bank account. When withdrawing a currency, it will be converted at a very bad rate.

Answer 2

Yes, the same is true for Paypal and banks and NGOs
from the point of view of a freelancer, you can grab a ban in the same way in a bank or in Paypal, you can also get under financial monitoring

Answer 3

From 07/31/20, the stick stops making transfers within the Russian Federation.