It’s no secret that Fiverr is the world’s most popular online marketplace for selling services. Besides its ease of use, it provides a secure environment for the entire community of freelancers it hosts.

However, don’t dive in without understanding how to get paid on Fiverr and how payments work there.

It’s not complicated, but it’s something you need to know. In this post, we’ll explain what you need to know to receive your money on Fiverr from Mexico, including the available payment methods and the steps to withdraw funds through each one.

Keep reading and clear up your doubts.

How to Get Paid on Fiverr: How It Works, Steps, and Available Methods

How Do Payments Work on Fiverr?

Before using Fiverr to earn money from Mexico, you must understand how payments work.

First, the buyer deposits the funds after placing their order, and that amount is held to ensure the transaction. Once you deliver your work and the client is satisfied, the platform releases the funds after a clearance period.

From that point on, you can withdraw your money using the different payment options available.

Luckily, this system ensures both parties (buyer and seller) are benefited and feel secure.

What to Consider Before Withdrawing Your Money on Fiverr

There are also other elements to keep in mind before trying to withdraw your money on Fiverr, such as:

• You can only make one withdrawal every 24 hours.

• The options for receiving your earnings depend on your country of residence.

• The minimum withdrawal amount is 1 USD*, and the maximum is 5,000 USD.

• The available balance must be withdrawn in a single transaction, as it cannot be split.

• If you decide to change the payment method, you must wait 24 hours before making another withdrawal.

• Each provider has its own fees and processing times.

• Even if the funds are available, the release process can extend up to an additional 12 hours to fully process.

Additionally, the fund clearance time isn’t the same for everyone. It varies between 7 and 14 days, depending on your seller level on Fiverr.

For example, the timeframe for Pro, Top Rated sellers, or those with the Seller Plus Premium membership is 7 days.

How to Add a Payment Method on Fiverr

How to get paid on Fiverr? First, you need to add the payment method you’ll use.

Fortunately, platforms like Freelancer and Fiverr have more than one method to collect your earnings. Unfortunately, in Fiverr’s case, you only have two if you open an account from Mexico: PayPal or Payoneer.

You may see a bank transfer option on Fiverr, but that’s only available for the United States.

That said, here’s the process to add a payment method:

1. Log in to your Fiverr account, go to the “Selling” menu, and click on “Earnings.”

2. Look for “Manage payment methods” under “Available Funds.”

3. Choose the method you’ll use to receive your money.

4. Then follow the instructions to correctly set up the method.

Once completed, you’ll be able to make your first withdrawal without complications.

How to Make a Withdrawal on Fiverr: Step-by-Step Guide

Now that you know how to get paid on Fiverr as a freelancer, let’s detail the steps depending on the chosen option.

Fiverr Payment Method:

Withdrawing via PayPal

Many freelancers opt to set up a PayPal account to receive their payments. If you have an account, it makes sense to choose it.

Fiverr PayPal Steps:

• Go to the “Selling” section and click on “Earnings.”

• When withdrawing funds, you’ll see the “PayPal Account” option at the bottom; click on that button.

• A message will appear indicating the withdrawal process has started and/or a phone verification.

• Fiverr will send an email with a link you must click to confirm the operation (if it’s your first withdrawal).

Note that this process must be done from a desktop computer the first time. After that, you can do it from the app if you prefer.

Withdrawing via Payoneer

This option requires a Payoneer account, which can be used for international bank transfers or to top up a Payoneer card.

Steps for Payoneer:

• Choose your Payoneer account in the “Withdraw funds” section.

• After confirming the amount, Fiverr will transfer the funds.

• You’ll receive an email notification or see a window confirming the transaction’s success.

If you have a Payoneer account, you’ll receive the money within minutes, no matter your location. Also, Fiverr does not charge a commission for Fiverr to Payoneer transfers.

Once you have the funds in Payoneer, you can transfer them to a bank account in Mexican pesos or to an optional Payoneer card. However, this may involve a currency conversion fee.

Direct Withdrawal (U.S. Only)

As mentioned, bank transfers are available for those who register and have an account in the United States.

Fiverr Bank Transfer:

• Select “Bank Transfer” as the withdrawal method.

• Fiverr will notify you that the process has started.

• Next, check your inbox, find the email sent by Fiverr, and click the provided link to continue.

• The link will take you to a landing page where you can start registration.

• Click “Get Started” and follow the instructions to finish the process.

Minimum Amounts and Processing Times for Payment Methods:

Any service you use to receive payments may charge additional fees.

Also, note that Fiverr does not allow more than one active payment method; you can only select one. If you want to change it, you must remove one to add the other.

DolarApp to Save on Conversion Rates

Fiverr clarifies on its website that if you withdraw in currencies other than USD, you’ll have to pay additional fees for currency conversion.

Therefore, as a freelancer in Mexico, we suggest transferring your earnings to a digital dollar account at DolarApp, either from PayPal or Payoneer.

With DolarApp, you can convert your digital dollars to pesos without paying an additional commission. You also won’t have to wait days to see your money in your account, as it becomes effective almost immediately.

We strive to offer a fair exchange rate for you.

Finally, we remind you that it is your duty to declare Fiverr taxes if you are registered with the SAT as self-employed.

FAQs

Does Fiverr charge any additional commission for withdrawal?

Fiverr does not charge fees for processing withdrawals, but third-party services like PayPal or Payoneer may apply their own fees, especially when converting currencies.

Why don’t my earnings update when I set my local currency?

Fiverr uses the US dollar as its primary currency, which is why your earnings are reflected in USD. Still, it’s possible that your overall balance may show earnings in pesos.

What should I do if I have problems withdrawing money on Fiverr?

First, check with PayPal if your account can receive funds or if there are any restrictions. Then ensure it’s fully verified. Finally, contact Fiverr’s support team to review the problem in detail.