Muzeg operates with several payment providers, which are at your disposal to take out your earnings in USD. Some essential withdrawal methods include PayPal, Hyperwallet, Payoneer, and Bank Transfer through Payoneer. Here is a breakdown of the Muzeg payment and withdrawal fees.
Payment Providers and Options
PayPal
PayPal is a globally accepted payment platform. For the list of supported countries and currencies, check its official website.
Charge: 2% of the amount requested, depending on the country.
Hyperwallet
Hyperwallet is a service offered by PayPal that has lower service fees.
Fee: 1.5% of the amount requested - varies by country.
Payoneer
Payoneer is another popular method of payment.
Fees: $3 flat fee per transfer.
Muzeg makes payments through Payoneer to the bank account that you specify.
Transfers to US banks: $1.5 flat fee.
Transfer to bank accounts via local currency routes: $3 flat fee and about 2% on currency conversion charges.
Transfers to all other countries: $15 flat fee. There could be other intermediary or loading fees.
Minimum Withdrawal Amount
At least $30 of Muzeg Credits can be withdrawn.
More Important Considerations
Muzeg shall charge no withdrawal fee. However, the payment providers do charge fees based on your country. Check the payment provider's website to see location-specific fees.
Typical Fees
Here's a glance at the average costs between each type of payment provider:
- Paypal: 2% of the amount requested.
- Hyperwallet: 1.5% of the payment request.
- Payoneer: $3 flat fee per transfer.
- Bank Transfer via Payoneer:
- US banks: Flat fee of $1.5. Local Currency Routing
- Bank: Flat fee of $3 + exchange rate (~2%).
- Other foreign countries: $15 flat rate fee. Additional fees apply. When Will You Get Paid?
When Will I Receive My Payment?
Understanding these payment options and their fees will help you choose the best way to cash out your earnings from Muzeg. I hope you keep teaching!