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How to get paid in USD and EUR and not get ripped off Llightning talk given at wroc_love.rb 2014
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Mateusz KubiczekCEO & cofounder The Software Java House
twitter: @[email protected]
HOW TO GET PAID IN $, €, £ AND NOT GET RIPPED OFF
A lot of local companies work for foreign clients
Getting paid in a different currency can be very painful
Paypal - sucks
With Paypal you lose 6-7% of the
money transferred
That’s a lot.
Never have wire transfers in currencies to PLN accounts
Solutions
Wire transfer to currency account and an online exchange
Alior Bank is great (kantor.alior.pl)No fees and a tiny spread vs market rates
Only about $20 - $50 transfer fee
Authorize.net (or other card processor)
2% - 2.5% feeClients can use credit cards
Painful to get it up and running (a lot of paperwork)
BUT with authorize.net you still need to convert the currency
Use cards in EUR and USD for online services