wroclove.rb - how to get paid in usd and eur and not get ripped off (lightning talk)

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Mateusz Kubiczek CEO & cofounder The Software Java House twitter: @madmattor [email protected]

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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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Page 1: WROCLOVE.RB - How to get paid in USD and EUR and not get ripped off (lightning talk)

Mateusz KubiczekCEO & cofounder The Software Java House

twitter: @[email protected]

Page 2: WROCLOVE.RB - How to get paid in USD and EUR and not get ripped off (lightning talk)
Page 3: WROCLOVE.RB - How to get paid in USD and EUR and not get ripped off (lightning talk)

HOW TO GET PAID IN $, €, £ AND NOT GET RIPPED OFF

Page 4: WROCLOVE.RB - How to get paid in USD and EUR and not get ripped off (lightning talk)

A lot of local companies work for foreign clients

Page 5: WROCLOVE.RB - How to get paid in USD and EUR and not get ripped off (lightning talk)

Getting paid in a different currency can be very painful

Page 6: WROCLOVE.RB - How to get paid in USD and EUR and not get ripped off (lightning talk)

Paypal - sucks

Page 7: WROCLOVE.RB - How to get paid in USD and EUR and not get ripped off (lightning talk)

With Paypal you lose 6-7% of the

money transferred

That’s a lot.

Page 8: WROCLOVE.RB - How to get paid in USD and EUR and not get ripped off (lightning talk)

Never have wire transfers in currencies to PLN accounts

Page 9: WROCLOVE.RB - How to get paid in USD and EUR and not get ripped off (lightning talk)

Solutions

Page 10: WROCLOVE.RB - How to get paid in USD and EUR and not get ripped off (lightning talk)

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

Page 11: WROCLOVE.RB - How to get paid in USD and EUR and not get ripped off (lightning talk)

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)

Page 12: WROCLOVE.RB - How to get paid in USD and EUR and not get ripped off (lightning talk)

BUT with authorize.net you still need to convert the currency

Page 13: WROCLOVE.RB - How to get paid in USD and EUR and not get ripped off (lightning talk)

Use cards in EUR and USD for online services