With Payoneer, I can receive my payments in a fast and secure way to my local bank account or withdraw at ATMs worldwide.
Challenge
High fees and long wait times to receive funds in Egypt
Solution
Local bank transfers to Egypt, ATM withdrawals, as well as the US and EU Payment Service
Result
Ability to work with companies in the U.S. and Europe, and a 300% growth in business.
Working online was great solution for me, but the question remained – how do I withdraw my earnings?
My name is Mohamed Eldeeb and I’m a senior video editor, color correction and color grading specialist. I started working in video editing on 2005 as a video assistant in a production company here in my city, Alexandria. I remember working around the clock under tremendous pressure to deliver my videos in a short time to customers, and at the same time getting paid a moderate salary that didn’t reflect the huge efforts I was making.
Later, I started to work as a freelancer in a wedding cinematography company but again, the hard job I was doing and the low salary pushed me to start looking for different opportunities. That’s why I decided to become a color correction and color grading specialist.
In 2008 I started my work as an instructor for video editing, color grading and visual effects at EAAC center (Cairo) and VFX academy (Alexandria). After the revolution my job opportunities decreased dramatically and so did my work as an instructor because of the bad security situation and the curfew following it. It was really hard times for Egypt, no work, no new projects and no chance to work normally.
After the birth of my second son, I knew that I must start to work online. My first step was to create a profile on oDesk to provide my services as a video editor. I still remember myself receiving $180 for my first project. After that, I began receiving more and more requests for projects. The increase in my work on oDesk convinced me to start providing my services on additional online platforms so I started working also on Elance, Guru and Freelancer.com.
Working online was great solution for me, but the question remained – how to withdraw my earnings? At the beginning I transferred funds from oDesk to my bank account in Egypt, but soon I discovered it was a bad idea: I paid almost $30 for each transfer with additional %3 fees charged by my bank and I had to wait 10 days to receive my money! This cost me a lot of efforts to track my earnings and waste of time that I didn’t have. That’s how I discovered Payoneer, the best way to get paid for work done online.
Using Payoneer helped me increase my growth by about %300!
With Payoneer, I can receive my payments in a fast and secure way to my local bank account or withdraw at ATMs worldwide. What I most like about Payoneer is the low fees when withdrawing to my local bank comparing with others, as well as the U.S. Payment Service and EU Payment Service that allow me to work with companies inside the U.S. and Europe and get paid directly to my Payoneer account. Using Payoneer helped me increase my growth by about %300!
