How Vietnamese Tech Freelancers Can Receive International Payments and Withdraw in VND

Introduction

Getting paid should be the easiest part of freelancing—but for many professionals in Vietnam, it’s one of the biggest hurdles. International clients offer exciting opportunities, but high fees, slow transfers, and poor exchange rates can make receiving payments a frustrating experience.

Fortunately, Transfi provides a seamless way to receive payments from abroad. With virtual accounts, you can access your earnings faster, exchange currencies at competitive rates, and withdraw funds directly to your Vietnamese dong (VND) account—without the usual complications.

Common payment challenges for tech freelancers in Vietnam

Freelancers in Vietnam often experience difficulties when getting paid by overseas clients, including:

Costly transaction fees: Traditional bank transfers and payment platforms impose substantial charges.

Delayed payment processing: Transfers can take several days before reaching a local bank account.

Unfavourable currency conversion rates: Many services offer poor exchange rates, reducing overall earnings.

Limited access to funds: Some payment services have withdrawal restrictions, complicating access to money.

To overcome these challenges, Vietnamese freelancers need a fast, affordable, and convenient way to manage international payments.

Selecting Secure and Efficient Payment Platforms for freelancers in Vietnam

Choosing the right payment platform is crucial for getting paid faster as a freelancer. Let's explore some top options:

Transfi

TransFi Bizpay offers multi-currency support, for both collections and payouts. This means that freelancers can receive payments in any currency and have the flexibility to hold, convert, or withdraw funds as needed. TransFi's platform is designed to facilitate seamless cross-border transactions, making it a viable option for freelancers seeking efficient payment solutions.

PayPal

PayPal is a trusted choice for many freelancers. It offers quick payments, handles currency conversions, and provides seller protection. With over 300 million customers worldwide, it's widely accepted. However, be aware of fees, which can range from 2.9% to 4.4% for cross-border transactions.

Wise (formerly TransferWise)

Wise is gaining popularity for its transparency and competitive rates. It allows you to send payments to over 70 countries, often with better exchange rates than banks or PayPal. Half of all payments arrive within 1-3 business days.

Stripe

Stripe is developer-friendly and ideal for freelancers with technical skills. It offers robust APIs for easy integration and supports various currencies. Stripe's security measures include encryption and fraud detection.

Winvesta

Winvesta stands out for its transparency and speed. It offers zero fees for joining, maintenance, and incoming wire transfers. You can receive payments from over 180 countries in 30+ currencies, with transactions typically credited within 1-3 business days.

Razorpay

Razorpay is a popular online payment gateway in India, known for its user-friendly interface and a wide range of preferred payment methods. It is a top choice for freelancers and small businesses looking for an efficient payment solution.

How to receive payments from clients using Transfi

Transfi makes it easy for freelancers in Vietnam to get paid by clients across the world and get paid in VND. Here’s how you can start receiving payments effortlessly:

Register and get your Transfi account

Share your banking details with clients

Once your Transfi virtual account is set up, provide your payment details to clients based on their country

Receive payments securely and without delays

Funds are credited promptly to your Transfi account, ensuring quick access without unnecessary waiting periods.

With Transfi, freelancers in Vietnam can avoid expensive intermediaries, receive payments easily from international clients, and gain faster access to their earnings.

Also read: How Vietnam Remote Employees Can Get USD Payments and Cash Out in Crypto and Vietnamese Dollar

Benefits of using TransFi for international payments

Transfi provides multiple advantages for Vietnamese freelancers working with overseas clients:

Free virtual accounts: No need to open a foreign bank account to receive payments.

Faster processing times: Get paid quicker compared to traditional wire transfers.

Lower transaction costs: Save money on excessive service charges.
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Hassle-free withdrawals: Transfer your earnings conveniently to your Vietnamese bank account.

Conclusion

If you’re a freelancer in Vietnam looking for an easy, secure, and cost-effective way to manage payments from clients across the world, Transfi Bizpay is the ideal solution. With virtual accounts in major currencies, you can receive funds without worrying about bank delays or high transaction fees.

When choosing the right platform for payment as a freelancer in Vietnam and other finance operations, users should consider factors such as integration compatibility, processing fees, supported payment methods, security features, and the reliability of customer support. The best platform for you will depend on your specific requirements, such as the volume and frequency of transactions, the countries you're dealing with, and your budget. Checkout Transfi’s Bizpay for easier transactions, faster payouts and collections and simplified transfers.

Frequently asked questions (FAQs)

What are the common payment challenges for freelancers in Vietnam?

Costly transaction fee
Delayed payment processing
Unfavourable currency conversion rates
Limited access to funds

What are some of the efficient payment platforms for freelancers in Vietnam?

Transfi
Paypal
Wise
Stripe
Razorpay

How can freelancers accept payments from international clients?

Freelancers can receive international payments through various online platforms such as Transfi, PayPal, Stripe, Wise, and Amazon Payments. Other methods include using Letters of Credit, International Money Orders, or International Wire Transfers.

How do Vietnamese remote workers get cross border payments?

Vietnamese remote workers can get international payments via digital wallets, border payment platforms, or platforms like TransFi BizPay, which provides instant and easy transactions.

Why is Transfi one of the best platforms to accept payments?

Easy scheduling and managing
Low fees and transparent pricing
Realtime global access
Integration with payment platforms
Variety of payment methods
Security and legal compliance

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