Choosing how to accept payment is one of the most important decisions you'll make as a freelancer. The wrong choice means losing money to fees, waiting days for transfers, or dealing with frustrated clients who can't pay easily. Here's a breakdown of the most popular options in 2025.

Bank Transfer (BACS / SEPA / Wire)

Direct Bank Transfer
Fee: Usually free

The simplest option — you share your account details on the invoice and the client sends the money directly. Domestic transfers are usually free and arrive within 1–2 business days. International wires can take 3–5 days and attract fees on both ends.

No fees for domestic payments
International transfers can be slow and costly
No third-party risk
Requires sharing your bank account details

PayPal

PayPal
Fee: 2.9% + fixed fee per transaction

Still one of the most widely used payment methods globally. Great for international clients. Watch out for currency conversion fees if you're paid in a foreign currency.

Accepted in 200+ countries
Fees add up on large invoices
Instant transfers between PayPal accounts
Accounts can be frozen without warning

Wise (formerly TransferWise)

Wise
Fee: ~0.4%–1% depending on currency

Wise is the go-to option for freelancers with international clients. It uses the real mid-market exchange rate (unlike PayPal and banks that mark up the rate), which can save you significant money on international payments.

Best exchange rates available
Not as widely known as PayPal
Multi-currency account — hold 50+ currencies
Some countries not supported

Stripe

Stripe
Fee: 1.5–2.9% + 30¢ per transaction

Stripe is ideal if you want to send clients a payment link they can pay by card. It integrates with many invoicing tools and provides a professional checkout experience. Best for higher-volume businesses.

Clients can pay by card — no account needed
Fees are higher than bank transfers
Excellent for recurring payments
Requires some technical setup
Our recommendation: use bank transfer for local clients (it's free), Wise for international clients (best exchange rates), and PayPal as a fallback for clients who prefer it.

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Use the notes field in our free invoice maker to include your preferred payment details.

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