I signed up for a Payoneer debit card, a company that offers prepaid mastercard debit card. No, I have not got it from getafreelancer.com or utest.com. The site that Im working with is a different company.

Let me tell you about the card. It is an online debit card, and has got embossed numbers. Everytime money is loaded into it by you or the company that is paying you, there will be a 2% service charge. And, when you are in India, and you make payments in INR, another charge of 3% applies towards currency conversion service charges.

And, if you are withdrawing cash from ATMs, there will be another static charge of $2 per transaction. So, for every $100 that you withdraw, there is a fee of $7 that you pay them, and you get to keep $93. If you are just making purchases in India, You get to spend $95 for every $100 that you load in it. And if you are making any online purchases in USD, like buying a domain name or a hosting, your cost per $100 is only $2.

But still, loading money getting charged is a bad thing. You should have that atleast for free.

The best way to bring in money to India is still Paypal, and now that they have launched the NEFT feature with which money can be transfered to your bank account, and you dont have to request cheques or anything makes it even better. In just about 48 hours time, any money that you withdraw hits your account, though they say that it might take 5 to 7 days to be on the safer side.