PAYROLL INSTRUCTIONS

We offer two forms of payment options. PayPal and Upwork.

PayPal
You will need the following when setting up a new PayPal account or verifying a more recently
opened account.

 Active email address

 Active Mobile Number
 Valid IDs for verification
 Bank Account in the Philippines or United States
 Debit Card or Credit Card (optional)

When using PayPal outside of the United States you will need to have a US bank account or
Bank accepted by PayPal to access and withdraw funds.

Upwork
When using Upwork please be mindful that direct-to-local bank payments take up to four
business days to arrive at your bank and fees are included. The fees associated with using
Upwork (fees are subject to change) are as follows.

 $0-$500 in earnings from a client: 20% service fee applied to earnings.

 $500.01-$10,000 in earnings from a client: 10% service fee
 $10,000.01 or more in earnings from a client: 5% service fee

Example: On a $600 project with a new client, your freelancer service fee would be 20% on the
first $500 and 10% on the remaining $100. Your earnings after fees would be $490.

Discrepancies with any requirements listed above need to be directed to PayPal or Upwork
directly. We are in no way associated or licensed with either party and cannot change the
requirements or guidelines listed. If you have any other questions or concerns, you can email
accounting directly.

Versatel Marketing Accounting Department

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