People are finding more and more ways to earn money today. They're driving rideshares, transcribing audio, and completing projects on platforms such as Upwork. These are all completely valid forms of making a living in this digital world. After all, somebody has to pay those bills.
Another earning method that's gaining popularity is survey completion. Here, people answer simple questions pertaining to products and services. Companies then use the results of the surveys to make better marketing and product design decisions.Â
How to Transfer Earnings From Digital Survey Platforms
It's really easy to create an account on a digital survey platform. Moreover, answering the surveys doesn't take a big chunk of time. One can do it while commuting or eating lunch. Even if you complete a handful of surveys a day, your earnings can add up. Pretty soon, you'll be reaching the point where they're above the payment threshold. What do you do then? Here are your options.
Gift Cards
With gift cards as payment options, survey participants get a broad range of retailer choices. These can be for everyday essentials, luxury goods, or entertainment. For example, Pawns.app offers surveys for PlayStation Plus gift card rewards. Naturally, this attracts a younger demographic.Â
With gift cards, participants not only get instant gratification but also view the survey provider positively when it offers rewards related to well-known and trusted brands.Â
PayPal
PayPal is the freelancer's best friend. So, if you're getting your feet wet in the realm of digital surveys, it's best to familiarize yourself with it. Opening a PayPal account is simple, and so is linking it to your existing bank account.Â
Many survey providers offer PayPal as a payment option. They usually process payments periodically (once a week or every fortnight). The money transfers immediately to the participant's PayPal account, which they can then use to pay for things online or at physical stores.Â
Cryptocurrency
You've probably heard of Bitcoin and Ethereum by now. These are two of the most popular forms of cryptocurrency. If you don't have a crypto wallet, it's about time you got one. It will hold various cryptocurrencies, and you can use it to receive payments from digital survey platforms.
The value of crypto fluctuates dramatically daily (or by the hour), so keep that in mind when picking this payment option. However, if you're a firm believer in decentralized finance, you'll understand that crypto is the future.Â
Bank Transfer
If there's one payment method that's accessible to most, it's the bank transfer. After all, most of us have bank accounts already. Now, the question is, will every survey platform offer direct bank transfers? Unfortunately not. Nonetheless, there is a smattering of survey sites with this option. If you're interested in bank transfers, do note that you may have to pay a small processing fee. This amount, however slight, does eat into your hard-earned money.Â
Vouchers and Coupons
Imagine having a meal at a restaurant and not having to pay cash for it. That's possible with a voucher you receive as payment for completing digital surveys. Restaurant vouchers are only one of many options; you may also get discounts at retail stores, airlines, and hotels.Â
Here, picking the right digital survey platform is vital. If the survey site does not partner with retailers available in your locale, you're on the losing end. The great thing with vouchers and coupons is that you're free to redeem them whenever you want (but watch for expiration dates).
Charitable Donations
Charitable donations have changed the survey landscape for the better. With this payment option, people can support charities of their choice and foster a sense of belonging. If they want to help animal shelters or plant trees, they can do it at the click of a button.
This payment method targets a specific group of people. They are socially conscious and feel that they have a responsibility to help others. As for the digital survey platform, giving participants a chance to donate to a charity of their choice puts them in a positive light. It's a win-win-win situation.
Picking the Right Survey Platform Is Key
Here's a question that might have popped up throughout this article: do all survey sites provide these payment options? The answer is no. Some offer only PayPal transfers and gift cards, while others let you donate to charities and offer discount vouchers. Therefore, as a survey taker, you must consider payment options when picking a platform. Do your research, and don't waste your time on one with negative assessments on third-party review sites.Â
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