Cash out Paypal with Elance

Hey Guys,

New to the forum, I have been reading here for quite some time however and have decided to join in finally. So I am getting ready to cash out on 2 of my stealth paypal accounts. I have registered on Elance and posted a project. How exactly does this method work? I know I obviously create an employee account and bid on the project, etc, making me the winner. But whats next? How does the payment work? Do I end bidding early or actually get to pick who gets my project and then pay them, and how long does the processing take of payment. I read that freelance and elance may limit and hold payments if they suspect something. Any with experience on this? I would love to get direction here and then post my experience myself to share with everyone in a step by step process. Thanks.

I have read this does not work very well anymore.

Wow really? Anyone else can confirm this and maybe provide an alternative method besides the obvious of linking an account one of the stealth account or debit carm and withdrawing somehow. Any help is appreciated. Would like to know before I proceed with involving ELance

Why not add a bank account to withdraw?

Elance does work, but you're going to need 2 different accounts; one to "hire" and one working as the contractor.
The disadvantage of the method is that Elance does take a pretty hefty 20% fee or something, and sometimes they hold the payment until the one that hires releases the payment (which shouldn't be that hard, since you're both people, if that makes sense).

Hope that helps you

johnwise said:

You can link a US Bank Account to cash out your PayPal account(s). Or, you can use a PayPal Cash out service if you need your money from your PayPal account in a rush. "Virtual Pay Pal" is one such service provider.

Hope this helps. Good luck!

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why are you bumping all thread related to paypal cashout ?

what else can we use besides elance?