As a payment system, PayPal is known to be secure and reliable. Likewise, it’s also a great tool to receive funds (that’s right – cash into your account) from various places. If it piques your curiosity, here are 8 ways to make money with PayPal, from doing fun stuff to running an online business. Let’s check it out.
1 – Take Surveys
For the most part, I haven’t had any luck with online surveys. They tend to pre-screen and ask similar questions, multiple times so it’s not really a fun thing to do. Still, it pays so if you are persistent and stick with it, by all means, it’s something you can start immediately.
You’ll collect points along the way for completion and even though the value is minuscule, they do add up very quickly. These are then converted into monetary values which can be redeemed from a PayPal account. Each survey platform has a different conversion, for example;
- Points Prizes offers a $20 PayPal cash prize for every 3000 points. This site is accessible by most countries and it lets you answer surveys, sign up for trials, play games and etc.
- Survey Junkie pays $1 for every 100 points. This site offers solely surveys and it works very well from mobile devices.
- Swagbucks lets you redeem PayPal cash when you reach 2500 points for answering surveys, shop online, watch ads and etc. 100 points is equivalent to $1 so that’s $25 dollars.
2 – Earn Cashback
If you frequently shop online and not utilizing any cashback system, you are missing out on a great deal. Check with your credit card companies to see if they offer any cashback purchases. Otherwise, shop and get cash back rewards through a PayPal account.
The process is quite simple. Visit a cashback site and look for retailers to buy from. When you click on a particular offer, it will redirect you to the merchant’s online store to complete the purchase. Depending on the brand, the percentage could range anywhere between 1% to 10% (or more) of the paid amount so it’s quite a budget-saving tactic.
- Rakuten Ebates – A popular cashback site that partners with many familiar brands. Members must register their name and mailing address in order to qualify for the payment (balance must be greater than $5) which occurs every 3 months.
- TopCashback – Another site that actually passes 100% of the money value to you. Their offers are available in many countries and not just limited to the US region. Once the cashback reaches a payable status, you can receive the payout immediately through PayPal.
- Ibotta App – Earn cashback from shopping in-store or online at various grocery outlets, supermarkets, pharmacies, movie theatres as well as dining restaurants through your mobile phone. When you reach the $20 withdrawal threshold, you can request for payment through PayPal or any gift cards from your choice of outlets.
3 – Deliver Specific Task
Ever heard about the gig economy? It’s a form of small job that earns side cash for delivering a certain task to the clients. In most cases, the job doesn’t require paper qualifications. You just need to be good at it or rather, talented I would say. Some tasks are location specific while others can be performed online.
- Rover – For dog lovers, you can work part or full time, pet-sitting for other people in nearby areas through a program called Rover. There are dog walking and boarding tasks to choose from and depending on the level of commitment, you can earn anywhere between 1K to 3K per month.
- Fiverr – A huge gig marketplace that lets people buy your service from $5 onwards. You can offer anything from graphic designs, language translation, and even physic reading (no, seriously!). It’s amazing the variety of tasks that people are willing to pay for nowadays.
- Dietbet – Want to lose weight and get paid? This program will reward you between $10 to $999 for completing each exercising game. No kidding. Every time you lose a pound, you are this much closer to earning a slimmer body and a big check for yourself.
4 – Teach Online
Individuals from various fields are now utilizing the internet to sharpen their skills and knowledge. Due to time and cost constraints, many people are opting for single-topic lessons that are easier to learn and access versus the traditional certifications. If you have ample experience in a particular field (plus, a background in teaching would be awesome), then you should really come up with a course to teach online.
- Udemy – There’s no fee to become an instructor in this marketplace. Each course can be sold for $10 to $150 and Udemy takes a percentage of the sale depending on where the transaction is coming from. Your highest share portion derives from customers using an instructor’s coupon code, which relies on your ability to drive traffic to your course(s).
- Teachable – Unlike marketplaces, this membership program lets you design and build courses to sell professionally through a site or blog. You’ll be promoting on your own, but you’d also get to fix your own selling price and keep all of the profits.
5 – List Your Property
Not everyone has a property, but for those who do and are underutilizing it, you should consider renting out for an additional income that can be used for supplementing any maintenance expenses. Interestingly, the internet has two specific places for you to do this.
- AirBnb – List a spare room or the entire house on this accommodation booking site for short or long term travelers. Renting fee is usually based on the value of the location and the payout is usually available 24 hours after the customer checked into the premise.
- Turo – Do you have a car that sits in the garage all the time? Let other people rent it through Turo and earn anywhere between $2K to $16K per month (if not more) depending on the value of the car. The payout is usually available 30 minutes after a trip ends and can be transferred directly to a US bank account or PayPal for other countries.
6 – Online Fundraising
Financial support is important for any form of charities, schools or campaigns. Fortunately, PayPal has a donation feature that can be easily integrated on sites and blogs to receive funds online legitimately. Nonprofits have to verify their status before they can withdraw any donated funds, hence having the PayPal logo will certainly make your organization look more trustworthy.
7 – Online Store
The ability to offer different checkout methods for customers can improve sales conversion for a retail business. Therefore, besides credit cards, you should also consider adding a PayPal payment to receive funds immediately after the transaction. The video above shows how you can add a button to your payment system on a pre-existing business site or if you are entirely new, you can also use eCommerce providers like Shopify (for physical goods) or Easy Digital Downloads plugin (for digital goods) that integrates with PayPal out of the box.
8 – Affiliate Marketing
PayPal is one of the most common methods to receive commissions from affiliate programs, especially with private ones that offer high ticket items or digital products. The payout is usually immediate, but merchants may hold the commissions for a few days in case of refunds.
Online courses, membership subscriptions and hosting services are some of the high-ticket affiliate products that are good for promotion as long as they are relevant to your niche. For example, this business training program pays between $8 to $175 per referral if you run an online marketing blog. As for affiliate networks, Rakuten Linkshare is one that pays via PayPal while others appear to only use direct deposit or check delivery.
What’s Your Money Making Idea?
Clearly, there are many ways to make money with PayPal, so if you haven’t set up an account yet, go ahead and get one now. It’s a fast and secure monetizing tool that gives you more opportunity to partner with reputable brands and merchants in any kind of industry.
I hope this list has offered some helpful ideas. If you have any questions/comments please leave them in the space below or visit my favorite training platform for more income-generating ideas.
Gno says
WOW! Your post is the most helpful I ever read. Any beginners who want to earn money online will find it useful.
PayPal is one of the safest way to pay/receive/transfer money online. I don’t really use it because I am a Forex and Crypto trader. Most of my earnings come in the form of BitCoin, so I can trade with that without converting. But I do use PayPal sometimes to buy things online.
Online earning is not easy, but if someone read your post thoroughly, they will likely find something suitable for them. I am a Wealthy Affiliate member and I totally trust that their training works. For those who want to start an online business without breaking the bank, this is definitely the platform to check out.
Cheri says
I’ve used PayPal for a few years as a more-secure way to pay for goods and services online, but I hadn’t considered a lot of these money-makers that could help PayPal “work for me.” This article was quite an eye-opener for me.
I’m not much of a shopper and don’t think taking surveys would appeal to me, but I’m going to give some serious thought to whether I might be able to do some teaching online. I just might find a fit! Thanks so much for your insights, Cathy.
Cathy says
No problem, Cheri. Glad you found it useful.
Melissa says
Hi Cathy,
I often accept PayPal payments from eBay as I like to sell things there, but I don’t do that anymore because most of my stuff is now donated to our local charities. I tend to sell bigger items through eBay that are difficult for me to donate because it’s hard to transport them anywhere, such as unwanted furniture. eBay is fantastic for that. And of course, I use PayPal for purchasing too.
You’ve got some awesome ideas here – I’ve never heard of Rover and DietBet before – that sounds like the best thing ever! These are very clever tips and they are worth investigating further.
Jerry M says
Hi Cathy, as a newbie going through the basics of affiliate marketing, I think we have to be very careful when selecting the type of programs to partner with. Since there are so many scams out there, those that use PayPal as mode of payment would present themselves as more legitimate than the others. This is a good list to go through.
codevonish says
A very diverse and interesting options, with some not-so-attractive opportunities and a few interesting ones. Overall, I think a PayPal button adds legitimacy and confidence. For some, the rewards were too little for the time spent. On the other hand, AirBnB is probably the pick of the crop, as you are the one setting the price, but I am guessing one must be a property owner.
Cathy says
Well, that’s not entirely true. In my make money strategy with AirBnb post here, I’ve listed some ways one can monetize even without a property. Have a read and you’ll know what I mean.
Jamiro Hazel says
I am always looking for ways to earn/make money online and I love that your article gives us ways on how to safely do that. I do a lot of online shopping so the cashback apps are my friends! Who doesn’t love getting some money back after spending, right?
This information is great for college students, stay at home moms and dads or just anyone looking to get an extra income. Of course, one should consider doing affiliate marketing for long term monetization strategy. There are so many affiliate programs opportunities nowadays.
sheilandc says
This is very helpful and I love the idea of getting paid via PayPal. It sounds more legitimate and safe. I have never heard or tried Ebates though. Currently, I am using Ibotta, but would like to try a different program to make some extra cash. Will definitely check out your other recommendations here.
Alice A. says
I often use PayPal for my online transactions because it’s more secure and reliable. I think most people these prefer this system because they do not have to enter their credit card details for every transaction. That’s a good thing because so many scammers are taking this opportunity to steal personal bank information.
Before I had a website, I was doing paid surveys online, but I never got to collect my earnings because I did not meet the cash out threshold. Like you say, the questions were quite similar and very redundant. Guess what? I got bored too.
I haven’t thought about the cash back system though. I love shopping online, especially during special promotions and can certainly take advantage of this. Since I live outside of the US, I will check out TopCashback. Hope to make some extra cash this holiday season. Thanks for all the tips.
Maria says
Not all places that make money online are good. I have tried doing surveys and it is a waste of time, in my opinion. I’ve also tried teaching through two sites and got nothing out of them. Your post gave me an idea I’ve never thought about before – creating my own online courses and promoting through my blog and social media. I would love to try this route and see how it turns out.
Thanks so much for the inspiration 🙂
Cathy says
Hi Maria, I am glad you benefited from this.
Nuttanee says
Hi there. Never heard of DietBet until now. What an interesting concept to earn money while losing weight. Who doesn’t love that?
At the moment, I am using this app called Receipt Hog. Basically, you just snap a picture of your grocery receipts or gas and send it to them. The pay isn’t much, but it is better than nothing in my opinion. They do have random surveys as well where you can earn their coins and redeem through PayPal.
Cathy says
Hi Nuttanee, thanks for the suggestion 🙂
julienne murekatete says
Great information you have here. People are interested in making money online these days and it is very important for them to know which way they can use to get money without being scammed. I’ve actually not try cashback sites like Ebates before. Considering how often I shop online, I think I am missing a lot of opportunity here. Thanks for the tips.
Fiona says
Some great money making ideas that I hadn’t thought about before. I currently take surveys during my commute to work – not the most lucrative, but it provides a bit of pocket money. DietBet sounds quite interesting and would be great for after the Christmas indulgence period.
I’m also quite intrigued by the online teaching opportunity – this would be something I’d look into to complement my skills and my new site.
Cathy says
Hi Fiona. The teaching opportunity is certainly available for every niche as more people use the internet as an eLearning platform to improve on their skills and knowledge. I hope you’ll find a subject matter that can help to market your expertise through your blog.
Nicolette Gomez says
Hey Cathy!
I love this awesome piece about making a little extra cash with PayPal. As there are many scams out there, it can be challenging to find honest merchants who legitimately use this payout system. It’s interesting to come across Fiverr – I’ve not heard about it. Thank you for sharing the knowledge.