What Are the Best Ways to Transfer Money to Brazil?

Freelancing has experienced a boom in Brazil over the last decade. Many people choose to work on their own for the liberty this provides them to pursue the career of their dreams, regardless of geographic boundaries, and on their own schedule.

As an employer, this boom in remote work is good news for you, as you get to tap into a great new pool of talent. And once you find the ideal candidate, you might want to consider the best and most efficient ways to transfer money to Brazil.

Making a money transfer to Brazil has never been easier. One thing to keep in mind before choosing a payment method is this; always learn all the pros and cons that come with each payment method. Do your research and choose the most convenient way to send money online.

Here’s our run of the most popular methods.

Transfer money to Brazil with freelance platforms

Paying your employees from Brazil with a freelance platform is one of the easiest solutions. They will receive the payments through whichever platform you choose to use. The platforms feature automatic payments, so employers don’t have to set the date and time of the transactions.

Most platforms allow for a range of payment methods to be used, including debit/credit card, bank accounts (for employers based in the US), and PayPal (which we cover in more detail below).

The transfer involves taking money from the employer’s account and sending it to the freelancer. You don’t have to worry about scheduling payments since the system does it for you. Just make sure that your account balance covers the payment you agree upon with your employees. The rest can be left to the freelance platform.

Some popular freelance platforms include Upwork and Freelancer.com.

Transfer money to Brazil with PayPal

PayPal is one of the most frequently used money transfer methods in the world. This service is available in almost every country, and creating an account is safe and easy. Many companies use it to pay their freelancers and employees, so it’s been tried and tested by multiple people. PayPal is available in 203 countries, including Brazil.

Many companies are willing to use PayPal’s mass payment feature. It allows them to make a single bulk payment to send money to multiple recipients at the same time. The employer only needs the email addresses of the recipients to make the payment, so the entire process is convenient and fast. The best part is that you can do it using either a computer or a smartphone.

Hubstaff integrates with PayPal so you can send out payroll automatically and hassle-free.

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Send money to Brazil with Payoneer

Employees want to get their hard-earned money as quickly as possible. They appreciate fast payments that they can see in their bank accounts right away.

Payoneer is very handy when it comes to making fast money transfers. Employers use it because it is faster than any other payment method, including PayPal. Waiting for money to be transferred is not something everyone has the patience for, and Payoneer only needs 24 hours to process the funds.

Basically, this service works by creating a Virtual US Bank account that allows you to withdraw money from any other merchant in just a few hours. Sending money is as simple as it can be. You can even use services like Hubstaff, and after a few clicks, you will have uploaded money to your account and sent it to the employees of your choosing.

Learn more about Hubstaff’s Payoneer integration and how it can help you send out payments automatically.

The downside of Payoneer is the fee that recipients have to pay, which depends on the account type the employer is using. The withdrawal process also involves a charge.

Another thing to note is that the Payoneer customer support team can be on the slow side, so you may find yourself waiting for days to get a response to any concern.

Let Hubstaff transfer money to Brazil for you

The aforementioned methods can be considered a cheap way to send money to Brazil. Hubstaff is an employee management platform that integrates with PayPal and Payoneer and is a convenient, comprehensive solution to manage your remote employees. It’s a time tracking platform that can also be used to coordinate payments to outsourced employees. You can keep track of their work and let Hubstaff automatically make payments based on the tasks your remote workers accomplish.

By using Hubstaff as your main payroll system, you can simplify all of the transactions you have to make as an employer. Your outsourced employees will be satisfied with the way you handle payments, which is a great way for you to motivate them to work harder and faster than usual.

Having the ability to make quick and timely payments is essential in building mutual trust with your freelancers. Providing regular payments shows professionalism and dedication on your behalf. Hubstaff’s time tracking system can be your best choice for taking care of the workflow and payments of your freelancers.

Hubstaff is one of the best platforms to handle automatic payments to employees on a global scale. By using Hubstaff, you can easily send money via PayPal or Payoneer because of the seamless integration. All you need to choose is whether you prefer a manual or automatic money transfer to Brazil, and let the platform take care of the rest.