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Understanding The Fiverr Payment System

Updated on April 26, 2012

Making Fiverr Part Of Your Business Plan

If you're going to make Fiverr part of your business plan then you're going to need to understand how their payment system works. After all, you're in this for the money, right?

The first thing you need to understand is that your earnings potential with Fiverr is really unlimited. Get that $5 figure out of your head right now. Too many people focus on that one, thin little five dollar bill.

What you should be focusing on is the fact that it only takes 20 of those things to make $100. It only takes 200 to make $1000. If you work online even part time there's something that you do at least 200 times a month. You send a Tweet. You 'Like' something on Facebook. You comment on blogs or forums. You sketch for your sketchblog. You write out recipes for your Squidoo lenses.

All of these things - and anything else you do 200 times a month - could easily be making you $5 every single time you do them! There's a buyer for everything on Fiverr.

You also don't need to look at Fiverr as a full-time commitment. If you just want to make a hundred extra bucks a month so you can afford to take in dinner and a movie - fine. Just do it!

But the first thing you need to do is make a commitment that you're going to include Fiverr in your business plan. The size of the commitment is up to you. But you will have to be committed because you're working on a clock!

Before I start, let me make one thing perfectly clear....

I make no money from referring people to Fiverr. As far as I know they don't have an affiliate program. So feel free to click on any links you see. I make these Fiverr lenses because it warms up my writing Muse!

That Rumor You're Hearing is Only Partly True

A lot of people won't even consider working on Fiverr because they've heard it takes 14 days to get paid.

That's only partly true.

Follow me while I walk you through the Fiverr Payment Process!

Step One: The Buyer Orders Your Gig - And the Clock Starts Ticking

Understanding the Fiverr Payment System
Understanding the Fiverr Payment System

We're going to assume you've already created your very first gig. You can get more information about setting up gigs at Follow Me While I Make A Fiverr.

Let's also assume that you've created an Express Gig - which means you're going to deliver within 24 hours.

The very first buyer steps up and orders your gig on Monday at 1 pm. and the clock starts ticking. Your remaining time limit is always displayed at the top of each order, no matter how far out you extend your lead time.

This clock only counts down your time until the delivery is due. It has nothing to do with when you get paid.

Fiverr doesn't care when you deliver, as long as you deliver on time. So if you need a few extra bucks and you want to work ahead on your orders - go for it.

Step Two: You Deliver The Order - And the payment clock starts ticking!

As soon as you click the send button to deliver that gig, you've earned your $5 and the payment clock starts ticking.

Now, one of three things will happen:

  1. The buyer will immediately accept delivery

    If you're really lucky the buyer will be sitting there waiting for delivery. Or he'll at least check Fiverr periodically throughout the day.

    The buyer has 3 days to accept deliver. If, at any time during those 3 days he physically accepts delivery, the 14 day countdown immediately starts.

  2. The buyer never physically accepts delivery

    A lot of things will prevent a buyer from physically accepting delivery - different time zones, they get too busy, they forgot they even ordered anything, life gets in the way, and so on.

    Fiverr gives the buyer 3 days to physically accept delivery and file a dispute if they don't like what they received. If they do NOT physically accept delivery during those three days then Fiverr automatically considers the gig delivered, they give you an automatic Thumbs Up rating, and the start counting the 14 days.

    What this means to you is this - If the buyer doesn't accept the order within those 3 days, then you're waiting a total of 17 days to receive payment for that gig.

  3. The buyer disputes for whatever reason

    If the buyer accepts the order and just gives you a Thumbs Down then the payment clock starts ticking and you have 14 days from the day he accepted.

    However, the buyer can also dispute the order with Fiverr. At that point, you're not going to get paid until you straighten it out with the buyer and/or Fiverr Support.

    For more information about handling disgruntled buyers, see Top 10 Tips To Help You Make Money With Fiverr and What To Do When Fiverr Mania Strikes.

Don't Panic Over A Thumbs Down

If a buyer disputes your order and gives you a Thumbs Down, simply contact the buyer and see what you can do to make it right. Most buyers just use that Thumbs Down button to get your attention and they can change it on their end once they're satisfied.

If you CAN'T get the buyer to remove that Thumbs Down and you feel you're not at fault, use the Fiverr Support button and ask them to remove the negative rating. If you've documented everything they'll usually take care of it for you.

Step Three: Keep Working

Here's where a lot of people make their mistake. Don't stop working and wait 14 or 17 days for the money to come in!

If you stop and wait for that first paycheck, first of all it's only going to be $4. Second, you'll have to deliver another gig and wait another 14 days to get the next $4.

Keep Working!

If you keep working then the money starts coming in every day. Deliver 10 gigs on Monday and 2 weeks later - on Monday - you'll have $40 in your Fiverr account. Deliver 10 gigs on Tuesday and 2 weeks later on Tuesday you'll have another $40 in your Fiverr account.

Once you start working with Fiverr you only have to wait for money for the first 14 to 17 days. If you're delivering gigs every day, then you'll have a steady stream of income coming in every day!

How To Get Paid By Fiverr - It's time to get your money!

Once those first 14 to 17 days are up, you can start collecting your money from Fiverr. On your Seller's Revenue page you'll see just how much money you've earned!

In the image above the $36 is what I have available to withdraw if I want it today. I usually let it accumulate for a week or so so I don't have to pay so much in Paypal fees.

The $252 that's awaiting clearance is money I've earned from gigs that have been delivered and accepted, either manually or by Fiverr's system. That means that over the next 14 days I have $252 coming in. (Yeah, it's kinda low. But I took some time off this month.)

The $212 you see is for gigs that I still need to deliver and if you add all of this up it comes to the $500 total revenues showing at the top. If I were to withdraw that $36 right now then my total revenues would drop to $464.

If I want that $36 I can have it in my Paypal account instantly. There is no wait time. (Not sure about other countries.)

You need to have a Paypal account associated with your Fiverr account. Fiverr is only set up to pay through Paypal. (No. I don't know if that will change.)

When you're ready to withdraw you just click that little blue box that says "Withdraw Your Earnings". Fiverr sends a confirmation email to the email address you have on your Fiverr account. Then you just click the confirmation link and the money drops right into your Paypal account!

I blacked out my total withdrawals in that image up above but it's over $2,000 now. That means I've been paid more than $2,000 from Fiverr gigs since Nov. 26, 2011 and I still have another $500 on the way.

What could YOU do with an extra 2.5 Grand?!

And why haven't you signed up with Fiverr?!

Making Fiverr Part Of Your Business Plan

Here's what I like about Fiverr - You can control your work and your earnings.

When I need a little extra money for something, I just work ahead on my gigs.

For example, I went to visit my brother a couple of weeks ago and about 3 weeks before I left I really busted my hump on Fiverr so I could earn some extra cash. And 2 weeks before I left I paused my gig for 7 days so I wouldn't have any orders come due while I was gone.

I also build and update my own library of Squidoo lenses plus I have other writing gigs come in, too. So I just look at my calendar at the beginning of the month and pencil in time for Fiverr then adjust my leadtimes and gigs accordingly.

My point is, you can make Fiverr a small part or a big part of your business plan because you have control over your lead times and bookings. You're not at the beck and call of the buyers. If they don't like your lead time then they just won't order your gig. But trust me, if you deliver a quality product - no matter what it is - you will have a steady stream of buyers... which means you'll also have a steady stream of income!

Need More Fiverr Help? Look Here!

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More Questions About Fiverr? Ask Away! I'll Do My Best

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    • TimothyArends profile image

      Timothy Arends 5 years ago from Chicago area

      You have all the best most informative lenses on Fiverr. Thanks!

    • cynthiannleighton profile image

      cynthiannleighton 5 years ago

      Wow!

    • profile image

      danielandujar 5 years ago

      Hum, sounds interesting.

    • Gypzeerose profile image

      Rose Jones 5 years ago

      Pinned to my board "Cool Ways to Make Money." You are a real resource on Fiverr, I hope you write a Kindle Ebook on this. :)

    • profile image

      anonymous 4 years ago

      This lens definitely answered some of my questions. I had heard Fiverr took a 20% cut, which I'm not crazy about, but can deal with. I mainly wanted to know how the "gigs" worked, as I was recently contacted for the first one, but didn't know how it worked. Looks like the buyer and I "talk" first, then they will send me the gig which triggers Fiverr to know that I am doing a $5 project. Cool.

    • profile image

      anonymous 4 years ago

      Fiverr support does not care about thumbs down ratings. I received a thumbs down because my buyer changed his specification for the GIG only after I delivered it because he changed his mind and gave me a thumbs down for not doing it again despite the fact I spent several hours on it!

      Fiverrs response was they can influence his opinion and it's doesn't violate their terms and condition

    • profile image

      anonymous 4 years ago

      HOW DO YOU MAKE A PAGE TO ESTABLISH TIP$$$?

    • iWriteaLot profile image
      Author

      iWriteaLot 4 years ago

      @anonymous: Wow! I'm not sure if you're calling me a liar here or what. But I assure you, this is exactly true. Did you do anything to promote your gig other than changing your picture? And if you were working during that time when Fiverr was going through that horrible site change that might have had an effect, too. But please don't come here insinuating I'm a liar. You don't even know me. How rude! If this is how you talked to the clients you did get on Fiverr it's no wonder you didn't get any repeat orders.

    • psychegr profile image

      psychegr 4 years ago

      Great Lens!

    • sasta10 lm profile image

      sasta10 lm 4 years ago

      I lover fiverr. I am using the site to earn regular income. I now even have fiverr pre paid credit card which I can use to transfer the money I earn and withdraw my earning from a cash machine. It's great. I have so far made about $2000 which is not bad. Great lens and thanks for sharing.

    • sasta10 lm profile image

      sasta10 lm 4 years ago

      @anonymous: use a video on your gigs, this will increase sales

    • profile image

      anonymous 4 years ago

      @TimothyArends: Fiverr holds the funds 14 days so they can make INTEREST money off of everyone!

      I never promote or do anything to my gig that I set up and I have been getting 1 or 2 per day. I say that I can deliver in 2 days. No video or pics.

    • profile image

      TerryG 4 years ago

      It was good to see you showed the back end of Fiverr. I use it a lot to make purchases and always wondered about the back end, the suppliers side. Very informative and a pleasure to Like.

    • profile image

      anonymous 4 years ago

      @anonymous: Delivery On Time.

      Always ask your buyer to give positive feedback.

      Always promote your gigs on facebook, twitter, blog, myspace, classified ads, media etc.

    • happy-birthday profile image

      Birthday Wishes 4 years ago from Here

      Thanks for the details about Fiverr! Awesome lens!

    • vinodkpillai lm profile image

      vinodkpillai lm 4 years ago

      Wow! This is an awesome lens about Fiverr! I never looked at it until now....thanks!

    • profile image

      anonymous 4 years ago

      I knew I had to get a part time job to supplement my income late last year and signed up with FIVERR. I help people start their family trees and have had great success. I am not thrilled with the 2 week waiting period to get paid but alas my day job I get paid every two weeks also (so I have to wait 2 weeks for that paycheck. I withdraw my earnings through paypal and I try to only do it twice a month to cut down on the fees paypal charges me. I have had great success with FIVERR and I pray that it coninues and the website only continues to grow. Start Your Family Tree w/ Me! Professional Genealogist from Springfield, Tennessee. 4 Generations from your Grandparents. Certified Genealogist SM Accredited Genealogist ®

      fiverr.com tn5rr2012 (OTHER tab)

    • Srena44 profile image

      Srena44 4 years ago

      great info

    • profile image

      anonymous 4 years ago

      I'm really fumbling around! I sold a gig. It's done. Now I can't find where/how to deliver it. I don't see a tab that says "deliver." Does anyone have any ideas?

    • profile image

      anonymous 4 years ago

      hello... everyone ... I wanna integrate Pageseguro payment system in my fiverr script based site.

      Anyone can help me ?

      thanx in advance !

    • BenJacklin LM profile image

      BenJacklin LM 4 years ago

      I've thought about selling services on Fiverr, do you make good money? Is it time consuming? I guess you have to be clever about it!

    • InternetMarkete profile image

      InternetMarkete 4 years ago

      Really great info! I've just started building up my Fiverr services and I'm starting to get customers - this information was great because I didn't fully understand the payout system Thumbs up for a great lens! :)

    • AdamzPg profile image

      AdamzPg 4 years ago

      This is great info. I never thought of using Fiverr to promote Squidoo gigs!

    • profile image

      FiverrReviews 4 years ago

      Very informative. who read this, he will be a fiverr guru from today. :) wanna let you inform very interesting thing, that is, if anyone have problem to get reviews & sale on their fiverr gig. they may get solution from: FiverrReviews.com .

    • profile image

      Paula7928 4 years ago

      Great lens! You shared lots of good info about fiverr!

    • profile image

      sky2k4 4 years ago

      Your Great! Donna, I added you on Twitter and FB. Looking to use you or services.

      You truly do a Great Job in explaining and inalso the layout and tech stuff. Rock on! Troy from Rank On Top

    • profile image

      anonymous 4 years ago

      Fiverr sounds like a great service but just curious about one thing. Wanting to use Fiverr and I was wondering about privacy. As a buyer using paypal if it's not a physical item I am buying and in fact a virtual service will the seller see all of my information from paypal ie name address phone number or am I paying Fiverr as a middle-man so to speak and they in turn pay the seller without my information

    • iWriteaLot profile image
      Author

      iWriteaLot 4 years ago

      @anonymous: Paypal payment goes directly to Fiverr, your information is not reviled to seller/user.

    • profile image

      mecheshier 4 years ago

      Great lens, very informative. Thanks

    • profile image

      anonymous 4 years ago

      with Fiverr i can control to work and your earnings....that's good....

      www.jakioiltools.com

    • profile image

      robbieshaws 4 years ago

      very informative lens, and well written too. fiverr should definitely be part of any online business strategy. And I agree with you, it's not just about $5. The five dollars is simply a "foot in the door". Selling extra, higher priced services can bring in additional $$. Thanks for sharing.

    • profile image

      anonymous 4 years ago

      There is a new solution for sellers on fiverr who live in paypal restricted countries. check out this gig. fiverrdotcom/minimi1/give-you-7-lr

      This gig will give you liberty reserve. liberty reserve is a digital payment available in every country in the world, it can be converted to cash, use as medium of payment or converted to ALL other means online money. (paypal inclusive).

    • profile image

      anonymous 4 years ago

      Hey, does anyone know how it works if you simply just don't want to do a gig for someone? (I sell video testimonies) Sometimes, the script they give/product they want to advertise is really lame! Or I just don't have enough time to do the gig. Is there any way you could just not accept their order?

    • profile image

      kaizenifyinc 4 years ago

      This is an aweome post about fiver! im looking to get into Fiver more and squidoo as you can make some good money doing it enough to cover my travel expenses anyway hehe. This clears many things up for me as I was not sure about the payment method and everything cheers again ;)

    • profile image

      askrexharris 3 years ago

      I'm relatively new to micro freelancing and Fiverr so I'm looking to absorb as much information as I can. This is an exceptional post and something I will certainly glean from. With your blessing I'd also like to add a link to this lense from one I've created to assist others with Fiverr and more. Cheers!

    • profile image

      anonymous 3 years ago

      No. No more questions. But you got my brain ticking. Make Fiverr a part of my business plan? I'm thinking.

    • profile image

      anonymous 3 years ago

      I experienced SEOClerks.com so far for my daily seo services, and I must say it pretty good for seo platform. Also they have multiple withdrawal methods as well:

      Paypal â Instant, no fees

      Payoneer â $2 Loading fee

      Payza â 24-48 hours, 3% fees

      Western Union â 24-48 hours, no fees

    • profile image

      anonymous 3 years ago

      I will read your Life and give a Life Reading Report for $5

      fiverr.com/asanga19/read-your-life-and-give-a-life-prediction-report

    • profile image

      anonymous 3 years ago

      I will read your Life and give a Life Reading Report for $5

      fiverr.com/asanga19/read-your-life-and-give-a-life-prediction-report

    • profile image

      gatersd-kish 3 years ago

      Well, my opinion is, fiverr was a great place before 2013. When they were promoting a new gig for free & they charged $1 for each sale. but they are not doing any promotion now but keeping the same charge. So, seller are buying fake reviews from FiverrReviews.com to increase credibility of their gig. I wanna say, buyer & seller both are under pressure on fiverr. Cause, Fiverr is a perfect home of scammer. Every buyer have this experience.

    • profile image

      anonymous 3 years ago

      Fiverr's new look is exceptionally good. I liked new analytic layout of Fiver. But sales are the same as ever. Sometimes boosting, sometimes not. They should do something better with their payment methods for the betterment as well. I am going to switch my gigs to SEOClerks.com, I read good reviews by SEOClerksâ sellers, so far.

    • profile image

      Muhammad Hayat 20 months ago

      Helloo thank you so much dear your article about fiverr is really interesting and very helpful if someone want to learn about fiverr what is fiverr and how its work how to get more sales please visit: http://www.ouronlineweb.com/making-money/what-is-f...

    • profile image

      hayaanda 20 months ago

      please i bought something on Fiverr and my selling is not delvering. what will i do to get my money back

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