There are a variety of Ezoic payment methods for those who live in Canada.
These include Wise (formerly TransferWise), Payoneer, PayPal and cheque.
This gives Canadian users a great deal of flexibility when it comes to getting paid for their ads revenue.
Ezoic is a great way to make money from your website. The Ezoic platform offers a number of other services, including ad management and website optimization.
Ezoic is a venture-backed and profitable company. If you’re looking for a company that can help you get the most out of your website, Ezoic is a great option.
One of the best things about the Ezoic platform is that it’s so easy to use – you don’t need any special skills or knowledge to start making money.
Just sign up for an Ezoic account, add your website, get approved (fingers crossed for you), and start earning!
Ezoic Payment: Options, Methods, Date & Terms
Ezoic Payment Options for Canadians
Ezoic offers a variety of payment methods, so you can get paid quickly and easily. The different payment options that Ezoic offers its Canadian users are:
- Wise (formerly TransferWise)
1. Bank Transfer via Wise (formerly TransferWise)
Wise is a relatively new Ezoic payment method, but it’s already gaining traction with Ezoic users.
TransferWise allows you to receive your Ezoic payment free of charge – there is no fee to receive Ezoic payments via TransferWise.
Also, with TransferWise, you can send and receive money internationally without incurring high fees. It’s a great option if you’re looking to get paid for work that you’ve done overseas or to pay foreign contractors.
With the TransferWise Ezoic payment method, all you have to do it to add your bank account details, and the payment will be transferred directly through Wise.
One great thing about Wise is that they use the real exchange rate for currency conversion.
If you do not want your Ezoic ad revenue converted from US dollars to Canadian dollars, you should either generate USD bank account details within Wise or already have a USD bank account to which Wise can transfer funds.
Even if you do not have a registered business in Canada, you should choose the Wise Business Account account option, as it has more features than the Wise personal account.
As a freelancer, sole-proprietor, self-employed, or side-hustler, you can open a Wise business account in your personal name.
READ ALSO >> Full Review of Wise
2. Wire Transfer via Payoneer
Payoneer is another Ezoic payment method, and it’s similar to PayPal in many ways. However, there are some key differences.
Payoneer is often used by freelancers and small businesses, as it offers a number of features that are designed to make life easier for these groups.
For example, Payoneer allows you to send invoices and track payments. It also has a built-in currency converter, so you can easily accept payments in a variety of currencies. If you’re looking for a payment method that offers a little bit more flexibility than PayPal, Payoneer is a good option.
Payoneer charges a 2% currency conversion fee for international wire transfers.
For the Canadian dollar, there is a reduced currency conversion fee of 0.15%. However, the lower rate only applies to automatic bank transfers via Payoneer and not to manual bank transfers from your Payoneer account balance.
Another option is to pay a fee of $15 to receive your funds in US Dollars.
Whether you’re based in Canada or elsewhere, chances are good that you’ve heard of PayPal.
PayPal is one of the most popular payment methods available. You can link your PayPal account to your Canadian bank account so that you can easily transfer funds between the two.
Ezoic payments through PayPal are sent in USD and may incur currency conversion fees of up to 4%.
Customer Review: “PayPal is a big rip-off as they use an inflated exchange rate.” (Source: Ezoic Publishers Facebook Group)
Several Ezoic users have complained about PayPal blocking their accounts when there is a sudden large inflow. Some even reported that their PayPal account was banned for unknown reasons.
I had my PayPal account blocked. To verify my identity, you would think they would ask for something like my driver’s license, right? Guess what they asked me to provide? Canada Pension Plan statement of contributions or Proof of insurance with date of birth.
Based on our review of several PayPal customer complaints, PayPal should only be your last resort if, for some reason, you rather not use the other Ezoic payment options.
READ ALSO >> Wise vs PayPal
Finally, there’s the option of getting paid by cheque. This is a more traditional payment method, and it’s still popular with some Ezoic users.
If you’re looking for a simple way to get paid, a cheque is a good option. You get a cheque once a month in the mail.
Keep in mind that you will need to open a US bank account in Canada in order to be able to deposit the cheque.
Preferred Ezoic Payment Method for Those Who Live in Canada
For those who live in Canada, Wise (formerly TransferWise) is the preferred method of payment from Ezoic. Why?
Wise does not charge a fee when you receive payment from Ezoic, whereas Payoneer charges a fee of $5 for each payment from Ezoic.
Although you can get a multi-currency debit card with both Wise and Payoneer, Payoneer charges an annual fee for their card while Wise only charges a one-time for the card.
If currency conversion is required, Wise uses the real exchange rate, whereas PayPal uses an inflated exchange rate.
Furthermore, you can get US bank account details within TransferWise, if you would rather keep your Ezoic ad revenue in US dollars (USD) instead of converting it to Canadian dollars (CAD).
If you’re looking for a convenient way to get paid, Wise is a great option.
Whether you are a freelancer, side-hustler, sole-proprietor, self-employed, or registered business owner in Canada, getting a Wise account (if you don’t have one already) should be top on your list.
I bet it’s going to be one of the best decisions you’ll make.
Ezoic Payment Date
Ezoic payment date is between the 27th and 31st of each month for the previous month’s revenue.
The payment will be sent via the payment method that you have specified in your Ezoic payment settings.
To set your Ezoic payment method, click your favicon at the top right in your Ezoic dashboard > Payments and Charges > Payment Settings.
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Ezoic Payment Terms
Ezoic operates on a Net 30-day payment terms. This means that payment is due 30 days from the date you earned the ad revenue. Therefore, you will be paid for ad revenue from the previous month in the current month.
Typically, you should get payment for January’s earnings by the end of February. Payments typically go out any time between the 27th and 31st of the month.
Keep in mind that your Ezoic account must have generated a balance of at least $20 in the previous month in order to get paid by Ezoic in the following month. This is due to the fact that the minimum account revenue threshold for payout is $20 USD.
The payment schedule for Ezoic is identical to that for Google AdSense and Google Ad Manager. The main distinction is that Ezoic has a lower payment threshold of $20 versus Google’s payment threshold of $100.
All revenue for traffic monetized through the Ezoic platform is accrued in the Ezoic dashboard.
On the other hand, all mediation revenue (also known as revenue generated via connecting existing ad networks such as AdSense, header bidder, or other ad networks) will be accumulated in the network accounts and dashboards of the respective networks.
In other words, if you link your Google AdSense account to Ezoic, whatever revenue Ezoic generates from the associated network will still appear in your existing Google AdSense account as usual, but it will also continue to show up as mediated revenue inside Ezoic.
To maximize advertising revenue, it is necessary for Ezoic to work with a large number of partners. However, it might be challenging to ensure that all of these partners pay on time and on the same payment date/schedule. Regardless, Ezoic manages and pays out on the same terms.
Ezoic takes care of all the ad network discrepancies and eliminates “clawbacks” and fraudulent click adjustments, which are prevalent with many ad networks. Therefore, in essence, this serves as a reliable collection service for a number of different ad partners.
Ezoic payment terms indicate 45 days as this is the absolute latest you can expect to be paid by Ezoic. This is due to the length of time it takes for all of the ad networks (over a hundred) with which Ezoic works with, to pay them.
You can always count on 30 days being the standard and 45 days as the absolute maximum. There has never been a single instance of Ezoic failing to make payments to publishers.
Final Thoughts: Ezoic Payment Methods, Canada
Ezoic offers a variety of payment methods to its users, so you can choose the one that best suits your needs. Whether you’re looking for a fast, convenient way to get paid or a more traditional option, Ezoic has you covered.
The best Ezoic payment method for those who live in Canada is Wise (formerly TransferWise).
More on Money Transfers:
- How to Transfer Money from Canada to the US
- How to Transfer Money from the US to Canada
- TransferWise Canada Review
- TransferWise Business Account
- PayPal vs TransferWise
- OFX vs TransferWise
- Ezoic Payment Methods for Canadians
Charity (Charee) Oisamoje is the founder of TheFinanceKey - TFK. She leads the editorial team, which is comprised of subject-matter experts.
Her professional competencies and expertise make her qualified on this topic. She is an expert at collecting details, verifying facts, and making complex subjects easy to understand.
Backed by Solid Credentials: MBA in Finance Canadian Investment Funds (IFIC) Graduate Masters Degree in International Business Chartered Professional Accountant (CPA) Candidate ✔️Chartered Insurance Professional (CIP) ✔️BSc Accounting
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