PayPal, being one of the oldest online payment provider, holds a major share in the online payment industry, and is the preferred payment mode for millions of people all around the world. There are a number of developing countries like Sri Lanka where PayPal does not work (for inward remittance). Negotiations with PayPal currently underway and it has listed Sri Lanka for 2017, Minister of Telecommunications and Digital Infrastructure Harin Fernando said through a Facebook post. Meanwhile, Stripe is another alternatives to PayPal. It facilitates simple way to accept payments from your customers.
Online outsourcing is divided into freelancing and Microworking. According to “The Global opportunity in online outsourcing” report published by World Bank group in June 2015, the market size for online freelancing in 2016 is estimated to reach $4.4 billion, and for microworking the market is forecast to be $0.4 billion, resulting in a total online outsourcing industry-projected market of $4.8 billion.