Odesk now supports PayPal

This is good new for all of us, pajama-clad & home based businessmen!

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Good news for people in Canada, the Philippines and India, oDesk now supports PayPal payments. People seeking jobs will now be able to withdraw client's payments, through the most widely accepted payment processor in the Internet.

Here's a related FAQ pasted directly from oDesk.

How much does it cost?
$1 per withdrawal.

Is there a maximum withdrawal amount?
$10,000

Is there a minimum withdrawal amount?
$1

How long does it take?
Transfers to PayPal accounts are instantaneous. Once the money is in your PayPal account it takes a few days to process a transfer to your local bank account or receive a check.

How does PayPal compare to Moneybookers, Payoneer, etc.?
Where it is supported, PayPal is usually an inexpensive way to transfer money to your bank account. Fees and services vary widely by country, so make sure PayPal provides you with the services you need and check PayPal withdrawal fees before you withdraw. Wire transfer is expensive for small withdrawals, but it is immediate.

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