Teaching English online can be a very fun and rewarding job. Being a tutor is also a great way to earn extra income if you are looking for a side hustle. China is an ideal market for online English tutors because of its large population of 1.4 billion people. But did you know that transferring money from China to the UK can be very complicated?
In this blog post, we’re covering why you should become an online tutor for Chinese students and how to easily and quickly get paid!
A great benefit of working as an online tutor is flexibility of work hours. If you work Monday to Friday, you can tutor during the evenings or weekends.
Anywhere you can take you laptop or tablet and get wifi connection is a place you can teach online. This creates endless opportunities for you to travel and teach at the same time.
Teaching online can actually save you money if you otherwise would have to travel for work. If you are working from home, you can also claim tax relief for bills such as wifi, utilities and rent or mortgage payments.
A huge positive for private tutoring is that you can adapt your class to the student’s learning style. If your student is a visual learner, you can create a video. If you student is an auditory learner, you can record lessons and focus on reading out information.
Another benefit of tutoring Chinese students online is gaining exposure to a new culture. It’s amazing that you can teach someone in a different country from your bedroom.
It’s not just you teaching you student! Teaching someone online is a great opportunity to pick up a new language and exchange language skills.
Receiving payments from China can be a big problem for Sole Traders or SMEs in the UK.
Traditional bank transfers can take up to a week and all documents are in Mandarin. You would need to hire someone to translate the document for bookkeeping. The wait for funds to arrive in your bank account could be an issue.
VISA, MasterCard and PayPal have extremely low penetration rates in China. These services are well-known in the West but are not so popular in China. Your students and their parents will very likely not be using these payment methods.
So what can you do?
Open a GlobePay account and enable Alipay and WeChat Pay. Together these payment methods cover 90% of the Chinese market share. With a GlobePay account, you can send a payment link straight to your student via email or message. Starting a remote business has never been easier!
GlobePay is an authorised payment institution based in Canary Wharf, London. We specialise in Alipay and WeChat Pay for UK merchants. Our clients are in education, hospitality, retail, logistics and more! Contact us to find out more about China-UK cross-border payments.
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