Best Platforms To Earn Money Online by Transcribing Audio

Earn Money Online by Transcribing Audio
Earn Money Online by Transcribing Audio

In this blog, we are continually sharing an earn money online idea that may be helpful for you to start your side hustle and make money staying home. Earn Money Online by Transcribing audio is also one of the best career options or side hustle for you. However, we are already sharing some ideas about transcriber jobs in our previous articles. We cover short information about earning options as become a transcriber in our two articles. If you are interested, then you can check these two articles from the link below:

Article Link 1: Best 50 Ways To Make Money Online

Article Link 2: Top 50 Hobbies That Make Money Online and Offline

What are transcription Jobs?

Text conversion of audio or video file is called transcription jobs, and the person who converts or transforms audio or video file into the text are Transcriber. So, we can say that the Transcriber is a professional typist or documentation specialist who listens to audio or video files and then create the text format of audio/video files. If you are searching for easy online earning, then transcription jobs are not for you. Transcription jobs are for those capable of Multitasking, like accurate typing speed and attentive listening ability.

Types of Transcriptions Jobs

Transcription jobs are one of the major topics on the online job market. Generally, all transcription jobs are one of the best examples of data entry jobs. Transcription jobs are categorized into different types as per their fields of operation, requiring different sets of skills for transcriptions. Types of transcriptions are listed below:

General Transcription

General transcription is called general transcription because it contains almost all available transcription jobs like academic research, podcasts, business meetings etc. In-home-based data entry jobs, Transcriber is provided with general transcriptions because, in general transcription, there are no confidential audios or videos. Although there are specialists on general transcriptions, you don’t need any specific training or certificate to become a General transcriber.

Realtime Transcription

When you are typing by referencing the live audio or video, this type of job calls real-time transcription. To become Real-time transcriptions, you need high typing speeds with accuracy are required. So there is no scope for beginners transcribers; only experienced typists can do real-time transcription jobs. In real-time transcription, transcribers are paid $15 to $25 per hour per their skills and ability. However, this amount is not a fixed amount, and you can earn more than this and increase your experience and skills.

Medical Transcription

Medical transcription is a high-earning transcription job. In this transcription, medical or health-related audio and video files are provided to the transcribers. Such transcription jobs help to save the time of many health workers like the doctor, nurse. Similar to real-time transcription, you need experience in medical transcription also. In medical transcription, you need to deal with essential data, so you must experience it, and your transcribing accuracy must be 100%. While talking about Medical transcription work from home salary, all depends on your skills and accuracy. In general, top medical Transcribers earn more than $55k per annum, and the average Transcriber earns $35k per annum as per statistics published by the U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics.

Requirements for Transcriber

It would help if you had some equipment and skills for starting your career as a transcriber. Many of you are willing to transcriber jobs but don’t know which equipment is best for you and where to buy it. Don’t worry; we will clarify all queries related to requirements for transcribers. Also, we are suggesting the best suitable equipment at a reasonable price, so please check you. So, please read thoroughly and make your decision.

Equipment Requirements

First, we will know the equipment requirements, and then we will move to skills requirements for starting transcriber jobs. Require equipment are listed below with short information

Personal Computer or laptop

Whether you are using a desktop or laptop, the Computer can easily support your transcription work and software. For the old computer user, upgrade your RAM to at least 4GB. After that, hard disk space of 250GB is sufficient, and another basic specification of your Computer is adequate, or we can say no special requirement is needed. You can buy any laptop with ram 4GB+ and HD 250 GB from amazon online shopping.

Comfortable Headphones

In a Transcription job, it is not necessary to assign good quality audio or video. Sometimes you may give with low quality or complex audio piece; at this time, you need comfortable headphones while transcribing. You can check out the best headphones from an amazon shop.

Comfortably Design Chair

It would be best if you worked a long time sitting on a chair. The uncomfortable chair may cause various health disorders if your chair is not comfortable. So if you take Transcription as a primary career, don’t do late; buy comfortably design chairs for you from an online or local store near you.

Ergonomic Keyboard

Doing your work efficiently and maintaining your health, after comfortable headsets and comfortably design chairs, ergonomic keywords are also needed. This keyword avoids pain in your forearm and wrist. Which will increase your working capacity and finally you can earn more than usual. So don’t make delay; buy an Ergonomic Keyboard today and multiply for earning and make your work more comfortable.

Foot Pedal

While transcribing, your hands are too busy. If you need to pause, play, rewind or forward while typing, it affects your typing speeds. So, to help your hands, the foot pedal is designed for Transcriber. The foot pedal allows you to complete your transcription job in less time than usual. So, don’t lose the chance of multiplying your earning by buying Foot Pedal today.

Tools and Software Requirements

Along with equipment, you need some tools and software that help you while transcribing. They are explained briefly below:

Word Processing Software

Word processing software is mandatory in doing transcription jobs.  Software’s like open office, Microsoft word needs to install on your system. And you should know how to use word processing software to become an efficient Transcriber.

Text Expander

While transcribing, you need to write some repetitive word or phrase or sentence. For this, you need a text expander, which allows you to insert a particular word or phrase or sentence just by press the key. So, a text expander will save your time and helps you to earn more revenue while working as a transcriber.

Time Tracking Tool or Software

Time Tracking Tools help to track your working hours. By following your working time, you can know your working efficiency, which will help you grow. In addition, time tracking tools help to manage time on your busy schedule.

File Conversion Software

As per the transcription job provider, you need to submit the required format file after completing your projects. It would be best to convert file extension into PDF, .docx, jpg etc., as per job provider requirements. Some word-processing software also supports file conversion while saving your projects.

Manuals or guideline specific to the project

For doing any transcription job, every Transcription needs some guidelines, but when talking about specifying Transcription, manuals or procedures are necessary. For example, transcriptions on medical fields, legal fields or research fields generally require specific manuals.

Skills Requirements

After knowing the equipment requirements and software requirements for transcribing jobs, now it’s time to understand the skills requirements for transcription jobs. Some of the top required skills for transcription jobs are listed below:

  • It would be best if you were Multitasking
  • Accurate and fast typing skills
  • You should have time management skills
  • Familiar with word processing software like open office, MS word etc.
  • You must be a good listener
  • Text editing skills with good command in grammar along with proofreading skills.
  • Good knowledge of text expander and foot pedal.

How to Become Transcriber (Whole Process)

For becoming a transcriber or starting a transcription jobs, you can follow the steps that I personally use which are listed below:

  • You must have transcriptionist skills or willingness to learn transcription skills
  • Make a choice are you serious on transcription career option
  • Your device must meet the technical requirements
  • Select any transcription jobs provider platforms from the list of best platforms to earn money online by transcribing audio/video section.
  • Start your entry-level transcription jobs as a fresher
  • Developed your skills and then apply for experience required jobs and increase your earning potential

Best Platforms To Earn Money Online by Transcribing Audio/Video

While talking about online transcription job providers, there are hundreds of platforms. Still, here we are talking about the best 20 platforms to earn money online by transcribing audio or video files.

1. GMR Transcription

GMR Transcription is one of the oldest and best Earn Money Online by Transcription platforms. You can set your working hour, so this job is pretty flexible. But they prefer to complete 4 hour audio per week. While applying as transcriptions, they are adaptable to select fresher and maintain their service output, and they are more strict with policies and guidelines. So if you are interested in making a career in the transcription field, you are in the right place. But you are searching for short-term extra earning, then please check out other platforms mentioned in this article.

Pay Scale: $1000 to $3000 per month as per their skills.

Payout Option: PayPal

Joining Fees: Free

Scam or Legit: Legit

Qualifications or Experiences: Not required

Website Link: www.gmrtranscription.com

Joining Link: GMR Transcription

2. QA World

QA world is one of the best Earn Money Online by Transcribing audio platforms. Here you can work from home with your flexible schedule without losing your comfort. The joining process is simple; on the test, you need to transcribe a 60-sec audio clip, and after completion, results are published instantly.

Pay Scale: $0.2 per audio minute. Also provides a bonus for completing 100-minute audio in seven days.

Payout Option: Weekly via PayPal

Joining Fees: Free

Scam or Legit: Legit

Qualifications or Experiences: Not mandatory

Website: app.qa-world.com

Joining Link: QA World

3. SpeechPad

Speech Pad paid the most significant base scale for their Transcriber among all Earn Money Online by Transcribing audio/video platforms. There is no minimum weekly work completion, and you are free to choose any types of jobs available on Speech Pad. But rush jobs are invite-only jobs, and you need to meet essential criteria for eligibility for rush jobs.

Pay Scale: $0.25 to $2.5 per audio minute.

Payout Option: Two times a week via PayPal

Joining Fees: Free

Scam or Legit: Legit

Qualifications or Experiences: Required ( at least 40 wpm is required)

Website Link: www.speechpad.com

Joining Link: SpeechPad

4. Tigerfish

Tigerfish is one of the best platforms to Earn Money Online by Transcribing Audio for fresher. But their services are based in the US only, and I hope they will extend their service worldwide soon. Also, earning depends on your typing skills because Tigerfish paid on a word basis.

Pay Scale: Starting $0.005 per word transcribed

Payout Option: Weekly via PayPal

Joining Fees: Free

Scam or Legit: Legit

Qualifications or Experiences: Not required

Website Link: tigerfish.com

Joining Link: Tigerfish

5. SpeakWrite

SpeakWrite is the best Earn Money Online Transcription job provider platform that provides general, medical and legal transcription services. Because of an extensive database of clients, they continuously offer transcription jobs to needy ones and helps them to make their living through online jobs. After completing the test, along with experiance, you need a foot pedal for acceptance as Transcriber in SpeakWrite platforms. It is also paid on word basics, so earning potential is depending on fast and accurate typing.

Pay Scale: $0.005 per word and provides 10% bonus on some shifts

Payout Option: Twice a month by check or direct bank deposit

Joining Fees: Free

Scam or Legit: Legit

Qualifications or Experiences: Minimum of 1-year experience with 60 WPM and must have foot pedal before accepting as a transcriber.

Website Link: speakwrite.com

Joining Link: SpeakWrite

6. Rev

Rev is popular among beginners transcribers because it doesn’t require any experience to join. It is also one of the Earn Money Online by Transcribing audio or video file platforms. You can easily register through the website and give a test for Transcriber. And You can access your task after accepted by the rev test. You will receive the test result within two business days.

Pay Scale: $0.3 to $1.1 per audio minute.

Payout Option: Weekly via PayPal

Joining Fees: Free

Scam or Legit: Legit

Qualifications or Experiences: Not required

Website Link: www.rev.com

Joining Link: Rev

7. Verbal Ink (Ubiqus on Demand)

Verbal Ink doesn’t require any experience joining as a transcriber, but you need a foot pedal to work along with them. Formally known Verbal Ink is now Ubiqus on Demand with providing transcriptions, translation and audiovisual services.

Pay Scale: $0.85 per audio minute.

Payout Option: Monthly via PayPal or bank transfer

Joining Fees: Free

Scam or Legit: Legit

Qualifications or Experiences: Not Required but you need a foot pedal for work with verbal Ink ( Ubiqus on Demand)

Website Link: www.ubiqus.io

Joining Link: Ubiqus on Demand

8. Daily Transcription

Daily transcription is best to Earn Money Online by Transcribing Audio platform for fresher, but you must be a US citizen or Canadian citizen. Providing flexible work schedules and high paying than any of the daily transcription competitors in the market. Daily Transcriber has high-profile clients like The New York Times, HBO, Bank of America, US Air Force and more. So, there is stock availability of transcription projects for Transcriber.

Pay Scale: $0.75 to $0.85 per audio minute.

Payout Option: Weekly via check

Joining Fees: Free

Scam or Legit: Legit

Qualifications or Experiences: Not required

Website Link: www.dailytranscription.com

Joining Link: Daily Transcription

9. 3Play Media

On 3Play Media, you need to correct the computer-generated transcription of video files. So it is easy to work on 3play media. 3Play Media paid a decent amount (somehow $10 to $30) per hour of work, but there is one disadvantage that jobs are not available most of the time.

Pay Scale: $10 to $30 per audio minute.

Payout Option: Monthly via check or direct bank deposit

Joining Fees: Free

Scam or Legit: Legit

Qualifications or Experiences: Required ( at least 75 WPM typing skill is required.)

Website Link: www.3playmedia.com

Joining Link: 3Play Media

10. Casting Words

Casting words is the best Earn Money Online by Transcribing audio/video platforms for fresher and experienced ones. The joining process varies as per your experiance; experiance one does not need to take the test. And after accepted as Transcriber in casting words, you can select an assignment from the list of available works. On Casting words, you will get paid as per your work grade. So, you can increase your earnings by completing projects with accuracy and get paid more.

Pay Scale: $0.085 to $1+ per audio minute with a bonus per your work grade.

Payout Option: Weekly via PayPal

Joining Fees: Free

Scam or Legit: Legit

Qualifications or Experiences: Not required

Website Link: castingwords.com

Joining Link: Casting Words

11. Averbach Transcription

Averbach Transcription is one of the high-paying transcription job providers for the experience. If you have some knowledge of the previous transcription and want to Earn Money Online by Transcribing audio/video, you are in the right place; Averbach Transcription is for you. Paying scale is prominent here, so set tricky to join their platform. First, you need to pass a skills test along with two years of experience.

Pay Scale: $1 to $1.5 per audio minute as per audio file nature ( Normal files to rush jobs)

Payout Option: Weekly via PayPal

Joining Fees: Free

Scam or Legit: Legit

Qualifications or Experiences: At least two years of experience is Required

Website Link: avtranscription.com

Joining Link: Averbach Transcription

12. TranscribeMe

TranscribeMe is one of the market-leading Earn Money Online by Transcribing audio platforms. Freshers or newbies can quickly join TranscribeMe platforms and make some extra cash in their free time. However, to forget the high pay scale, you must have skills and some basic knowledge about medical and law fields is a plus point. The joining process of TranscribeMe is to register, take the test exam, and get a reply within 10 to 12 days.

Pay Scale: $15 to $22 per audio hour.

Payout Option: PayPal

Joining Fees: Free

Scam or Legit: Legit

Qualifications or Experiences: Not required

Website Link: www.transcribeme.com

Joining Link: TranscribeMe

13. Transcript Divas

Transcript Divas is also one of the best Earn Money Online by Transcribing audio platforms. The main motive of this company is to pay more than the average rate for their Transcriber, but they are currently working within the USA only. Hope to see transcript Divas all over the world soon.

Pay Scale: $0.84 to $2.98 per audio minute.

Payout Option: Weekly via PayPal or direct bank transfer

Joining Fees: Free

Scam or Legit: Legit

Qualifications or Experiences: Experience candidates get more priority than fresher, but both can apply and be accepted.

Website Link: transcriptdivas.com/

Joining Link: Transcript Divas

14. CrowdSurf

Crowdsurf is starting with the slogan ” for the crowd, by the crowd.” They provide you the flexible hour of working with your comfort, so if you search for transcribing jobs, then it is one of the best ways to Earn Money Online by Transcribing audio platforms. This platform divides work into 5 to 30-sec clips and distributes among Transcriber for easiness in working.

Pay Scale: $0.03 to $0.2 per audio/video minute. (also get some bonus rates)

Payout Option: PayPal, WM Visa Card, and Bank wire transfer

Joining Fees: Free

Scam or Legit: Legit

Qualifications or Experiences: Not required

Website Link: crowdsurfwork.com

Joining Link: Crowdsurf 

15. Athreon

Athreon is one of the oldest transcribing platforms but still one of the best ways to Earn Money Online by Transcribing media platforms. Unfortunately, they are only focused on providing services in the US and Canada. Athreon has an extensive client base, so the Athreon transcriber needs to transcribe at least 500 lines daily and work for five days a week. To qualify and become a transcriber, you must be a high school graduate or have a certificate or GED recipient. And if you don’t have any of the above requirements, then two years of relevant experience is needed.

Pay Scale: $0.03 per line.

Payout Option: Weekly via PayPal

Joining Fees: Free

Scam or Legit: Legit

Qualifications or Experiences: Must be a high school graduate or GED recipient training certificate or two years of experience in relevant fields.

Website Link: www.athreon.com

Joining Link: Athreon

16. GoTranscript

GoTranscript is one of the best ways to Earn Money Online by Transcribing audio/video files for all over the world transcriber. An applicant without previous work experiance is also readily accepted on these platforms. There is no word limit or minimum requirement to work as per your choice and time availability. The more you work, the more you earn.

Pay Scale: $0.6 per audio minute.

Payout Option: Weekly payment via PayPal or Payoneer

Joining Fees: Free

Scam or Legit: Legit

Qualifications or Experiences: Not required

Website Link: gotranscript.com

Joining Link: GoTranscript

17. Ubiqus

Ubiqus is one of the world-leading language service provider companies. Transcription, interpretation, and translation services are some of the primary services provided by Ubiqus. For joining Ubiques, you need to be a US resident and must have one year of relevant work experience along with a foot pedal. They provide all transcription jobs like general transcription, medical transcriptions and legal transcriptions.

Pay Scale: $0.007 per word for medical transcription and $0.006 per word for legal transcriptions.

Payout Option: PayPal

Joining Fees: Free

Scam or Legit: Legit

Qualifications or Experiences: At least one year of experience in relevant fields is required

Website Link: www.ubiqus.com

Joining Link: Ubiqus

18. Transcription Outsourcing LLC

Transcription Outsourcing LLC is one of the broad range of online job providers who earn money online. Mainly providing transcription jobs, categories are law enforcement transcription, medical transcription, financial transcription, legal transcription, and general transcription. Because of a wide range of transcription jobs available, anyone from any field can do this work and make some extra money in their free time.

Pay Scale: $0.80 to $ 1.10 per audio minute on legal and law enforcement transcription, financial, general business transcription and $0.07 to $0.10 per line.

Payout Option: Monthly payment via PayPal

Joining Fees: Free

Scam or Legit: Legit

Qualifications or Experiences: No experience required but experience candidate gets priority while hiring.

Website Link: www.transcriptionoutsourcing.net

Joining Link: Transcription Outsourcing LLC

19. Audio Transcription Center

If you have a typing speed of at least 75 wpm and have good knowledge of a foreign language, then this the best way to Earn Money Online by Transcribing audio/video files. Audio Transcription Center is enlisted in one of the high-paying transcription jobs but forgets paid your work must be at least 98% accurate.

Pay Scale: $60 per hour audio for English language and $ 150 hour audio for foreign language.

Payout Option: Weekly payment via check

Joining Fees: Free

Scam or Legit: Legit

Qualifications or Experiences: You must have at least a 75 wpm typing speed with 98% accuracy.

Website Link: audiotranscriptioncenter.com

Joining Link: Audio Transcription Center

20. Upwork

Above mention, all 19 platforms are transcription job providers but Upwork not like this website. Upwork is one of the most important marketplaces for outsourcing work. Some companies or people want to do their transcription works individually but not through a transcription service provider, so the marketplace is the best option. In Upwork, work provider and work seeker are linked by their interest, work provider place job, and seeker bid/apply on jobs as per their expertise. There is no middle person, so this method is economical for companies, and individual service providers also earn a reasonable amount by their mutual understanding.

Pay Scale: Depends on project nature and project duration.

Payout Option: Direct to the local bank, PayPal, Payoneer, M-Pesa, wire transfer, direct to US bank ( ACH)

Joining Fees: Free

Scam or Legit: Legit

Qualifications or Experiences: Depends on Project

Website Link: www.upwork.com

Conclusion

In conclusion of Best Platforms To Earn Money Online by Transcribing Audio, we cover some important topics related to transcription jobs like What is transcription Jobs, Types of Transcriptions Jobs, Requirements for Transcriber and How to Become Transcriber (Whole Process). And we are also discussing the top 20 best transcription job providers and their pay scale, payout option and required experience level.

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