The internet flocks with thousands of money transfer services, each offering unique features and services. Freelancers should settle for convenient services that align with their work needs. Modern technology allows clients and freelancers to create a contract and pay a third-party platform for easy payments. The client will receive their project while the freelancer gets their payment immediately. The transaction platforms work as intermediaries, thus keeping the client and freelancer safe.
Freelancers seeking secure transaction platforms can opt for Paynco transaction service platforms for their freelancer jobs. The platforms allow easy document and payment transfer between the client and freelancers. It’s also possible to receive funds from international clients through payment wallets, electronic bank transfers, cheques, and more.
Payment methods to get paid as a freelancer
Freelancers can select their best payment mode by reviewing the pros and cons of each platform. They also check the exchange rates, charges, and payment platform before choosing and transacting on any platform.
- Paynco
Paynco is a unique transaction service that allows clients and freelancers to conduct their business. The site eliminates the possibilities of fraudsters and scammers in the freelancing industry. Buyers and sellers can be negotiable and create a contract easily. Sellers and freelancers get their payments fast once they deliver on the services or projects.
- Mobile apps:
Freelancers can check different mobile payment apps such as:
- PayPal
- FreshBooks
- Transferwise
- Skrill
- Square
- Wave
The apps help transfer funds to different users globally at convenient charges. The apps are compatible with credit cards and credit cards for easy money transfer.
Advantages of mobile apps
- Fast
Mobile apps transact funds fast compared to other methods such as bank-to-bank transfer. Freelancers can choose any of the apps to get funds instantly. The majority of the mobile apps have a simple currency conversion process affordable charges making the process fast and easy to operate.
- User-friendly
Mobile apps can efficiently operate on smartphones as they contain simple features. The app’s interface is designed with well-labeled options for easy transfer. The apps don’t request banking details to receive funds. The freelancer requires an email ID to create a profile and receive money from clients.
Disadvantages
- Same account
The client and freelancer require the same payment app to operate through mobile apps. This is pretty challenging for international freelancers whose countries don’t allow some payment apps.
- Speed
Though mobile apps are fast in delivering funds, the recipient might have to wait for several days to access the funds. Some apps take days to verify the payment, which is frustrating to freelancers.
- Electronic fund transfer
Electronic fund transfer is a famous, fast, and cheap transfer method. Freelancers can request payment through EFT. The money goes from the client’s bank account to the freelancer account without any app or credit card intervention. The process takes a few days, and once transferred, no other transfer process is required. To avail of the EFT service, the client’s and freelancer’s banks should provide the service to initiate the transfer.
Conclusion
Freelancers have various payment modes, each providing the best services. However, before settling for a payment service, the primary concern should be security. Ensure the service is safe and doesn’t expose your banking or personal details to hackers.
