So, to make sure that the customer is happy and the project is completely functional, you and your customer have arranged the project’s specifications and timeframes. But how do you make sure you are paid in the end?
Accepting payments should be simpler with an appropriate freelancer payment platform.
Paymes
You can use PayTabs to support your social e-commerce strategy. You can now easily set up your company with Paymes. Freelancers will benefit a lot from Paymes. You can easily receive payments through a QR code or a link.
Payoneer
With over four million active users, Payoneer is among the more well-liked alternatives to PayPal. With only a few clicks, customers of this payment system can receive and send electronic payments, view their account balance and complete transaction history. One of the finest options if you’re searching for a free way to accept online payment is Payoneer.
Cash App
A mobile payment network called Cash App (sometimes referred to as Square Cash or Square Cash App) allows users to send and receive money solely through their smartphones. Both Apple Pay and Google Pay are supported with this payment method.
Quickbooks
QuickBooks Although it primarily functions as accounting software, QuickBooks also enables you to accept payments online. You can use this freelancer payment platform to send invoices, set up regular payments, take money, and keep track of all software modifications.
Google Pay
Google Pay has replaced Google Wallet. Payments can be sent and received without cost using desktop or mobile devices. Customers merely must enter a phone number or an email address to transfer you funds. You receive a PIN when you open an account, which you use to control your transactions. Payments made with Google Pay may take up to 10 days to process. More than Thirty nations accept Google Pay.
Wire Transfers
Money is transferred straight from one bank account to another through a wire transfer. Although it’s not the most popular approach, you might find that some clients prefer to pay this way.
Escrow
Your customers can utilise the online payment system escrow to keep money. After your customers are happy with what you’ve done, you can collect the payments. Money orders and checks take 10 business days to process. Escrow is accessible in most nations, although there are a few exceptions. The range of accepted currencies is fairly small.
Stripe
Anybody searching for a PayPal substitute will often choose Stripe. The biggest drawback is that not many nations offer it. Also, it is still rather new, which may deter some users from using it. Stripe’s main focus is on accepting customer payments, with little attention paid to any sort of money transfer services. On the bright side, it can be integrated with well-known WordPress eCommerce platforms like Shopify and WooCommerce, has reduced fees, and is simple to use. Simple forms can also be made to collect payments with Stripe.
Moneygram
You may use Moneygram for both domestic and international money transfers. Payment processing takes an astonishing 24 hours. Around 45 different currencies are accessible, and payments can be processed in over 200 countries. Cash pickup, bank transfers, debit cards, mobile wallet accounts, and home delivery are all acceptable forms of payment.
Skrill
Skrill was previously called Moneybookers. You can send money internationally using this internet payment processor. The inexpensive price is one of its notable qualities. The payment process consists of two steps. The transfer must first receive approval from the Skrill evaluation team, which might take up to three days. The payment won’t be sent to your bank for up to 24 hours after that.
Western Union
A corporation called Western Union provides services for sending cash online and from over 500,000 sites worldwide. Payments made using Western Union are processed in 2 to 5 business days. Western Union accepts payments in more than 200 countries and offers more than 140 currencies. Cash pickup, bank transfers, credit or debit cards, phone, in-person, or online through the Western Union website are all acceptable forms of payment.
Final Thoughts
If you select the wrong freelance payment option, you could find yourself paying excessive fees, face lengthy delays, and raise the likelihood of not getting paid for your online transaction. Depending on where you are and the currency you are being paid in, many of the benefits and drawbacks of the methods on our list change. Now that you have a few payment alternatives to pick from, you must choose how you will be paid as a freelancer. So, you can choose Paymes for getting paid and keep your gig going.