The Ultimate Solution for Freelancers to Receive their Payments
Freelancing has become the norm in today's world. Companies can work with anyone in the world at any time and vice versa with no long-term contract. Even though this working model has been extremely popular, when the topic comes to payments, it has been a hot topic.
In definition; a freelancer or a freelance worker is a person who is self-employed and is not certainly devoted to a specific employer in the long-term. We see freelancers mostly in the music, writing, acting, computer programming, web design, graphic design, translating and illustrating, film and video production and other forms of a piece of work. Hiring a freelancer creates a wonderful opportunity for people with valuable skills to add value to different sectors and businesses globally.
If you work online from the comforts of your home and do contracts with clients who are remote, it is vital to creating a plan in order to avoid any payment problems. In fact; according to PayPal’s recent research conducted; around 58% of freelancers in major countries have experienced not being paid for their work.
Unfortunately, receiving your payment on time for all your hard work isn’t always the case and I believe that one of the most important keys in getting your payment on time and with no complication is to chose the most convenient payment method for both parties. When you research, you will most likely come across with various methods but at the end of the day, any traditional banking system will leave you with high transactional fees and make you lose few extra days to have it in your account. If you are expecting a cross-border transaction, good luck with that!
But let’s not lose hope! There are companies such as MenaPay who has found the solution for all this. With this company, all you have to do is download the App, sign-up(takes a few steps and no paperwork), send an invitation to your client to sign-up as well. Once you have finished your work and are expecting for your payment, your client will only have to send you MenaCash to your digital wallet and you can spend it or make further transactions to friends/family. The transaction will only take around 5 seconds; even if it is a cross-border transaction and it is, in fact, the cheapest and safest solution for both parties. This genius Fintech is aiming to become the leader in the payments sector in the Middle East & North Africa.
As a result, freelancers all around the world will be able to receive their payments within seconds; have the opportunity to use their digital wallets to make further online & offline shopping, payments, transactions, track their spendings and be more in control of their finances and save money. It’s like the ultimate package!