Get Paid Easily with UniPass: Unveiling the Invoice Feature for Payments

If you’re a business person or freelancer receiving payments via PayPal, you’ve likely encountered issues like account freezing, 21-day fund holds, poor currency conversion rates, and high conversion fees. Our Invoice feature offers a solution to these challenges.

Have you ever had funds ‘Put on Hold’ by PayPal for 21 days without explanation? Additionally, if you’ve converted foreign currency to your local currency, you’re probably familiar with PayPal’s high fees and poor conversion rates. Did you know PayPal charges a 4% conversion fee for converting USD earnings into PHP?

To address these issues, we’re excited to introduce our new invoice feature. This innovative tool tackles the complexities of currency conversions and stands at the forefront of transforming the payment ecosystem. By seamlessly bridging Web2 and Web3 payment systems, it offers a more convenient experience for employers and freelancers when converting foreign currencies and stablecoins into local currencies.

Join us as we delve deeper into UniPass’ innovative approach. Explore how the invoice feature is poised to revolutionize the freelancing landscape and alleviate some of the most pressing challenges facing freelancers today.

Traditional Payment Methods Vs. UniPass’ Invoice Feature

Traditional payment methods, characterized by pitfalls such as unfavorable exchange rates and high currency conversion fees, often pose significant challenges for freelancers. A platform like PayPal, a popular choice for most remote workers, imposes a 4% currency conversion fee when converting foreign currencies to local currencies. The inherent volatility of exchange rates further compounds these challenges, introducing an element of unpredictability. This further impacts freelancers relying on traditional payment channels for cross-border payments.

UniPass steps into this arena as a pragmatic solution, seamlessly integrating the popularity of PayPal with the flexibility of crypto stablecoins. This integration translates into diversified payment options, offering a balanced approach that caters to the preferences of both employers and freelancers. Our Invoice feature, a vital component of this innovative system, extends the freedom to freelancers by allowing them to be paid with PayPal or crypto.

More notably, it allows the seamless conversion of earnings into their preferred local currencies or USD. This adaptability addresses the limitations imposed by traditional payment methods, granting freelancers greater control over their earnings and financial choices.

A Step-by-Step Guide on How to Use the Invoice Feature

Below is a step-by-step process on how to use UniPass’ new Invoice feature:

Step 1: Log into UniPass

Open your UniPass app and click ‘Invoice’ on the homepage.

Click ‘Get started’ to access the invoice feature.

Step 2: Create an Invoice

Click ‘Create an invoice’ to open the feature.

Step 3: Enter Your Invoice Details

Here, you’re required to enter basic information, like your name and your client’s email address.

Besides, you should list the items or work performed and their amounts. The system will automatically compound your total earnings after filling in the items.

After confirming all your details are correct, click ‘Confirm’ to proceed to the final step.

Step 4: Confirm and Send out Your Invoice

Please check the Invoice details and click ‘Send PayPal Invoice.’

A pop-up window will appear, confirming your invoice was sent successfully.

Step 5: Client Responds to Your Invoice

Your client will receive your invoice request within seconds and make the payment accordingly.

Once the payment is made, you will receive notifications from UniPass, allowing you to view the invoice details and check the total amount.

That’s it! You’ve mastered how to use UniPass’s Invoice feature, experiencing simplicity and efficiency along the way.

Flexible Cash Out Options

UniPass empowers you with flexible cash-out options, allowing you to convert your earnings effortlessly into your preferred local currency or USD. This user-centric feature caters to individual preferences, allowing you to navigate the financial landscape according to your individual needs. By seamlessly integrating traditional and crypto payments, UniPass ensures a hassle-free process, enhancing the overall user experience.

Pro-tip: Do you know you can spend your crypto earnings on Bitrefill directly from your UniPass wallet? Purchase Gift cards, phone refills, eSims, and more through the ‘Explore’ tab on the UniPass homepage. Access various products — electronics to groceries — from leading online stores like Amazon today.

UniPass’ Role

Through its integrated PayPal business account, UniPass is pivotal in streamlining asset transfers between employers and freelancers. A notable advantage of this payment setup is the elimination of PayPal account freezing and fund holding, providing a seamless payment experience. This addresses a significant pain point in the freelancing community, ensuring that transactions are efficient without unnecessary delays.

The UniPass Invoice feature also simplifies the payment landscape by bypassing cumbersome verification processes and KYC procedures typically associated with receiving funds via PayPal, further contributing to a more user-friendly and flexible payment solution. In essence, UniPass is a catalyst for efficient and reliable financial transactions, fostering a conducive environment for employers and freelancers to engage in seamless and secure asset transfers.

Final Thoughts

UniPass’s new invoice feature facilitates a harmonious coexistence of traditional and cryptocurrency payments. Employers can continue using conventional payment avenues they are accustomed to, while freelancers gain the autonomy to explore the advantages of cryptocurrency transactions. UniPass’ role in this paradigm shift is not just as a mediator but also as a facilitator.

The inclusion of a PayPal business account within the invoice feature acts as a vital bridge, streamlining the transfer of assets between employers and freelancers. This intersection of traditional and crypto payments within UniPass underscores a commitment to simplicity and adaptability in the ever-evolving landscape of freelancer remuneration.

About UniPass

UniPass offers a comprehensive stablecoin payment solution. Enjoy gas-free payments and the ability to process batch transactions with one click. Confidently manage, transfer, purchase, and store your stablecoin with the UniPass wallet.

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