3 PAYMENT TOOLS TO HELP MANAGE YOUR FREELANCE BUSINESS

Have you ever lost a client’s or contractor’s payment information? Have you ever found the processing payments you make or receive is taking days or weeks instead of hours?

You’re not alone. With the US Freelancers Union reporting that 50% of freelancers have encountered difficulties receiving payments, we can see that this is a common phenomenon. Beyond the possibility of losing one of your contact’s payment details you may have also received payments late which is unquestionably frustrating. Whether you work as a freelancer or manage remote employees, incoming and outgoing payments are the lifeblood of a healthy business; ensuring a predictable and reliable cash-flow means not becoming part of that 50%.

There are so many factors freelancers need to consider when deciding to work for someone or begin a project. The product, the time-frame, the style are only some of the many concerns and considerations freelancers have. Receiving payments shouldn’t be one these concerns.

That is why Payoneer provides an end-to-end, easy-to-use way to keep all your clients’ and contacts’ information in one place. With Payoneer’s Request a Payment feature, you can send out timely invoices and reminders to your clients when payments are due. Similarly, Make a Payment allows you to pay your colleagues and service providers easily. Finally, the My Contacts feature ensures that all of your contacts will stay organized in one place. Together, these three tools can improve the way you manage your business by ensuring you can quickly and simply stay organized, send payment requests, get paid and pay your employees.

Let’s break down how these three tools help keep your clients, contractors, and colleague’s payment information organized and easily accessible. Collectively, these features can help you run your business successfully and efficiently.

1. Get Paid

Checking in with your employer over the phone and email about when you will receive your payment is a hassle. Especially after working hard and delivering under tight deadlines, you deserve to receive your payment simply and quickly.  With Payoneer’s Request a Payment you can!

With Request a Payment, you can:

• Fill in a payment request for your employer
• Enter the date you would like to get paid by
• Receive a confirmation email as soon as you got paid

Want to learn more about Request a Payment? Check out our in-depth instructional video here.

Request a Payment NOW »

2. Pay Others

On the other end of the spectrum, are you a business owner who wants an easy way to pay your employees? With Make a Payment you can easily send payments to anyone, anywhere. Unlike other payment providers, Make a Payment is quick and cost-effective.

With Make a Payment, you can:

• Pay a supplier, contractor or team member from anywhere for FREE
• Payments are processed in hours, not days
• Access this service anytime

*Free when payments are made between Payoneer users.

Want to learn more about Make a Payment? Check out our step-by-step instructional video here.

Make a Payment NOW »

3. Stay Organized

In addition to paying and receiving funds quickly and efficiently, Payoneer wants to help you stay organized. Whether you want to request a payment or pay a client, having all your contacts organized in one place couldn’t be more important; that’s why we created the My Contacts feature.

My Contacts helps you:

• Keep all of your relevant contacts in one place
• Keep track of payments, whether you’re sending or receiving them
• View your payment history with each contact

How does it work?

• Login to My Account.
• Choose Activity on the navigation menu, then select My Contacts.
• Select Paying To or Receiving From (depending on whether you are requesting a payment or sending one).
• You can Edit, Remove and check the payment status of your various contacts.

More questions about the My Contacts feature? Check out our FAQs or contact us.

Together, these three features ensure smooth sailing when it comes to paying others and getting paid easily and quickly. All in all, Payoneer allows you to start focusing on the important things, the tasks at hand and your career progression, and stop worrying about receiving and making payments.

No more waiting on late payments or searching for a freelancer’s payment information – we’ve got you covered!