Many popular services have PayPal integrated into their flows, making freelance invoice payment as simple as a button click. These protections are in addition to any provided by a credit card company, and so many clients prefer to protect their purchases through PayPal’s built-in resolution policy. Purchasers are also fond of the ability to dispute payments for lack of service, a product not being delivered, or conditions of a buying contract being met. PayPal is an all-in-one payment provider that also offers options to return all or just a portion of the purchase price of any service or product via their uncomplicated refunds process. Freelancers can receive money on PayPal for a fee. It also makes it easy to process payments using major credit cards or transfers from a checking account. The payment processor of choice for retail sites such as eBay and Etsy, it allows any person or business to send money in real-time to any other registered user. PayPal is one of the oldest, largest, and most popular third-party payment processors used today. Here are the pros and cons for receiving money online using PayPal that every freelancer should be aware of.
Fast money should always be a preferred method, right? Things aren’t always so simple. There is quite a bit of conversation around this choice, including whether it’s a good deal for freelancers, after all. They are instead requiring many of their independent contractors to take freelance invoice payment online. Many businesses are moving away from paying with paper checks or even electronic deposit. Since cash flow is especially important for your small business, it’s likely that you are looking for an option that is both easy for your client to use and for you to collect. If you’ve freelanced for any length of time, you’ve probably considered several options for accepting payment for the invoice templates you submit.
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