Our platform aims to facilitate long-term projects and ongoing collaborations with freelancers by streamlining the payment process. We understand the importance of consistency and financial security for both clients and independent contractors (ICs).
For long-term contracts, manually creating and approving milestones can become repetitive. To save time and ensure consistency in payments, we're introducing a new feature called Recurring Payments. This feature eliminates the risk of forgetting payments, providing ICs with more financial security and predictability.
This option is available for fixed-price contracts. You can set an amount, frequency (weekly, bi-weekly, or monthly), and start date for automatic recurring payments, and these settings can be stopped or changed at any time.
How It Works:
- When setting up a contract offer, you can opt for automatic recurring payments:
- It's also possible to apply the Recurring Payments option to an already existing fixed-price contract:
Simply access the My Jobs—Active Jobs page: Fixed contracts and click on the "Recurring Payments" tab to set recurring payments for your contractor. - On the My Jobs - Active Jobs page: Fixed contracts, you'll find the "Recurring Payments" tab that allows you to monitor and manage recurring payments:
- You can also check the payment history:
Recurring payments are particularly useful for long-term projects and collaborations.
By automating payments at regular intervals (weekly, bi-weekly, or monthly), we eliminate manual tasks and ensure consistency.
This feature enhances financial security and predictability for ICS by providing fixed weekly, bi-weekly or monthly payments.
With Recurring Payments, our platform is committed to streamlining payment processes for long-term projects and collaborations. By automating payments and ensuring consistency, we aim to provide both clients and ICs with a more efficient and reliable experience.
For further assistance or inquiries, please reach out to our support team.
Click here to see the difference between fixed-price and hourly-paid contracts.