The good thing about being a freelancer is that you get to choose your working hours and can be both rewarding and profitable when done right.
That being said, this means you are the one that is responsible for meeting clients, producing, editing, and writing to scheduling, billing, tax preparation, and tracking down late payments.
You might be able to set your working hours, work from wherever, or choose your clients. But at the end of the day, you are still running a business.
Today, let’s talk about how jomSETTLE™ can help you in collecting your payment faster. While at the same time, gives you a competitive advantage over your competitor.
Offer payment methods beyond cash terms, so you don't have to constantly chase for Payment.
My simple answer to how to get paid as a freelancer is: No matter how the client wants.
If you are only accepting payment in a bank transfer, you can probably expect a delay in payment most of the time. As a business owner myself, I must admit that payment in bank transfers will always be delayed because we tend to hold on to the cash in hand for as long as possible.
Thus, having a more flexible payment option for your client will allow you to collect your payment faster and easier.
With jomSETTLE™ Request Payment, you can let your client pay you using their credit card without going through the traditional method such as credit card terminal, website or payment gateway.
All you need to do is to register an account on jomSETTLE™ and send your client a payment link. From there, your client can pay you using their credit card and you will receive your payment via bank transfer within 3 working days.
With this, your client can pay you without using their cash in hand and you can collect your payment earlier.
We do not charge any registration or annual fee. We only charge a minimal 2.5% transaction fee per usage. You can learn more about our Request Payment service here.
You’ll have more success if you’re offering more payment methods.
Let’s face it, the world of freelance is a world of the battlefield. According to TheStar Media, there are more than 4 million freelance workers in Malaysia and the numbers are increasing as we talk.
Even though we divide the 4 million according to their skillset categories, you are still competing with a fair amount of others. So having an advantage over your competitor will increase your chances of getting that job.
In this case, you can accept credit payments where your competitor can’t. It’s true that sometimes the skill plays the deciding factor here but from the client’s perspective, they will also look into other factors such as payment terms and methods available for me.
Conclusion
You will have more success if you’re willing to be flexible and work with your client preferred payment method.
After reading this article, some of you may be thinking that offering to accept payment via credit card with jomSETTLE™ Request Payment does still come with a 2.5% transaction fee per usage. This will lower down my profit margin.
Lucky for you, we designed it with your concern in mind. Our jomSETTLE™ Request Payment comes with a “Fee Toggle” function where you can choose which parties to bear the transaction, you or your client. That being said, this required a discussion and mutual agreement from your client to absorb the transaction fee.
If your client does not wish to bear the transaction fee, we will need to look at the bigger pictures. Does earning 2.5% lesser but collecting the payment earlier is better for you or having an indefinitely delay payment from your client does?
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The good thing about being a freelancer is that you get to choose your working hours and can be both rewarding and profitable when done right.
That being said, this means you are the one that is responsible for meeting clients, producing, editing, and writing to scheduling, billing, tax preparation, and tracking down late payments.
You might be able to set your working hours, work from wherever, or choose your clients. But at the end of the day, you are still running a business.
Today, let’s talk about how jomSETTLE™ can help you in collecting your payment faster. While at the same time, gives you a competitive advantage over your competitor.
Offer payment methods beyond cash terms, so you don't have to constantly chase for Payment.
My simple answer to how to get paid as a freelancer is: No matter how the client wants.
If you are only accepting payment in a bank transfer, you can probably expect a delay in payment most of the time. As a business owner myself, I must admit that payment in bank transfers will always be delayed because we tend to hold on to the cash in hand for as long as possible.
Thus, having a more flexible payment option for your client will allow you to collect your payment faster and easier.
With jomSETTLE™ Request Payment, you can let your client pay you using their credit card without going through the traditional method such as credit card terminal, website or payment gateway.
All you need to do is to register an account on jomSETTLE™ and send your client a payment link. From there, your client can pay you using their credit card and you will receive your payment via bank transfer within 3 working days.
With this, your client can pay you without using their cash in hand and you can collect your payment earlier.
We do not charge any registration or annual fee. We only charge a minimal 2.5% transaction fee per usage. You can learn more about our Request Payment service here.
You’ll have more success if you’re offering more payment methods.
Let’s face it, the world of freelance is a world of the battlefield. According to TheStar Media, there are more than 4 million freelance workers in Malaysia and the numbers are increasing as we talk.
Even though we divide the 4 million according to their skillset categories, you are still competing with a fair amount of others. So having an advantage over your competitor will increase your chances of getting that job.
In this case, you can accept credit payments where your competitor can’t. It’s true that sometimes the skill plays the deciding factor here but from the client’s perspective, they will also look into other factors such as payment terms and methods available for me.
Conclusion
You will have more success if you’re willing to be flexible and work with your client preferred payment method.
After reading this article, some of you may be thinking that offering to accept payment via credit card with jomSETTLE™ Request Payment does still come with a 2.5% transaction fee per usage. This will lower down my profit margin.
Lucky for you, we designed it with your concern in mind. Our jomSETTLE™ Request Payment comes with a “Fee Toggle” function where you can choose which parties to bear the transaction, you or your client. That being said, this required a discussion and mutual agreement from your client to absorb the transaction fee.
If your client does not wish to bear the transaction fee, we will need to look at the bigger pictures. Does earning 2.5% lesser but collecting the payment earlier is better for you or having an indefinitely delay payment from your client does?
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MAZER FINTECH SDN. BHD. (1332779-U)
A1-13A-2, Arcoris Business Suite, Block A1, No 10,
Jalan Kiara, Mont Kiara 50480, Kuala Lumpur, Malaysia.
Terma & Syarat | Dasar Privasi | © 2022 Mazer Fintech Sdn Bhd. All right reserved.
MAZER FINTECH SDN. BHD. (1332779-U)
A1-13A-2, Arcoris Business Suites, Block A1, No 10, Jalan Kiara, Mont Kiara 50480, Kuala Lumpur, Malaysia.
care@jomsettle.com
Terma & Syarat | Dasar Privasi© 2022 Mazer Fintech Sdn Bhd. All right reserved.
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