To get paid for your shift, it’s important to first agree with the client how long your shift lasted. You can do this through the checkout process on the platform. During this process you have two options:
Direct payment
You will be paid within 3 or 5 business days after your checkout has been approved. It’s the easiest and quickest way to receive your payment, as you’re not dependent on the payment terms used by the client. The reason why this method is so fast, is because the factoring company Finqle (a different company with which you sign a separate contract) pays the amount in advance and takes over your debtor risk. The cost for this service is 2.9% of the total invoice amount.
As soon as the client pays
Clients have up to 14 or 30 days* to pay the invoice after they have received it. You can always find the exact payment term in the shift agreement that you create with the client once you apply for a shift.
It’s possible that a client doesn’t pay within the agreed payment term or pay at all. For that reason, please keep in mind that your debtor risk, when you choose this option, is a lot bigger than if you choose the direct payment option. The average payment term that you see when you checkout provides only a guide and so no guarantee on exactly how long it will take for your payment to arrive. In short, you don’t know exactly when the money will be in your account. For that reason this option comes with no additional costs.
Read more about this payment option here.
* In rare cases, the payment term may be 45 or 60 days. The number of days can be found in the assignment agreement.