To get paid for their shift, FreeFlexers need to complete their checkout. During the checkout process, FreeFlexers have the option to choose between two payment methods facilitated by Finqle.
DirectPay
FreeFlexers will be paid minutes after their checkout has been approved by the client (you). It’s the easiest and quickest way to receive their payment. In this case, the factoring company Finqle pays the amount in advance and takes over their debtor risk. The cost of this service for FreeFlexers is 2,9% of the total invoice amount. You as a client will pay the amount to Finqle within your set payment term.As soon as the client pays
When FreeFlexers choose this option, they get paid only after you as a client have paid the collective invoice to Finqle, even if you work with credit. From the moment you have paid the invoice, it may take up to 3 business days for the FreeFlexer to receive the payment in their bank account. The payment term is 14 or 30 days*. The 14 or 30-day payment period starts from the moment the invoice has been generated by Finqle and not from the date of the shift.
Once you approve the checkout, the invoicing process will start (unless the FreeFlexer has chosen to process outside the platform). The invoice for the FreeFlexer is created immediately after the checkout, so that those who have opted for DirectPay can be paid right away. The following Monday or Thursday, a collective invoice is generated. This is sent to you via email and will also be available in your Financial Overview.
Do you use direct debit? Finqle will automatically withdraw the correct amount on the day the invoice payment term expires.
In your financial overview, you see the invoice's creation date and when it expires.
Please note that FreeFlexers can also choose not to use Finqle’s invoicing services and instead invoice you directly, outside the platform. This is allowed, as long as they inform you in advance — specifically, at the time of their application.
* In rare cases, the payment term may be 45 or 60 days. The number of days can be found in the assignment agreement.