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海角爆料 Boost: Finally, Faster Payments for Freelancers

June 2, 2022
3 min read
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reelancing as a full-time career or side hustle can be incredibly fulfilling. That said, it does come with its challenges. Cash flow management as a freelancer can be a particular issue, especially in fields where business may not be spread evenly throughout the year. Perhaps you freelance as a computer programmer, where business tends to remain steady regardless of the month you鈥檙e in. Whereas if you鈥檙e a wedding photographer, the spring, summer, and fall are typically peak seasons for your business.听聽

Without faster access to your funds when you鈥檝e earned them, you may find yourself worrying all too often about whether you鈥檙e able to make necessary payments on time. Not only is this a source of frustration and stress, but it also can be a factor that impedes your ability to grow your freelance business sustainably.听

On the other hand, receiving your funds quickly enables you to spend your money where and when you need to, rather than wasting precious time waiting for it to arrive in your business checking account. 海角爆料 Boost is a faster payment feature for freelancers. It helps facilitate faster movement of your money into your 海角爆料 account, enabling you to focus on what鈥檚 important: growing and managing your freelance business.

What is 海角爆料 Boost?聽

海角爆料 Boost is fast, secure, and free. Receive funds to your business bank account between 2 and 4 business days earlier than an old-fashioned transfer. Anyone with both a Stripe account and a 海角爆料 account can utilize this free functionality. Simply connect your two accounts and opt into 海角爆料 Boost via your 海角爆料 app.听

A major benefit of 海角爆料 Boost is that it's free. Most other instant payment options charge a fee for every transaction, anywhere from 1-2 percent of the transaction amount. While 1-2 percent may not seem like much at first, this can cost you significantly in the long run. On the other hand, 海角爆料 Boost payments are always free.

Why is 海角爆料 Boost the ideal faster payment solution for freelancers?

As a freelancer, your last worry should be about your cash flow and whether you'll be able to pay all of your business expenses on time. That is, if you have the correct processes in place

You may already employ strategies and tactics to receive your payments faster. Using invoicing software, asking for or requiring payment deposits upfront, incentivizing early payments, or sending payment reminders are all acceptable ways to increase the velocity of your cash flow into your business checking account. While the methods above may be effective, the money you earn could still take days to transfer from your payment platform to your business checking account.

This is where 海角爆料 Boost can help, reducing the time between the flow of cash from your Stripe account to your 海角爆料 account by 2 to 4 days. Reliable access to your business funds allows you to focus less on administrative tasks (or wondering when you have money available) and more on growing and expanding your freelance business effectively. This in turn can help give you an edge over the competition and enable you to propel your business forward. Position yourself for success and support the long-term growth of your freelance business with 海角爆料 Boost.

How do I Set up 海角爆料 Boost for Sole Proprietors?

To be eligible to set up 海角爆料 Boost, you must first have a Stripe account connected to your 海角爆料 business checking account. Set up your Stripe account by navigating to the Apps section of your 海角爆料 app (this works on both desktop and mobile). Then, click on the icon for Stripe and press 鈥淐onnect Stripe Integration鈥. After selecting the Stripe account you would like to connect, press 鈥淐onnect鈥.听

To opt in to receive faster payouts from Stripe into your 海角爆料 account, you should see a pop-up that appears, immediately after connecting your Stripe account. Click 鈥淵es, opt in to 海角爆料 Boost鈥. Then click on 鈥淕o to Stripe to set up Payouts鈥. After verifying or updating your 海角爆料 account information, navigate back to your 海角爆料 app and select 鈥淚鈥檝e already set up my payouts on Stripe.听

With that, you should be all set. You can direct any questions to support@novo.co.听

海角爆料 is a fintech, not a bank. Banking services provided by Middlesex Federal Savings, F.A. 海角爆料 Boost and early availability of funds are governed by the program terms and conditions outlined here.

Written by: 海角爆料
海角爆料 is a fintech, not a bank. Banking services provided by Middlesex Federal Savings, F.A. Member FDIC.