Receive Payments

As a Freelancer using BananaCrystal

Virtual Terminal (POS)

Challenges Freelancers Face When Receiving Payments

Despite the growth of freelancing and various platforms supporting independent work, freelancers frequently encounter obstacles in receiving timely and full payments from clients. These challenges stem from several factors:

PAYMENT DELAY

Many freelancers experience payment delays that can last days or even weeks due to the complexities of international banking and the processing times associated with different financial institutions.

HIGH TRANSACTION FEES

Transaction fees, particularly for cross-border payments, can consume a substantial portion of a freelancer’s earnings. Major platforms charge fees ranging from 3% to over 10% of the transaction, depending on the region.

CURRENCY CONVERSION ISSUES

Freelancers working with international clients often receive payments in foreign currencies, making them subject to fluctuating exchange rates and currency conversion fees.

CURRENCY RESTRICTIONS

Certain clients are restricted to making payments in their local currency due to regional regulations or limitations with their payment systems, making it difficult for freelancers to receive payments in a more globally accepted currency like USD.

Solutions BananaCrystal Provides for Freelancers

BananaCrystal offers a tailored financial solution that addresses the payment challenges freelancers face, ensuring they receive their earnings smoothly, quickly, and affordably.

FASTER TRANSACTION SYSTEM

With BananaCrystal’s optimized payment network, freelancers no longer need to wait for days to access their funds. Payments sent to a BananaCrystal USD digital account are processed in seconds.

CHEAPER AND NO HIDDEN FEES

High transaction fees are a thing of the past with BananaCrystal. Freelancers who receive payments into their BananaCrystal USD account benefit from almost zero fees, maximizing their take-home earnings.

GLOBAL PAYMENT SYSTEM

BananaCrystal’s global payment infrastructure allows freelancers to receive payments from clients worldwide, regardless of the currency their clients use.

USD DEBIT CARD

Freelancers can apply for a physical USD debit card through their BananaCrystal account, providing access to their funds anywhere in the world. The card enables withdrawals from any ATM or POS terminal globally.