Withdrawing to a Bank Account
goLance offers freelancers a way to withdraw their earnings straight to their bank accounts. Understanding Bank Transfers By choosing a bank method withdrawal, your goLance earnings are transferred directly into your bank account via different payment networks. This withdrawal method could either be a local or wire transfer. The difference between local or wire is where the money is converted. Money may be converted to your local currency before it reaches your bank, or after it rePopularCurrency Conversion Rates, Fees, and Withdrawal Times
Currency Conversion Rates goLance uses multiple currency conversion partners to convert USD earnings into your currency of choice. The rate is calculated in real time, and we select the partner which will give you the best rates possible. Currency Conversion Fees Our partners charge 1-2% of the withdrawal amount, plus a fixed $2-$9 fee per transaction. This is why the payment you receive may differ slightly from the bank currency conversion rate listed on google and other websiPopularWithdrawing to Paypal
is one of the most commonly used payment processors in the world. That is why we at goLance, offer the flexibility of adding PayPal as a withdrawal method for your convenience. However, it is only available on a limited basis. If you would like to know if you are able to add this withdrawal method to your account, please contact customer support.PopularWhen will I get paid?
The time of payment differs based on the type of contract that you are engaged in. However, it typically takes 10 business days from the end of a freelancer's pay period, until funds are deposited into their goWallet. Hourly Contracts: Timesheets for the week are submitted at midnight UCT on Sunday every week and have the following breakdown. Review period The first 5 days are a review period so that the employer can look at the work diary and confirm the hours worked. Some employPopularStablecoins
Introducing Stablecoins! We are proud to announce that we have integrated with a crypto payment provider to bring you a new method to withdraw money. Stablecoins! What are Stablecoins? Stablecoins are cryptocurrencies where the price is backed by a reference asset, generally an asset considered to be more stable. The assets are often fiat money, commodities like precious metals, or other cryptocurrencies. Stablecoins diffeSome readersWithdrawing to a Payoneer Account
Withdrawing your money to your Payoneer account and ordering a prepaid Mastercard from Payoneer is a convenient way to access your funds. However, there are important factors to consider when choosing this withdrawal method. Countries Available: Payoneer is available in more than 200 countries. To see a specified list, please review them on Payoneer's website goLance Fee: goLance charges a fee of $2 USD per transaction for this withdrawal method. PayoneeSome readersWithdrawing to a Cryptocurrency Wallet: Bitcoin, Ethereum, Stablecoin, USD Coin & USD Tether)
This withdrawal method deposits your goLance earnings directly into your chosen crypto wallet. A cryptocurrency wallet is a software program that enables users to send and receive digital currency based on blockchain technology. goLance support withdrawals to: Bitcoin, Ethereum USD Coin and USD Tether Countries Available: Most countries around the world. goLance Fee: $2 USD per transaction. Cryptocurrency Network FSome readersPayday Advance
Payday Advance is a special feature that allows freelancers to fully or partially release their payments as soon as they have been logged and charged. This feature allows users to bypass the review and security period. In order to bypass these stages, however, freelancers will be liable for a Payday Advance fee of 5.9%. This is to cover the risk of chargeback that goLance takes when issuing a payment early. If you would like to make use of this feature, please reach out to our customer supportSome readersgoLance Billing Methods
goLance offers multiple billing methods to ensure a convenient and hassle-free payment process for all its users. In this article, we will discuss the different billing methods available on goLance and how to use them. goWallet Balance: goLance's proprietary payment system, the goWallet, is the default billing method for all transactions on the platform. You can use your goWallet balance to send payments to freelancers, purchFew readersgoLance Virtual Card: Features, Benefits, and Fees
The goLance Virtual Card is a secure and convenient payment solution that can be used for online transactions, including international purchases. With this virtual card, you can enjoy greater control over your finances and reduce the risk of overspending. In this article, we will explore the features, benefits, and fees of the goLance Virtual Card. Security The goLance Virtual Card is more secure than traditional credit cards, as it is not tied to a physical card that can be lost or stFew readersHow to issue a manual invoice to your client
You should first ensure that your contract is set up to submit invoices to your client. You can check this in your contract settings. By default, it is NOT enabled. Ask your client to enable it, they can go to the contracts page, select your contract, and click on the settings button. Then they can set manual invoicing to "Allowed": To send a manual invoice, follow these steps: Click on your contFew readersUnderstanding the Transaction Status
When making or receiving a payment, it is important to understand the various transaction statuses that you may encounter. In this article, we will provide you with a comprehensive list of these statuses and their respective meanings. Paid - This status indicates that the payment has been successfully processed and is complete. The funds have been transferred to the recipient's account. Failed - If you see this sFew readers