If you have ever tried to get paid online, especially from across continents, then you can probably relate to the struggle of getting paid promptly without the hassles of excessive delay, huge transaction fees, incompatibility, and many other issues. It’s worse if you’re a freelancer, as you could get clients from all ends of the world, possibly requiring you to have dozens of payment accounts, which would make it difficult to track your income; worse still, you may still experience failure in accepting payments, especially out of your region.
The good news is that Bitcoin has solved this! Whether you're working with clients across the globe or in your local area, Bitcoin allows you to send and receive crypto payments across borders without relying on traditional finance or experiencing long wait times, no weekend policy, and so on. As a result, Bitcoin has caught the attention of many people who make payments across borders, and if you are a freelancer that needs a regular means to accept these payments, Bitcoin may just be what to turn to.
In this article, we'll be discussing how you, as a freelancer, can accept Bitcoin payments with zero fees, eliminating the issues of high transaction fees, with the extra advantage of processing your transactions within a few minutes!
Common Struggles Associated with Traditional Payments
Let's face it, accepting payments with traditional payment methods can be a real headache. First, the exchange rates could be unpredictable, especially in countries with unstable economies, and if not well calculated, you could be losing a huge chunk of your money. Many commercial banks only open for about 10 hours on weekdays and never on weekends. Moreover, international transactions are typically more expensive and take longer to process; hence, the sender would typically have to wait for 3 - 5 working days before you can get it. That’s not all! You may also need to make a physical appearance to your bank to confirm the payment before cashing it out, making the process unnecessarily long and stressful.
Fintech options like PayPal and Wise mitigate these issues to a much larger degree; however, they come with their own set of troubles, from high transaction fees, to unavailability in certain regions, which can limit options and overall slow down the process.
However, the borderless nature of blockchain technology makes it possible to send and receive cryptocurrency from anywhere in the world. More importantly, these transactions are peer-to-peer, requiring no third parties or central authority to approve them; hence, they can be completed with little fees at record times.
Cwallet is one such crypto wallet that provides you with wallet addresses that allows you to accept crypto payments. However, beyond the typical method of sending and receiving cryptocurrency, Cwallet has a unique “request tool” that optimizes the process, allowing you to send invoices and keep a record of all your crypto payments.
The Cwallet Request Tool
The Cwallet request tool is a unique tool that adds features for receiving express payments. With a single payment link or QR code, you can accept as many as 15 cryptocurrencies without having to manually copy your wallet address every time.
With the request tool, you can generate a payment invoice and email it alongside a breakdown of fees to be paid, and they can simply send you Bitcoin, Ethereum, and 10+ popular cryptocurrencies from any wallet of their choice.
The best part is that Cwallet charges nothing for all of these. So, you need not worry about losing a chunk of your hard-earned money to transaction fees, which is typical with traditional banks and fintech options.
Cwallet also allows you to create as many payment requests as you want, each with a unique payment link and QR code. Hence, you can easily manage all of your payment requests in one place without having to juggle multiple payment systems. Also, you can track all payment requests, see the ones that are overdue, and remind your clients to pay up. All of these make it possible to manage your finances, revenue, and expenses and make better financial decisions.
Finally, Cwallet uses advanced encryption mechanisms to protect your data and ensure that your details are safe and no external person can compromise your funds or personal information. With Cwallet, you can rest assured of optimal security.
I bet you’re tired of receiving payments with high costs, excessive delays, compatibility issues, and other bottlenecks. So, do yourself a solid, try out Bitcoin payments, and make the entire process seamless with the unique Cwallet request tool. Learn More