5 Advantages of Revolut Alternative for Gig Economy

Revolut alternative helps freelancers and independent workers save money and time by instantly and easily making payments.

The gig economy is a section of the economy that consists of independent contractors and freelancers who do temporary, flexible jobs. A survey found that around 59 million workers in the U.S. are classified as independent workers. It equates to 36 percent of the U.S. workforce. With a good and simple payment platform, freelancers can turn the trouble of managing funds into an easy and organized process.

1. “More Money in Your Pocket” – Reduced Fees for Global Freelancers

Many gig workers handle international payments, often dealing with clients on freelance platforms. Zil.US offers more affordable transaction fees on international and domestic transactions than traditional methods. The platform provides inexpensive and secure payment methods, as well as fee-free checking accounts with no hidden fees or maintenance charges. For example, if a U.S.-based freelancer needs to make payments for their subcontractor in a different country, they can use wire transfer facilities. The software offers U.S. checking accounts to send and receive money without losing money to exchange rates.

2. “Pay Your Way” – Flexible Payment Options

Flexibility in payment methods is necessary for gig economy workers, who may want to send and receive payments from multiple sources. Zil.US allows users to send and receive funds directly using different methods as their receiver prefers. The all in one platform offers ACH transfers, wire transfers, virtual cards, and check mails to send payments. A freelancing company hiring different employees, like data analysts, content writers, and video editors, may prefer different payment methods. Through the software, you can send the payments instantly and simultaneously without delays.

3. “Track Your Hustle” – Smart Budgeting and Tax Tools

Budgeting tools are incredibly valuable to gig workers managing irregular income. Zil.US, which is geared toward freelancers and independent contractors, automatically categorizes transactions to help workers track income and expenses. It can even generate detailed transaction histories, which are essential for freelancers who must prepare their own tax payments. For example, a freelance photographer can use the platform to track income and expenses and allocate money for different purposes. Users can make budgeting and tax preparation simpler.

4. “Cash Flow, Fast and Furious” – Quick Access to Hard-Earned Money

Speed is a key for freelancers needing instant access to funds. The software allows you to access and make payments anytime from anywhere. You can make online payments or transfer funds from the comfort of your home or office. No need to be worried about the need for manual handling. Even check mails are handled through the platform; users only want to make check payments! If a gig worker needs immediate access to funds for business expenses, like equipment repairs, the platform offers convenience. This instant access allows you to manage funds easily, enhancing urgent cash flow needs.

5. Specialized Customer Support for Gig Workers

The all in one platform prioritizes customer support that understands gig workers’ unique needs. Zil.US has dedicated support for freelancers who deal with cross-border payments, offering assistance in resolving issues with international transfers. The 24/7 customer support can solve your issues on demand without delays. With a reliable support team available through various channels—such as live chat and phone—users can easily access assistance when needed.

6. “Digital Wallets for the Win” – Simplified Transactions at Your Fingertips

Zil.US payment solution offers a digital wallet feature, allowing gig workers to store and manage their funds effortlessly. The digital wallet enables instant transfers between users, making it easy to pay for services or share expenses with collaborators. A freelance writer can use the digital wallet to pay for editing services or purchase stock photos, enhancing the transaction process. Users can fund the digital wallet via ACH or wire transfer and provide detailed transaction records of each payment.

7. Corporate Expense Card for Freelancers

The software provides corporate expense cards that freelancers can use to manage their business-related purchases easily. The cards can be funded easily and also refunded, deactivated, reactivated, and canceled anytime, making it simpler for gig workers to monitor their spending. For instance, a freelance consultant can use an expense card to pay for travel, meals, and software subscriptions while the platform tracks these expenses.

8. Multiple Online Checking Accounts for Easy Management

Freelancers may need to organize their payments and funds easily as they do not have other helpers. The platform allows freelancers to set up multiple online checking accounts, making it easier to segregate funds for different purposes. They can start multiple checking accounts for personal expenses, business income, and tax savings. A freelance web developer can maintain separate accounts for project payments and operating expenses, helping them stay organized and avoid overspending. The multiple checking account facility aids in budgeting and simplifies financial tracking and reporting.

Conclusion

Zil.US presents a robust platform for freelancers and independent workers navigating the gig economy. The software offers a suite of features designed to save time and money while simplifying financial management. With affordable transaction fees for international payments, flexible payment options and smart budgeting tools, gig workers can efficiently handle their finances. Additionally, the ability to create multiple checking accounts allows freelancers to organize their finances effectively. Users can ensure they can focus on their work without having to worry about managing complex payment processes. Overall, the platform empowers gig economy workers to enhance their financial practices and maximize their earnings.