Empowering Freelancers with Borderless Crypto Payments
Learn how freelance platforms are enabling global talent with instant, low-cost cryptocurrency payment solutions.
Industry Overview
The freelance and gig economy includes platforms and individuals offering services like graphic design, programming, or ride-sharing, often involving cross-border payments.
Challenges in the Industry
- High fees for international payments to freelancers.
- Slow payout times (e.g., 3-5 days for bank transfers).
- Lack of crypto payment options on major platforms.
- Compliance with tax and anti-fraud regulations.
How Big White Pay Helps
Big White Pay’s payment links allow freelancers to receive crypto payments instantly from clients worldwide. The platform’s on/off-ramping converts crypto to fiat for freelancers, while AML/KYB ensures compliance. White-label options enable gig platforms (e.g., Upwork-like services) to integrate branded crypto payments, with centralized transaction monitoring for platform operators.
Key Benefits
- Near-zero fees for cross-border payments.
- Instant payouts improve freelancer satisfaction.
- Compliance reduces legal risks for platforms.
- Attracts crypto-savvy freelancers and clients.
Use Case Example
Real-World Application
A freelance designer sends a Big White Pay link to a client in Europe, who pays $2,000 in Ethereum. The platform converts it to fiat, ensures KYB compliance, and deposits the funds into the freelancer’s bank account within minutes, saving $50 in transfer fees.