outsourcers can pay their freelancers directly in seconds for only $5
Santa Monica, CA (PRWEB) July 01, 2011
ATMCash.com, an emerging global payment platform and worldwide online money transfer service unveiled a new service that enables US customers to pay their contractors directly all over the world.
Most outsourcers pay their freelancers through online platforms that charge up to 10% of the total project costs, while freelancers, often unbanked, are charged additional fees to receive their pay. With ATMCash.com, outsourcers can pay their freelancers directly in seconds for only $5. The freelancers will receive a re-loadable prepaid card that allows them to withdraw the funds from over 1.5 Million ATMs in 150 countries without the need of a bank account. Additional payments can be made instantly by re-loading the same card.
“I've been working with a developer from Pakistan and got tired of paying a 10% fee from the site that introduced us. With this service, I was able to pay him directly and it only cost $5. I just wanted to cut out the middleman, and it worked great for him because he didn't need a bank account to get the money, it's a win-win!” said Sirous J., a real estate entrepreneur based in Baltimore, Maryland.
Additionally, ATMCash.com provides a unique free feature, similar to an “escrow service”, without a third party involvement. Outsourcers can add money to the card and place a hold on withdrawals, while freelancers can verify the card balance. Once the work is delivered, outsourcers can remove the hold in seconds and freelancers can easily withdraw the funds. This keeps the outsourcers in control of the payment transaction while allowing full transparency for freelancers.
Founder and CEO, Jonathan Cooper explains: “our customers appreciate the low fees, if you're paying $2500 a month for an offshore app developer, you’d save up to $2800 a year with our service. Just as important, our 'escrow like' feature takes away the anxiety that usually comes with outsourcing, and its a great benefit for our customers.”
ATMCash.com (Forex Express Corporation) was established in 2005 as a global payment platform and an online money transfer service to over 150 countries. Using prepaid debit cards instead of the traditional third party agent-based models and bank wires, recipients can withdraw the funds from over 1.5 million ATMs worldwide, without the need of a bank account. ATMCash.com is changing the way people transfer money and pay freelancers by providing more control, peace of mind and savings for the customer.
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