What changes does Stripe Connect bring for the employer?

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We’ve introduced Stripe Connect because this will allow us to offer features that make the overall experience delightful for both the contractor and the employer.

Benefits to Employers

  • The overall time from pay-in (receiving funds from the customer) to pay-out (transferring funds to the contractor) will be quicker. This is because we will automate a lot more of the contractor payments flow.
  • In the future, we will be able to support direct debit schemes for other popular currencies such as CAD, GBP and AUD.
  • More transparency and better visibility over payment status, which will allow contractors to anticipate when they’ll receive the funds in their account.
  • Employers and contractors will be able to view what FX rates are applied.

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