What are the benefits to contractors of using Stripe Connect for payouts?

Article author
Nneka
  • Updated

With the introduction of Stripe Connect, our goal is to introduce additional features that will make the overall contractor experience delightful.

Benefits of using Stripe Connect:

  • Contractors can get instant pay out once funds settle from the employer. Contractors whose local currency is GBP/USD/CAD/SGD can receive their funds in their bank account within 30 minutes.
  • Contractors now get visibility of processing times, pending funds and all payouts to their local bank account.

  • Most of the functionality, such as available balance, payout & more can all be managed from Remote without the need to login into Stripe every time.
  • Contractors can download the Stripe Express mobile app and log into their connected account to manage their money on the go.

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