Top 7 Benefits of Getting Paid Through Native Teams

Whether you’re a freelancer, a remote worker, or a business operating in the global marketplace, chances are you’ve encountered the complexities and challenges of receiving global payments. From decentralised income streams to high withdrawal fees and currency exchange rates, navigating these difficulties can significantly complicate financial planning and affect your business operations. 

Global payment platforms like Native Teams can help you simplify receiving international transactions and streamline your financial planning within a single platform. In this article, we will explore the benefits of getting paid through Native Teams, so stay tuned.

Native Teams as a global payment solution 

Native Teams is an all-in-one platform offering simplified global payments for freelancers, remote workers, and global employers. Our payment solutions combine practical tools and features to help you send and receive global payments, manage all of your finances, and stay compliant with local laws and regulations – everything centralised within one platform. 

Top 7 benefits of getting paid through Native Teams

The Native Teams platform combines all the tools and features you need to receive global payments without any hassles. Below, we explore our simplified suite of payment solutions, which are beneficial for freelancers, remote workers, global employers, and everyone who works in the global market.

1. Client Invoicing tool

The Native Teams Client Invoicing tool is designed to help you bill your global clients without opening your own company. 

By signing up on the Native Teams platform, you’re getting access to the tool where you can simply add your invoice details, amount, and recipient. Utilising our legal entities in 65+ countries, Native Teams will send the invoice to your client, making them legally obligated to submit the payment. 

Once your client pays the invoice, the funds will be conveniently added to your Native Teams wallet, where you can manage them further. 

2. Payment Requests tool

Besides billing your global clients without a company, you can also utilise the Native Teams platform to send payment requests worldwide. 

Through our Payment Requests tool, you can choose anyone from your contact list and send them a one-time payment request or automated recurring requests on a weekly or monthly basis. 

Once you send your payment request, the recipient will receive an email notification and will be able to submit the payment instantly by card or bank. When your recipient pays your request, you will receive the funds in your Native Teams wallet.

3. Multi-Currency Virtual Wallet

The Native Teams Multi-Currency Virtual Wallet is a centralised space where you can conveniently receive, store, and manage all of your earnings and finances. The wallet is designed with multiple functionalities to provide you with the ultimate flexibility of managing your finances on your terms.

Each Native Teams wallet comes with a designated IBAN, allowing you to transfer funds in your preferred currency with ease. Besides managing your funds in multiple currencies, you can also top up, send, and receive money via card, bank transfer, PayPal, Payoneer, and other platforms. 

The Native Teams wallet also comes with a wallet-to-wallet transfer functionality, enabling you to transfer funds between different currency wallets, make wallet-to-employee payments, or send money from your personal to your legal entity wallet, and vice versa. Whether you’re an individual, a business owner, or a global employer, our wallet allows you to facilitate individual or batch payments, from a single platform, with the ultimate ease. 

Last but not least, our Multi-Currency Virtual Wallet comes with wallet statements, so you can have a comprehensive overview of your financial transactions at any time. You can also mark any of your statements as business expenses and easily download them in PDF format to facilitate accurate record-keeping and enhance your financial organisation. 

4. Native Teams Card

When it comes to making simple, secure, and transparent payments, the Native Teams Card will enable you to shop both in-store and online without any worries. Featuring high-security measures and global acceptance, Native Teams users can access a virtual or a physical card and make convenient payments wherever they are.

With the Native Teams Cards, you can also track your team expenses for more accurate and transparent expense reporting. Our cards are integrated into the Native Teams platform and allow you to set spending limits, allocate funds, and generate reports to simplify your financial management.

5. Global Payroll 

The Native Teams platform will enable you to facilitate a simplified global payroll, fitting companies with any number of international employees. Our Global Payroll solutions combine payroll calculations, taxes, contributions, and benefits to easily and compliantly pay your international team.  

With our global Payroll Calculator, you can get full salary breakdowns, giving you an overview of employee salaries and contributions with maximum accuracy. In addition to salary calculations, you can also submit employee contributions, taxes, and benefits, adjusted per each employee’s local laws and requirements.

Native Teams empowers you with a complete payroll solution that simplifies global payroll processing without any worries about tedious paperwork and compliance. 

6. Euro IBAN

Each user of the Native Teams platform gets an account with a dedicated Euro IBAN, helping you make simple and transparent international transactions. 

Our Euro IBAN feature will allow you to send and receive international payments without errors and delays. Besides facilitating safe and fast global transactions, a Euro IBAN will reduce currency conversions and other associated costs, allowing you to enjoy worldwide transactions with minimum fees. 

Whether you’re a freelancer, an independent contractor, or a business owner, Native Teams’ Euro IBAN feature will provide maximum security and convenience so you can conduct worldwide transactions with ease. 

7. Native Vault

Native Teams provides you with an easy way to save money and even earn rewards for saving with the Native Vault feature.

This feature works by providing a safe space where you can store a portion of your earnings for a pre-determined period of time. You can choose to reserve funds for 30, 60, or 90 days and save up to 2%, depending on the amount of time. 

Once the reservation period ends, your funds, along with the saving reward, will be deposited into your Native Teams wallet and available for use. You can also withdraw your stored funds earlier, but without receiving any rewards.

Summing up 

Native Teams’ global payment solutions are designed to simplify the process of receiving payments and let you centralise multiple financial operations within one platform. With tools and features for invoicing clients, sending payment requests, managing your earnings in the preferred currency, and more, Native Teams empowers you with a complete suite of payment solutions for the ultimate global success.