SadaPay unveils benefits of retaining earnings in USD with
SadaBiz for freelancers
SadaPay, a Fintech firm based in Pakistan, recently outlined
how retaining earnings in USD with SadaBiz can significantly enhance the
benefits of freelance work.
In their latest app update, SadaPay introduced the
"Available Earnings" widget, allowing freelancers to hold their
earnings in USD for as long as they wish or convert them to PKR at their
convenience.
Freelancers can take advantage of fluctuating exchange rates
by choosing the most favorable time to convert their USD earnings into PKR,
providing them with greater control over their income and the ability to
maximize their earnings.
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It's important to note that the "Available
Earnings" feature is not a USD bank account, and users cannot spend money
directly from this balance. Freelancers must withdraw their earnings to their
SadaBiz account in PKR before spending.
SadaPay clarified that the "Available Earnings"
represent accumulated invoice payments that haven't been withdrawn from the
platform yet. While the current feature focuses on PKR, SadaPay aims to launch
fully functioning USD, EUR, and GBP accounts in the future.
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The mission at SadaBiz has always been to provide
freelancers with autonomy over how they get paid, whether it's billing clients
directly or letting clients choose their preferred payment instruments.
The new feature addresses a critical pain point for
freelancers by allowing them to decide when the currency conversion happens,
providing a strategic financial advantage in a world where currency values can
be unpredictable.
Freelancers are no longer at the mercy of sudden market shifts
and can plan, forecast, and convert when exchange rates are in their favor,
maximizing their earnings.
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SadaPay emphasized that this feature is a direct response to
user feedback and popular demand, aiming to address the challenges freelancers
face in managing their finances in a global marketplace. The ability to
accumulate USD earnings in the SadaBiz account reflects a commitment to the
financial well-being and success of freelancers, offering an empowering tool
that puts them in control of their financial journey in the global marketplace.
Source: https://www.crowdfundinsider.com/