Payments

 

For the latest available payment information please check out the sections below:

General Payments Info

Getting paid is clear and simple in Wordapp. As Wordapp grows, we are also improving our payment system. Started in December 2017, all payments on www.wordapp.com are being made from The Netherlands. This means that all freelancers on this platform must supply a national ID number or a tax identification number (TIN), either their personal tax identification number or company information if applicable.

How much we pay

From your Task Feed you can see exactly how much every task pays. In Wordapp, your hourly rate will be substantially higher than working “offline.” Some examples of the time you save are:

  • You don’t have to apply for jobs, all available tasks are in your task feed
  • Machine Learning makes sure the best tasks are selected that fit to you
  • You don’t have to spend time on submitting tasks in Dropbox/Email/Drive
  • Feedback shows up directly in your Task Feed

When you get paid

As soon as you submit a task, the payment for that task goes to your “pending balance.” When a task is approved by the client the payment for that task goes to your “withdrawable balance.”

As of 02/02/2018, freelancers will have the option to withdraw their balance:

  • Free* transfer to your bank account within the same day

You do not need to worry about when you get paid or ask for your payment anymore. Simply click on “withdraw” whenever you need the money and the withdrawable funds will automatically get transferred the same day to your bank account.

*Free bank transfer for balances over 500 Euro (there is an 8 Euro transaction fee for balances below that).

Payment Statuses In Wordapp

  • Pending: You’ve requested your balance, waiting for the approval. Your payment will be approved within 1 business day.
  • Processing: Your payment has been approved by us and being processed by our payment provider.
  • Paid: Process is completed. The money should reflect in your bank account soon. (EU: 1-2 Business Days / Non-EU: 3-5 Business days)

 

Automatic self-invoice upon transfer

No more time spent sending invoices, since your invoice is generated automatically upon transfer of your money. You can then download the invoices whenever you need them.

Connecting your account

Learn about connecting your account to Wordapp

Getting paid is easy and fast in Wordapp. With the current update, users can withdraw their balance to their bank account within the same day.

How do I connect my account

You need to connect your account first to be able to withdraw your balance in Wordapp. For that, you need to follow two simple steps.

  1. Go to your invoice profile settings under your profile settings and fill in the necessary parts.
  2. Move on to your payment settings, and fill in your bank details.

Once you have follow these steps, you are ready to withdraw your balance from Wordapp and you will get your money within the same day. Your invoice will be generated automatically when you request a withdrawal.

A few important things to consider

  • Your country in your invoice profile has to be the same country where your bank is located. For now, you won’t be able to change your invoice country once you select it and clicked save. If you accidentally save the wrong country for your bank, contact us via live chat, and we can help you correct it.
  • Your name under your profile settings and your name under your invoice settings should be the same.
  • Check below if you want to learn more about your Tax ID.

Why does Wordapp need my Tax ID?

Beginning in December 2017 all payments from www.wordapp.com started to be made from The Netherlands. Therefore, Dutch law requires us to know who we send money to and we must share that information with the tax authorities.

What is a Tax Identification Number?

The TIN number is different in different countries, here is a list of a number of European TIN numbers. If your country is not on that list you should use the number you use when you contact the tax authorities in your country. If you do not have a Tax ID, you should use your National ID number that has been given by your government.

Will you deduct any taxes on my earnings?

If you live outside of The Netherlands we will not deduct any taxes and each freelancer is responsible to pay any applicable taxes in their own country. If you live in The Netherlands we will apply the taxable amount to your withdrawn balance total in accordance with EU tax rules.