What Are Automatic Payments?
Automatic Payments are scheduled transactions where funds are transferred from clients to freelancers or platforms without manual intervention, based on agreed terms.
Context & Usage in Freelancing:
Clients may set up automatic payments for subscriptions, milestone releases, or recurring services, ensuring timely compensation for freelancers and reducing payment delays.
Importance:
Automatic payments enhance cash flow reliability, reduce administrative tasks, and foster trust by ensuring freelancers are paid promptly as per contract terms.