Upwork is one of the most popular freelance platforms on the internet, connecting millions of freelancers with clients from all over the world. One of the many features offered by Upwork is Direct Contract, which enables freelancers and clients to work together without the need for Upwork’s escrow system.
If you want to secure your payment, Upwork’s direct contract has got you covered. You and your client must have an Upwork account to get started. Upwork will ensure that your client bides by the contract and you receive the payment for your services without getting scammed.
Without further ado, let’s go through the steps you need to take to get payment through Upwork’s Direct Contract.
Step 1: Agree on payment terms
Before you begin working on a Direct Contract, it’s important to agree on payment terms with your client. This includes the rate you will be paid, how often you will be paid, and how you will receive payment. Make sure that you are clear on all these terms before starting work to avoid any misunderstandings down the line.
Step 3: Create an invoice
It is now time to create an invoice. Upwork provides a simple invoice template that you can use to create an invoice quickly and easily. You’ll need to include details such as the amount due, the date of the invoice, and any payment terms you previously agreed upon.
Step 4: Submit the invoice to your client
After you have created the invoice, you’ll need to submit it to your client for payment. You can do this through Upwork’s messaging system or any other method you have agreed upon with your client. Be sure to follow up with your client to ensure they have received the invoice and are processing payment.
Step 5: Receive the payment
Once your client has processed payment, you’ll receive the payment in your preferred payment method, which can be PayPal, bank transfer, or other payment methods supported by Upwork. Upwork charges a 2.75% payment processing fee for payments received through Direct Contract.
This fee is nominal and is less than what platforms like PayPal charge so you are in good hands!
Step 6: Keep track of your income
As a freelancer, it’s important to keep track of your income for tax purposes. Upwork provides an income tracker that allows you to see all the payments you have received through the platform. You can also export this information for use in your accounting software.
In conclusion, getting paid through Upwork’s Direct Contract is a straightforward process. By agreeing on payment terms, creating an invoice, submitting the invoice to your client, and receiving payment, you can ensure that you are paid for your work without the need for Upwork’s escrow system. Remember to keep track of your income and follow up with your client if necessary to ensure a smooth payment process.
