Exciting news for our community! Rise is thrilled to announce the addition of GBP (British Pound Sterling) and EUR (Euro) to our payout options. This enhancement is in line with our continuous commitment to cater to our global user base and to provide a seamless experience for our contractors.
What's the fee?
As we roll out this new feature, there will be a nominal fee of 0.95% charged to the contractor. We strive to keep our fees transparent and minimal, ensuring that you receive the maximum value for your work.
How does it work?
The process is simple and straightforward:
- Navigate to the Withdraw Page: Once logged in, head over to the Withdraw Page.
- Add External Bank Account: Here, you'll have the option to add an external bank account. This ensures a secure and seamless transfer of funds.
- Choose Your Currency: Contractors can now select either EUR or GBP as their preferred currency.
- Receive Direct Payment: Once everything's set, the currency will be sent directly to the bank account you've added. No middlemen, no hassles, just a straightforward transfer.
Why it matters?
The addition of GBP and Euro payouts is not just about expanding currency options. It’s about giving our contractors the flexibility they need. Whether you’re based in Europe, the UK, or anywhere else in the world, we want to make sure that you have the options that suit your needs.
Faster Payout Time: One of the standout features of our new payout system is the speed. We understand that in the freelancing world, time is of the essence. With this update, contractors can expect faster payout times, ensuring that your hard-earned money reaches you without unnecessary delays. Please allow up to 1 business day for GBP and EUR funds to reach your bank account.
At Rise, our goal has always been to prioritize the needs of our users. With the introduction of GBP and Euro payouts, we're taking another step towards simplifying the financial aspects of freelancing. We value your trust in us, and we're always looking for ways to enhance your experience.
Stay tuned for more updates, and here's to a brighter, more flexible financial future with Rise!