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These high-speed matchmakers offer vast, affordable, convenient choices. However, one challenging aspect of online marketplace model persists: the need to efficiently compensate the unprecedented volumes and increasingly global stream of service providers, freelancers, and suppliers. Marketplaces must pay their partners efficiently while mitigating risk, reducing compliance burdens, and maintaining profitability. At the same time, these businesses must grow in a lean, sustainable way to support their operating margins. And because of global demand and growth opportunities along with cost and availability advantages, marketplaces are also increasingly and aggressively looking outside U.S. borders. To better understand these challenges, Tipalti surveyed gig economy freelancers of various types around the world and asked about their payment concerns, the hurdles they face working with different marketplaces, and how these things affect their loyalty to those marketplaces. Download now to find out what we learned. |
