Stripe is a leading global payment processing company that enables secure and efficient online transactions. With a strong reputation in the industry, Stripe handles over $350 billion in transactions annually for thousands of companies, including well-known platforms like Lyft, Instacart, and Kickstarter.
Pangea.app chose to partner with Stripe to leverage its robust and reliable payment infrastructure for several essential reasons:
- Secure Transactions: Stripe ensures the highest level of security for financial transactions, protecting both talent and clients on Pangea.app. This commitment to security helps build trust and confidence in our platform.
- Global Accessibility: Stripe's wide-ranging payment capabilities allow Pangea.app to support freelancers and clients from various countries. It facilitates cross-border payouts, making it easier for talent and clients to collaborate globally.
- Efficient Payouts: Using Stripe streamlines the payment process, enabling swift and efficient payouts for completed contracts. This enhances the overall user experience for both talent and clients on our platform.
- End-of-Year 1099s: Stripe's integration with Pangea.app ensures smooth and accurate issuance of 1099-NEC forms for talent who earn more than $600 in a year on the platform. These forms are essential for tax reporting and compliance.
By partnering with Stripe, Pangea.app can focus on its core mission of connecting talent with exciting contract-to-hire opportunities while leaving the intricacies of payment processing to a trusted industry leader. The collaboration with Stripe allows us to maintain a secure, seamless, and efficient payment experience, making Pangea.app a reliable platform for talented individuals and companies seeking contract engagements.