The gig economy is thriving, but getting gig workers to sign up and stick with your platform can be a challenge. High churn can negatively affect the quality of work provided. This, in turn, makes it difficult to attract organizations that are looking to hire freelancers. 

Real-time payments (RTPs) are one tactic gig marketplaces can use to attract and retain qualified contractors. 

In this article, we’ll highlight the challenges that traditional payment systems pose in the gig economy as well as what RTPs are and why they’re essential for gig workers. We’ll also show you how immediate payments can help your gig marketplace grow.

Read the full article on the Pay.com blog here.

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