Top 11 Benefits of Getting Paid Through Deel
Need help onboarding international talent?
From making payments through the SWIFT network to using international money transfer services like Payoneer, there are many ways an international independent contractor can receive their income from foreign clients.
However, Deel has a well-deserved reputation as one of the top platforms for contractors to get paid due to its advanced set of features that go beyond merely receiving a payment. Here are the key reasons why independent contractors worldwide prefer using Deel to other payment methods.
Save time through automated invoicing and withdrawals
No need to create your own invoices from scratch every time. Deel offers a built-in Invoice Generator, allowing you to create and send professional invoices in minutes.
You can generate an invoice by adding your invoice breakdown and client information. Once generated, you can send it to anyone, even clients you collaborate with outside of Deel.
The platform lets you store invoice details for future use, making it easy to streamline the invoicing process for any returning clients.
Simplify tax management
When it’s time to file your taxes, you can easily access all your invoices stored safely in one place.
If a contract is under a US entity, contractors and client companies can use Deel’s Tax Feature to generate and manage tax forms. When a contract is created, Deel uses the provided information to generate the necessary forms, such as Form W9 for US citizens, W-8BEN or W-8BEN-E for non-US contractors working for a US entity, and 1099s to track non-employee compensation.
Independent contractors in eligible countries can receive help from qualified tax advisors through Deel’s Tax Advice Marketplace. These tax advisors are vetted to ensure they meet the legal and certification requirements of their respective countries.
Contractors can easily access this service through their Deel dashboard under the Tax Advice tab, which enables them to book a video call with a tax advisor in their country. Service costs vary by country and are charged in local currency.
Onboard compliantly, quick and easy
Many platforms for sending and receiving money can only do just that. When the tax season comes, you need to compile your tax forms and other documents from your computer and email inbox to make sure you’ve accurately calculated your income, withholdings, expenses, and more.
Deel helps you avoid this mess by helping you fill out, store, and manage your compliance documentation in one, secure place.
For example, if you’re a non-US independent contractor working for a US-based company, you can fill out the W-8BEN tax form on the Deel platform and store it there with your other information.
As the workflow is intuitive, you won’t need more than 10 minutes to set up and get ready to create your first invoice.
Access your money fast
SWIFT transfers (ironically) can sometimes take days, which can be an inconvenience if you need your money fast. Other platforms, like PayPal, may sometimes have your money on hold until they verify the payment, potentially causing issues for your cash flow.
With Deel, this doesn’t happen. You can instantly access your money in several ways:
- If you’re based in one of the countries where the Instant Card Transfer feature is supported, you can access your money within one hour, for a small fee of up to $15 (2% flat rate).
- If you have a Deel Card, you can simply add funds to it directly from your Deel account and use them immediately—both online and in physical stores.
Spend your money conveniently with Deel Card
Contractors paid through Deel can spend their pay directly from their Deel balance without sending the money to the bank by using their Deel Card. This way, they can protect their income from currency fluctuations and get their pay in a more stable currency, like the USD.
If you’re eligible for Deel Card, you can easily submit a request on the platform. The total cost of $10 covers both issuing and shipping a physical card.
Deel Card doesn’t have any restrictions when it comes to where you can shop—the card works both in physical stores and online, you can add it to Google Pay, and use it for non-business-related purchases.
In case you lose the card, you can easily freeze it through your Deel account.
Get your pay early with Deel Advance
Deel Advance allows you to get your pay early when you’re in need, without time-consuming credit checks and hefty interest charges. This product levels the playing field for contractors around the world, who otherwise wouldn’t be able to access funds regardless of where they live.
You can access up to $50 of your Deel Advance without being charged a fee. Anything over this amount is paid back with a fixed fee to help cover our own costs. The minimum fee is $10 and you’ll be able to see exactly how much you’ll need to pay back before you click to request the advance. Transparency and no hidden fees are our modus operandi!
If you have a fixed or “Pay as You Go” contract on Deel that’s been active for at least two months, your account has been verified, and your contract hasn’t been terminated (or pending termination), you’re eligible for Deel Advance.
Enjoy additional perks and discounts
Thanks to our extensive network of partnerships with the best companies around the world, you get access to numerous perks—vouchers and discounts—that can enhance your global work experience.
For example, Deel partners with Booking.com, Avis & Budget, Pancake, Todoist, QuickBooks, SatefyWing, Preply, Little Emperors, Binance, BetterHelp, and many more to get you discounts whether you’re equipping your home office, seeking to boost your physical and mental health, or traveling.
All perks are easily accessible in one click through the Deel platform.
Manage your finances in one place with Expense Tracker
Deel is a platform where you can manage all your finances, from invoices and transactions to tax forms and business expenses.
With the Expense Tracker, you can upload receipts, categorize work-related expenses, and assign them to specific clients to track reimbursements. This can save you hours on end-of-year bookkeeping, provide you with better visibility over your spending, and ensure you never miss an expense.
Get superb health insurance
Deel negotiated exclusive discounts for the Deel community so that you can save money on health insurance wherever you are in the world.
Based on your location, you can get access to our various healthcare partners, such as Genki, HealthSherpa, Yonder, and SatefyWing, and get up to a 50% discount on different health insurance plans or pay as little as $1 per week for additional (dental and vision) plans.
Some of these plans also provide coverage for your family members as dependents, chronic illnesses, and travel protection in any country you may visit as a digital nomad.
Count on Deel’s exceptional support 24/7
Deel’s customer support is available 24/7 in 13 languages and through multiple channels (live chat, email, WhatsApp) to answer your questions and resolve any issues you may experience on the platform.
We have specialists with local knowledge in every country we operate in so that your queries are tackled with the highest level of expertise.
You can even get tax advice if you’re a tax resident in one of the following countries:
- United Kingdom
More countries are coming soon.
Access a community of like-minded remote workers
In 2023, Deel launched an online community that you can access in minutes as a contractor paid through our platform.
This community is ideal for connecting with like-minded people globally, exchanging experiences with other remote workers and digital nomads, answering your questions about the Deel platform, and even joining in-person meetups organized by the Deel team.
Experience the benefits of getting paid through Deel
Fast payments, low fees, and convenient perks like Deel Card and Deel Advance make our platform one of the most flexible and beneficial ways for contractors to get paid.
While there are many options to receive international payments in today’s fintech landscape, Deel is the all-in-one solution that over 150k workers rely on to work from anywhere and with anyone, compliantly and securely.
Sign up and unlock the smoothest contractor experience on the planet.