Hiring a freelancer is a smart and affordable way to utilize outside talent for business success.\nYou may hire a freelancer because no one in your company has the qualifications and skills to do something you need to be done, or because you only need a particular skills once or twice and can’t justify hiring full-time staff.\nTo make the most of this hiring experience, you should invest in easy, accurate, and efficient ways to pay freelancers.\nBest way to pay freelancers\nWe’ve compiled a list of freelance payment methods to make sure your online payroll process works as smoothly as possible. Let’s dive in.\n1. Hubstaff\n\nWhat makes it special:\nHubstaff provides a three-in-one app feature – freelance time tracking, invoicing, and automatic payroll which supports PayPal, TransferWise, Payoneer, Bitwage, and QuickBooks.\nHubstaff allows you to track the time your team spends working, while also capturing optional randomized screenshots, activity levels, and apps and URLs used. Combined, these features make it easy to manage and pay freelancers for their work. There’s no question about what was worked on, and by whom.\nTo save you even more time, Hubstaff offers automated payroll, daily timesheet emails, and reports that can be customized for your use.\n\nThe payroll function allows you to easily add a team member to your organization, set their pay rate, and automatically issue payments at time intervals you can decide on. In other words, you can pay freelancers virtually from within Hubstaff using the time they track on Hubstaff’s time tracker apps.\nYou can also turn on timesheet approvals so that payments are only sent after you’ve reviewed each person’s time.\nRead about how we saved $30,000 on contractor payroll.\nHubstaff also integrates easily with top project management software so your freelancers can track time directly to tasks. For an even better time and project management solution, check out Hubstaff Tasks. It’s a visual, kanban-style project management tool built to work with Hubstaff. Your detailed tasks include checklists, assignees, due dates, attachments and much more.\nHere are a few things you can do with Hubstaff:\n\nSet different pay rates for individual freelancers\nSend payments automatically or manually\nPay for the exact amount of time worked\nSchedule payments weekly, bi-weekly, monthly or twice a month\nEasily integrate with PayPal, Payoneer, TransferWise or QuickBooks\nIntegrate with a project management tool such as Hubstaff Tasks, which is designed to make collaboration easy with Kanban boards, detailed tasks, weekly sprints and automated daily team standups\n\nGet started with Hubstaff’s automated payments and payroll.\nPay your virtual teams easily, accurately and on time with @Hubstaff's automated payroll. Click To Tweet\n2. PayPal\n\n\t\t\n\t\t\n\t\t\t\n\t\t\t\t\n\t\t\t\n\t\t\n\nWhat makes it special:\nPayPal is the most widely used form of online payments for websites, companies, and individuals. It has 227 million active users, services more than 200 markets, and supports 25 currencies to serve a truly global market.\nStarted in 1998, PayPal has a market capitalization of $100 billion, and the number of users has grown from 15 million to almost 250 million. In addition to being one of the most trusted and widely used money transfer service, PayPal also allows you to pay from your credit card, make bank account payments, PayPal wallet and a PayPal credit line.\n\nManage and pay your freelancers with Hubstaff\nUse Hubstaff to track time spent on tasks, manage freelancers, and streamline payments.\n\n\nPayPal Mass Pay allows you to make mass electronic payments to multiple recipients with just one click.\n\nSend money to multiple freelancers at once\nIntegrates with Hubstaff for automatic payments based on time tracked\nCompetitive fees paid only when you send money\nSend payments to different countries\nSend payments in different currencies\nTrack payments\nPay freelancers quickly\n\n3. Payoneer\n\n\t\t\n\t\t\n\t\t\t\n\t\t\t\t\n\t\t\t\n\t\t\n\nWhat makes it special: \nPayoneer offers mass pay so you can pay multiple freelancers with ease. Mass pay can accommodate anywhere from 5 to 200 beneficiaries, so you can use it no matter how vast your freelancer network is.\nPayoneer provides fast, flexible, secure, and seamless cross-border freelance payment option. It was founded in 2005 and has since grown to serve businesses and professionals in more than 200 countries and 150 currencies. Payoneer is the payment method used by popular freelance websites such as Hubstaff Talent, because you can find freelancers, track their time, and issue payments all through the same account.\n\nFreelancers can withdraw funds directly to their bank accounts\nIntegrates with Hubstaff for better time tracking and team management\nPayoneer is regulated in the US and the European Union, and licensed to operate globally\nPay in multiple currencies to different countries\nSend payments via credit cards, bank transfers, online wallets or international checks\nSave money with free transfers\nFunds are available quickly, as soon as 2 hours after initiating a transfer.\nView detailed reports that include payment history, freelancer information, account history and more.\n\nLearn more about how to make automatic payments with Payoneer’s mass payouts.\n4. QuickBooks\n\n\t\t\n\t\t\n\t\t\t\n\t\t\t\t\n\t\t\t\n\t\t\n\nWhat makes it special:\nSync with bank accounts, track expenses with user-friendly accounting software, get expert support and opt to have a professional accountant take care of your taxes.\nQuickbooks is an accounting tool that also has a full-service payroll feature. Simply enter the hours worked and QuickBooks will do the calculations. To speed things up, QuickBooks has a Hubstaff time tracker integration that allows you to send automatic payments and payroll based on exact time worked. After you’ve paid your freelancers, you can also have an expert accountant take care of your taxes for you.\nTheir payroll service comes with multiple features and unique benefits.\n\nPay freelancers by check or direct deposit. Print checks for free\nIntegrates with Hubstaff for streamlined time tracking and payments\nFree expert support via phone, IM, and email\nGet tax support and streamline taxes\nAutomatic calculations; just enter the data or send hours through a time tracking integration, and QuickBooks does the rest\n\nLearn more about integrating Hubstaff with QuickBooks.\n5. Venmo\n\n\t\t\n\t\t\n\t\t\t\n\t\t\t\t\n\t\t\t\n\t\t\n\nWhat makes it special:\nSign up with Facebook, free to make payments from U.S. bank accounts, major debit cards, and Venmo balance.\nVenmo is an online wallet that allows users to send money between Venmo accounts. Just connect your bank accounts or cards, load up your Venmo balance, and send payments to freelancers. This service doesn’t offer a fee calculation tool, so clients will have to determine how much to pay their freelancers manually. And it’s only available in the United States.\n\nPay from a bank account, major debit cards, or your Venmo balance\nFree to receive money\nFree to send money when using certain debit cards\nFreelancers can get money to their bank accounts within one business day\nSign up with Facebook or email\n\nVisit Venmo.com to learn more.\nUse @Venmo to get payments to freelancers within one business day. Click To Tweet\n6. Bitwage\n\nPay your team of freelancers, contractors, and virtual assistants with Bitwage. It’s simple to use, allowing you to create payroll and fund it using wire, ACH credit, ACH debit, SEPA, credit card or digital assets.\nBitwage integrates with Hubstaff so you can make sure payments are 100% accurate. Add pay rates in Hubstaff, have your team track hours, and then use those timesheets to issue automatic weekly, bi-weekly, or monthly payments.\nWhat makes it special:\n\nSimple and precise time tracking\nAutomatic credit card payments\nScreenshots and activity levels\nGenerate custom reports\n\nLearn more about automating payments with Bitwage.\n7. Xoom\n\n\t\t\n\t\t\n\t\t\t\n\t\t\t\t\n\t\t\t\n\t\t\n\nWhat makes it special:\nSimple to use, lock-in exchange rates, transaction tracking online or via text, email or 24-hour phone line.\nXoom is a money transfer service that operates in 32 countries and works with multiple currencies. It’s a straightforward service that will allow you to send money from your bank accounts or credit cards to a freelancer’s account. Freelancers also have the option of picking up their payments at specific locations, such as Western Unions. In some countries, Xoom also offers cash pickup and door-to-door deliveries.\n\nSimple and easy money transfer service\nCash pickups and door-to-door deliveries available in select countries\nPay freelancers using a credit card or direct from bank accounts\nSend money to a bank account or pick-up location\n\nLearn more about how to transfer money with Xoom.\nPay freelancers direct to their banks or to a cash pick-up location with @Xoom. Click To Tweet\n8. TransferWise\n\nWhat makes it special:\nBatch payments simplify payroll by allowing you to send up to 1,000 payments at once. And, all at one low, transparent fee.\nTransferwise offers easy, international payments for freelancers and remote teams. Multilingual customer support is available by live chat, phone or email.\n\nAbility to pay money directly to email with TransferWise\nNo international receiving fees for freelancers, as you’re paying directly to their account\nClient benefits, too, as they end up paying less on international payment fees\n\nLearn more about how to transfer money with TransferWise.\nWhat you think is the best way to pay freelancers\nNow that we’ve covered our favorite and easy freelancer payment methods, we want to hear from you. No matter whether you’re a freelancer, or someone hiring freelancers, let us know: what are your favorite payment services?\nThis post was originally published in 2015, and updated March 2019.