Workers can choose from three payment options when submitting their hours via the app:
Option 1 | Standard payment (no costs for workers)
With this option, workers receive their payment after you have transferred the amount to us. Your payment term (usually 14-30 days) is displayed on your profile so workers know what to expect. This gives them an indication, but no guarantee of the exact payment date. Timely payments are essential – they ensure a good relationship with workers and protect your reputation. Note: payments made after your stated term can affect your rating. If payment is delayed, workers may contact you directly. We also send automatic reminders to ensure timely processing.
Option 2 | 3-day payment (2.9% fee for workers)
When workers select this option, YoungOnes takes over the debtor risk. We advance the amount and ensure the worker is paid within three business days after you approve the hours. For this service, the worker pays 2.9% of the invoice amount to YoungOnes. Your standard payment term still applies for paying the invoice to YoungOnes.
Option 3 | 1-minute payment (4.8% fee for workers)
This is our fastest option, where workers receive their payment within one minute after you approve the hours. The worker pays a 4.8% fee for this instant payment service. As with the other options, your standard payment term remains applicable for paying the invoice to YoungOnes.
