Gigapay Discount - Up to 15% off
Payment solution acting as an MoR that streamlines global creator payouts, while handling tax reporting, compliance, and support.
Get discountCategory
Accounts Payable SoftwareWhat is Gigapay?
Gigapay is a comprehensive payment solution designed for compliant creator payouts, serving as a merchant of record to streamline tax reporting, payout processes, and vendor onboarding. It enables scalable, instant payments to a large number of creators engaged in task-based digital work. Key features include 1099 preparation, accounting, ACH payment processing, an activity dashboard, alerts/notifications, API integration, approval process control, billing and invoicing, compliance management, electronic funds transfer, electronic payments, ERP integration, financial management, invoice processing, real-time data, recurring payments, reporting/analytics, status tracking, supplier management, third-party integrations, and vendor management.
Based on the provided product data, here are six key features of Gigapay:
- Instant global creator payouts
- Automated tax compliance management
- Streamlined vendor onboarding process
- Batch payments with consolidated invoicing
- Multi-currency support in 40+ countries
- Dedicated support for creators
Eligibility
Number of Seats/Users: Gigapay offers discounts based on the number of users or seats. A higher volume typically leads to a better discount structure, especially for enterprise-level usage.
Commitment to a Long-Term Contract: Discounts are often provided to companies that commit to using the service for a longer period (e.g., 1-year or 3-year contracts). A longer commitment shows Gigapay that the company is serious and willing to invest in the platform long-term.
No Active Discounts: Companies that are not already receiving other active discounts may have a better chance of qualifying for additional discounts from Gigapay. Gigapay reserves discounts for new customers or those not currently under promotional pricing.
Volume or Usage Commitment: Gigapay offers discounts if you agree to a minimum amount of usage or transaction volume. This could be based on data storage, transactions, or other metrics tied to how much you will use the platform.
Enterprise-Level Negotiation: Companies that qualify as “enterprise” due to their size or complexity (e.g., having large teams, multiple departments, or geographical presence) may be eligible for additional discounts from Gigapay. Such companies are often in a position to negotiate for better pricing.
Early Renewal or Prepayment: Gigapay often offers discounts if you renew early or prepay for the entire contract period. This is a common approach to securing a lower price.
Gigapay - Up to 15% off
Reviews
Hey there! As a Spendbase discount specialist, I’ve gathered some insights from our clients about Gigapay’s services. Here’s what we’ve found:
Key Benefits Highlighted by Spendbase Clients:
-
Streamlined Vendor Onboarding: Clients appreciate Gigapay’s efficient onboarding process, which simplifies the integration of new creators and vendors.
-
Global Payment Capabilities: The ability to handle payouts in over 40 countries is a significant advantage, allowing businesses to expand their reach without payment hurdles.
-
Tax Compliance Management: Gigapay’s handling of tax reporting and compliance eases the administrative burden, ensuring adherence to local regulations.
-
Dedicated Support: The platform offers direct support for all billing and onboarding matters, enhancing the overall user experience.
Notable Client Experiences:
-
Boozt: By leveraging Gigapay, Boozt scaled its influencer marketing efforts, partnering with nano- and micro-influencers, which led to a 10x ROI on campaigns.
-
The Goat Agency: This agency reduced its invoice processing volume by 80% through Gigapay, allowing more focus on high-impact tasks.
-
Once Upon: Faced with global influencer payout challenges, Once Upon partnered with Gigapay and achieved streamlined operations and international compliance.
Areas for Improvement:
- EarlyPay Feature: Some clients have reported delays in receiving payments through the EarlyPay feature, indicating a need for process optimization.
Overall, our internal data shows that Gigapay is highly regarded for its comprehensive payment solutions, particularly in the creator economy. Its ability to simplify complex processes and provide robust support makes it a valuable tool for businesses aiming to efficiently manage creator payouts.
See how much you can save on your stack
FAQ
1. What is Gigapay?
Gigapay simplifies payments for creators and freelancers, handling legal compliance and administrative tasks for companies.
2. How do I sign up for Gigapay?
Enter your invitation code on the Gigapay signup page, verify your email, and confirm your country of residence.
3. What fees does Gigapay charge?
Individuals pay a 4% fee; companies using automated invoicing pay 2%; manual invoicing is free but has a 15-day payment term.
4. When will I receive my payment?
After accepting the payout, Gigapay transfers funds to your bank account, typically within seconds.
5. How can I contact Gigapay support?
Reach out via chat on our website or email support@gigapay.co during office hours (9 AM to 5 PM CET).
6. Does Gigapay handle tax compliance?
Yes, Gigapay manages tax reporting and compliance, ensuring all necessary deductions and filings are handled.
7. Can I use Gigapay without a registered company?
Yes, individuals can receive payments through Gigapay without starting a company or registering as a sole trader.
8. What is EarlyPay?
EarlyPay allows you to receive payments before the scheduled payday for a small fee, providing faster access to funds.
Related discounts
SimplifiAP
Accounts Payable Software
Up to 40% off
PaperSave
Accounts Payable Software
Up to 40% off
N2G ERP
Accounts Payable Software
Up to 45% off
Weel
Accounts Payable Software
Up to 40% off
SnapAP
Accounts Payable Software
Up to 35% off
Apptricity Travel and Expense
Accounts Payable Software
Up to 20% off
Software cost optimization
Gigapay savings in five steps
Let’s estimate your potential savings and see how you can scale your cloud infrastructure.
One call. No cost. No commitments
meet vendor relationship EXPERTS
Our customers save millions with us
Save on Gigapay
It’s time to shrink your bill
Let our SaaS cost optimization experts check what deals you can get and how much you can save on your corporate subscriptions
See how you can:
- Learn about pricing benchmarks and discounts
- Present potential savings by vendor to your team
- Meet your SaaS and cloud cost optimization goals
Get Gigapay discount
We’ll email you back within 1 business day