Despite the growing maturity of international payment gateways, myths persist. One prevailing misconception is that using these services is inherently risky or prone to fraud, when in reality, many boast superior security measures to traditional banks.
Strong multi-factor authentication protocols have become the standard. Freelancers who understand the importance of regularly updating passwords and engaging with security alerts enjoy a secure transaction environment, often more so than with traditional banking methods.
Another myth is that signing up is a convoluted process. In truth, many platforms now offer streamlined sign-ups with minimal paperwork. These changes come due to increased competition driving platforms to simplify and enhance the user experience.
Finally, some believe that international gateways are only beneficial for high earners. In reality, they are configured to support small transactions with low costs, making them advantageous even for beginner freelancers. Get ready, because the final myth debunked might surprise you even more.