The most popular payment apps for freelancers
Freelancing isn’t as easy as a nine to five. Among problems like keeping up with clients and winning new business lies the issue of payment. ONS data shows that freelance work was popular during the pandemic, then decreased once restrictions were lifted. This data also shows that 18% of people are self-employed in London, this number includes freelancers. There has been a 14% increase in the total number of freelance workers in the UK from January 2021 into March 2022 and the number is still rising.
Despite recent setbacks, PayPal sits at the top with a staggering 2.5 million searches a month. The oldest app on our list, PayPal has been a part of online business since 1998. That search volume translates to a monthly average users (MAU) volume of 2.95 million in January 2021. PayPal has a dedicated business account type with over 20 million accounts and operates in more than 200 countries and regions across the globe.
Starting in 2010, Stripe is a newcomer to the scene but has quickly made a name for itself. With a healthy 142,000 searches per month, Stripe is offered as a payment app in 47 countries around the world. Despite being one of the newest clients, Stripe has over 56,000 users in the UK alone and has over 3.1 million businesses using its services.
Google first made steps into the payment services world in 2013 and despite being the most recent of the top three, it garners an impressive 91,000 searches a month. Available in over 70 countries, Google pay for business boasts over 10 million downloads of its app which is separate from the consumer version.
