With the largest network of rated and certified technology and creative experts, Elance helps businesses succeed by connecting them with the timely and specialized skills they need to get work done. Elance facilitates the entire work process from hiring to collaboration to payment. Businesses use Elance to achieve more by delegating work to qualified service professionals when needed. Service professionals use Elance to get jobs and make money doing what they do best. The company is privately-held and headquartered in Mountain View, California. For more information, visit Elance at www.elance.com.
With the Payoneer integration, Elance now offers reloadable MasterCard® cards that are funded with provider earnings, instead of paper checks, wire transfers or other payment vehicles. The Elance Prepaid MasterCard enables Elance members to easily and cost effectively access the funds they earn on Elance.
Elance has more than 100,000 service providers with more than 40% based outside the U.S. Accessing funds internationally presents unique challenges such as high wire transfer fees, delayed processing, and lengthy bank hold times on paper checks. A new low-cost method for accessing earned funds was critical to reducing the cost of doing business on Elance.
Over 1,200 Elance service providers signed up for the service in just two months – with 75 percent of them located outside the US.