Empower clients to transform their payment experience // Strategic Marketing @G+D // Accessibility is for all // Opinions are my own // Advisor at Harvard // Money20/20 RiseUpโ24
๐ ๐๐๐ฒ๐ฆ๐๐ง๐ญ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ซ๐๐๐ญ๐จ๐ซ ๐๐๐จ๐ง๐จ๐ฆ๐ฒ๐ ๐๐ก๐ ๐๐ซ๐๐๐ญ๐จ๐ซ ๐๐๐จ๐ง๐จ๐ฆ๐ฒ ๐ข๐ฌ ๐๐ฑ๐ฉ๐ฅ๐จ๐๐ข๐ง๐ , ๐ฐ๐ข๐ญ๐ก ๐จ๐ฏ๐๐ซ ๐๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ซ๐ญ๐ข๐ฌ๐ญ๐ฌ, ๐ฆ๐ฎ๐ฌ๐ข๐๐ข๐๐ง๐ฌ, ๐๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐๐ง๐ญ๐ฌ, ๐๐ง๐ ๐ฆ๐จ๐ซ๐ ๐ญ๐ฎ๐ซ๐ง๐ข๐ง๐ ๐ญ๐ก๐๐ข๐ซ ๐ฉ๐๐ฌ๐ฌ๐ข๐จ๐ง๐ฌ ๐ข๐ง๐ญ๐จ ๐ฉ๐ซ๐จ๐๐ข๐ญ.(ref Visa) From TikTok dancers to life coaches, these creators are the new entrepreneurs of our digital age, crafting diverse revenue streams to forge sustainable careers. But there's a catch: the payment systems that support them. ๐๐ก๐ข๐ฅ๐ ๐ฌ๐จ๐๐ข๐๐ฅ ๐๐จ๐ฆ๐ฆ๐๐ซ๐๐ ๐ข๐ฌ ๐ฌ๐๐ญ ๐ญ๐จ ๐ฌ๐จ๐๐ซ ๐ญ๐จ $๐.๐ ๐ญ๐ซ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ฒ ๐๐๐๐, ๐ญ๐ก๐ ๐๐ข๐ง๐๐ง๐๐ข๐๐ฅ ๐๐๐๐ค๐๐จ๐ง๐ ๐๐จ๐ซ ๐๐ซ๐๐๐ญ๐จ๐ซ๐ฌ ๐จ๐๐ญ๐๐ง ๐ฅ๐๐ ๐ฌ ๐๐๐ก๐ข๐ง๐. ๐ Many creators face delayed payments, high transaction fees, and complex financial managementโchallenges that can stifle their creative output and growth. What creators need are payment solutions that match the speed and creativity of their work: ๐ณ ๐ฐ๐๐๐๐ ๐๐๐๐ ๐ท๐๐๐๐๐๐๐ : Creators often wait 30 to 90 days post-invoice to get paid. We need systems that offer instant compensation to keep their operations fluid. ๐ฑ ๐ซ๐๐๐๐๐๐ ๐น๐๐๐๐๐๐ ๐ช๐๐๐๐๐๐๐: With reliance on tips, sponsorships, and platform commissions, creators need platforms that allow them to manage and maximize their diverse income streams effortlessly. ref. Mastercard ๐น ๐ฎ๐๐๐๐๐ ๐น๐๐๐๐, ๐ณ๐๐๐๐ ๐ฌ๐๐๐: As the creator economy is inherently global, payment solutions must seamlessly bridge diverse financial systems and geographic boundaries, ensuring creators can easily connect with brands, platforms, and fans worldwide. ๐ก ๐บ๐๐๐๐๐๐๐๐๐ ๐ญ๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐๐๐๐๐: Most creators start small and can't wrestle with cumbersome, costly financial tools. They require straightforward, affordable solutions that handle earnings, tax reporting, disputes, and more. ๐ ๐ญ๐๐๐๐๐๐๐ ๐ท๐๐๐๐๐๐ ๐ถ๐๐๐๐๐๐: Creators also need efficient ways to fund their operations, like business credit cards that enable fast, easy payments for ads or promotional campaigns. ๐ก What are your thoughts on supporting the financial needs of the creator economy? Follow Christiane Zhao for more. ๐ #CreatorEconomy #Fintech #Innovation #Payments #banking
