Inside DAC7: The EU’s Newest Tax Directive & Its Implementation Status [March 2023]
The EU’s newest tax directive, DAC7, which applies as of 1 January 2023, imposes new obligations on online marketplaces that have sellers based in the EU.
PAYOUTS FOR FREELANCE SERVICES MARKETPLACES
Access the global freelancer marketplace
Building a top-tier service marketplace takes serious development and recruitment efforts. A bullet-proof payout process is essential to building trust with your freelancers and service providers. With Trolley, easily keep everyone paid (and happy), so you can focus on growing your business.
“Trolley has helped us save actual, tangible money. It’s also sped up our payment process dramatically.
Trolley is a one-size-fits-all solution to automate payments. It’s a perfect fit for us.”
John Thomas, COO of Draft —
Integrate payouts in hours vs weeks
From quick no-code solutions to developer-level integrations, Trolley lets you deploy a ready-to-go payouts solution directly into your platform.- Embed Trolley into your platform via our RESTful-based API.
- Send automated payouts via platform-triggered API calls.
- Securely gather payment info through our brandable, Trolley-hosted portal or deployable iframe widget.
Automate end-of-year tax reporting
Tracking payments to recipients throughout the year, Trolley has all the information needed to produce the mountain of IRS paperwork you need to stay tax compliant.- Gather W-9 & W-8 BEN forms as you sign up new freelancers.
- Enhance payments with line-item level data that simplifies EOY reporting.
- Automate 1099 & 1042-S form production and distribution.
Improve freelancer payouts
Your marketplace depends on having a supply of top-quality service providers. Improve their experience by offering them full payment transparency and a variety of payout options.- Offer payment tracking through a branded recipient widget.
- Solve payout issues with our easy-to-access support team.
- Payout freelancers & on-demand workers in 215+ countries.
A single platform to fuel your growth
Trolley is on-brand
Offer a seamless look & feel. Every stage of the recipient experience (portal, widget, emails) can be branded with your colors and logos to build your reputation, not ours.
Trolley is flexible
Make payment easy. Trolley offers the most options for your contractors (Bank transfers [ACH/EFT/SEPA], PayPal, SWIFT wire), keeping your contractors paid & happy.
Trolley is borderless
Don’t miss out on opportunities because of geography. Localized in 38 languages and paying to 215+ countries, your talent pool just got a whole lot deeper.
Trolley is secure
We take security very seriously. Hosted on AWS (SOC 1, 2, & 3 + ISO 27001/27018), Trolley uses end-to-end 256-bit SSL bank-level security, & requires 2FA for all users.
Trolley is privacy-compliant
We know data management best practices and regulations. Did you know, we're GDPR, CCPA, PIPEDA, DPA, & the EU-U.S. Privacy Shield Framework compliant?
Trolley is backed by top investors
We're backed by some big names in FinTech. Trolley's investors include former PayPal President Scott Thompson and investment firms Pace Capital & GreenSky Capital Inc.
Freelance marketplaces run smoother with Trolley
Don’t just take our word for it, check out how much our customers love Trolley.
