First Contract & Payment App Targeting Cash, Check and Verbal Agreements Released by Quiktract
Quiktract Inc. today announces the release of the company’s mobile application on both the App Store and Google Play. The Quiktract app provides individual service providers and buyers alike with the ability to get legally binding contracts in writing via their phone, as well as facilitate payments at the end of the job, without having to navigate long-form contracts or deal with only cash or check as payment methods.
With an estimated 191 million Americans either buying from or providing services to another individual annually, the person-to-person “gig” economy has never been stronger. From traditional freelance and design work, to landscaping and lawn care, fitness instruction, babysitting, coaching, pet sitting and more, Americans are increasingly dealing directly with each other for their individual service needs.
Despite the strength of the person-to-person service sector, most buyers and providers don’t get the terms of their service arrangement in writing. Quiktract offers buyers and providers “quick contracts” on a mobile platform that gets agreements in writing, amends them in real time as terms change, and facilitates payment at the end of the job. Protection and accountability are delivered to all parties via a process that takes less than 60 seconds and delivers a documented agreement on every job.
“Three quarters of Americans are part of the gig economy whether they consciously realize it or not. Consistently, more and more individuals are working with another individual to meet their service needs,” says Lee Midkiff, Quiktract CEO.
“Despite these trends, individuals aren’t getting the details in writing – even if just on the back of the proverbial napkin. Quiktract makes it easy to get it in writing with simple-to-use, convenient technology.” The Quiktract app currently includes 14 templates that form the basis of a Quiktract agreement.
Quiktract templates available immediately span the entire service sector and include areas like lawn care, digital design and software, pet care, babysitting, handiwork, coaching, tutoring and more. Each Quiktract may be amended in real-time and amendments must be agreed to by both parties in the event scope or job details change during the contracted work.
Furthermore, embedded messaging between the parties not only streamlines communication but results in the automatic creation of service exhibits appended to every Quiktract. Payments are likewise logged within each Quiktract and users are provided with the ability to pay or get paid electronically via the company’s QT Pay platform.
Disclosure: This article includes a client of an Espacio portfolio company