About self-billing
When you choose Gigapay's self-billing option, Gigapay will issue a self-billing invoice with the invoicing details that you have added. The invoice generated will contain both your invoicing details and Gigapay's invoicing details as well as any VAT or reverse charge mentions (if applicable). The self-billing invoice can be used, similar to an invoice that you create, for your bookkeeping. Using this option you will not have to create an invoice and send to us.
About the payment
With this option Gigapay will transfer the amount immediately. Depending on your country, currency and bank, the payment will be available in your account in seconds to a couple of bank days.
Fees
Self-billing comes with a fee of 2% of the invoiced amount.