Quiktract Releases First Contract & Payment App Targeting Cash, Check and Verbal Agreements

The Quiktract app allows service providers and buyers to avoid long-form contracts and inconvenient payment methods

Springboro, OH, March 13, 2019 Quiktract Inc. today announces the release of the company’s mobile application on both the AppStore 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.

About Quiktract

Quiktract Inc. is the first person-to-person contract platform with integrated payments designed specifically for individual service providers, buyers and the general “gig” economy. Via either the Quiktract iOS or Android application individuals are able to create and execute legally binding contracts in less than 60 seconds. Quiktract’s integrated payment functions further allow individuals to quickly send and receive payments electronically directly via the application. Headquartered in Springboro, OH, the company also maintains marketing and development teams in Los Angeles, CA, Minsk, Belarus and Bhavnagar, India.

Quiktract Media Contact:

Lee Midkiff

lmidkiff@quiktract.com

 

CONTACT

Name: Sjoerd Martens

Phone: 1-646-480-0356

Email: sjoerd@publicize.co

 

Quiktract – A product for everyone and everyday use (including me)

Having the opportunity to join a team to develop a technology that I see as needed and valuable in everyday life, including my own, is an exciting first in my career and something I am loving every single day.

I’ve been fortunate to have been involved with some great technology companies but haven’t been involved with something like Quiktract. When the concept was first presented to me my immediate reaction was that it was extremely cool but applicable to probably only a small segment of the marketplace – freelancers, some coders, designers, etc. (guys that work at home in the wee hours of the night). Then it hit me.  Quiktract actually is for everyone and there are a least 3-4 situations monthly where I could, and would, use an app like this if it existed. In fact, I need an app like this to use.

While many people like myself have heard the term “gig” economy, often we ignorantly brush it aside and think it applies to some secret universe of individuals looking to duck traditional work or not have to hire an actual employee. When you step back, however, what you realize is that most of us are part of that economy whether we know it or not, and have probably faced the challenges that Quiktract is tackling.

We are all part of the gig economy.

Every month I deal with a series of individuals providing person-to-person services on a one-off basis (“gigs” as so frequently defined in the media). Lawn guys, tree trimmers, cleaning people and even babysitters are all effectively providing stand-alone services. Based on market research conducted by Quiktract, I am not alone. We estimate that upwards of 192 million Americans either provide or purchase individual services each year. It’s truly a staggering number.

What’s even more staggering is that while most of the times these jobs go smoothly, they are more often than not verbally agreed to, change along the way, and often result in some level of discomfort or disagreement at the end of the job. I’ve been there myself. The tree guy and I agreed to terms (we thought) but afterwards each of us remembered things slightly differently. With nothing in writing, that left both of us feeling awkward with me turning to my 10 year old to ask him what he remembered. That’s not a position either side wants to be in.

When it come to paying for those services, it’s even more disjointed. Cash and check are the dominant form of payment but surprisingly, not the method most prefer. In today’s cashless society people prefer electronic payments to eliminate hassle and get their money quickly.

Quiktract is the answer and one we can all use.

Seeing the reality of person-to-person services, the fact most of us are active participants, and realizing that no easy solution exists to get a basic agreement in writing in under 60 seconds, amend it as necessary, and pay with the push of a button, is a big part of the reason I embraced the Quiktract vision with the rest of the founding team. Businesses, technology and start-ups are what I love. What I love more though is the idea that we are combining those things into a solution that has such broad potential use within the marketplace. It is a solution needed and one that can help individuals day in and day out.

Lee Midkiff, CEO (contact)

By | 2018-11-20T02:27:29+00:00 November 5th, 2018|Management Thoughts|0 Comments