# Paywelly > Business platform for contractor agreements, payments, and 1099 tax forms. (iPhone/iPad app by Paywelly LLC.) - Source: https://appshunter.io/ios/app/paywelly/id6789944606 (this page in markdown: same URL + `.md`) - Developer: [Paywelly LLC](https://appshunter.io/developer/6789944608) - Category: Business, Finance - Price: Free - Rating: 5.00/5 from 1 App Store ratings - Age rating: 17+ - Requires: iOS 15.1 · 53 MB - Languages: American English - Released: 2026-08-06 - Data updated: 2026-08-26 - Monetization: free - User reviews in markdown: https://appshunter.io/ios/app/paywelly/id6789944606/reviews.md ## What is Paywelly? Paperwork is the worst part of working with independent contractors. PayWelly makes it the easiest. PayWelly turns a handshake into a real contract, a payment, and a filed 1099 — one clean flow for U.S. businesses and the independent contractors they work with. Agree on the work, sign in the app, and let PayWelly handle the payment and the year-end tax paperwork. FOR BUSINESSES - Create a per-engagement Independent Contractor Agreement in minutes — hourly or flat-rate by milestone - Break a flat-rate project into milestones, each with its own scope, due date, and amount - Save a card at signing and get charged only when you approve the finished work — no funds held - Approve, and your contractor is paid the same day - W-9 collected up front; Form 1099-NEC filed automatically once a contractor crosses $2,000 for the year - Manage every engagement, location, and team member from one place FOR CONTRACTORS - Every job starts with a clear, signed agreement — you know the scope and the pay before you begin - Get paid the same day the client approves — free by bank transfer, or 3% for a same-day debit-card transfer - Keep 100% of your rate — the business covers the platform fees - Track your year-to-date earnings toward the $2,000 1099-NEC threshold - Take on more than one client, on your own schedule - A signed, timestamped record of every agreement, right in the app HOW PAYMENT WORKS The business saves a card when the contract is signed and is charged only when the work is approved — and that's the moment the contractor gets paid. If the business doesn't respond, the engagement auto-confirms 24 hours after completion. PayWelly absorbs Stripe processing fees. PRICING YOU CAN SEE Businesses pay a $19.99 platform fee per contract plus 15% commission (flat-rate milestone contracts add $4.99 per milestone). Contractors pay nothing to get paid by bank transfer. Every fee is shown before anyone agrees. No subscription. BUILT ON TRUST - Identity verification for every contractor before their first payout - Payments processed by Stripe; card details are tokenized and never stored on our servers - A documented e-signature record for every contract - In-app dispute resolution for completion or payment concerns PRIVACY Location is used only at clock-in for on-site engagements — foreground only, never in the background. Full policy at paywelly.com/legal/privacy. Download PayWelly to send your first contract — or accept your next one. ## Key features - Create contractor agreements - Manage payments - Automated 1099-NEC filing - Milestone-based payments - Identity verification for contractors - In-app dispute resolution ## Frequently asked questions about Paywelly ### What is Paywelly? Paywelly is a business platform designed to simplify the process of working with independent contractors. It helps businesses create agreements, manage payments, and automatically file 1099-NEC tax forms. ### How does Paywelly handle payments? Businesses save a card upon signing an agreement and are charged only when the work is approved. Contractors are paid the same day the client approves the work. Payments are processed via Stripe. ### What are the fees for using Paywelly? Businesses pay a $19.99 platform fee per contract plus a 15% commission. Flat-rate milestone contracts incur an additional $4.99 per milestone. Contractors pay nothing to receive payments via bank transfer. ### Does Paywelly require a subscription? No, Paywelly does not require a subscription. The pricing is based on a per-contract platform fee and commission for businesses. ### Is Paywelly safe for contractors? Yes, Paywelly ensures safety by requiring identity verification for contractors before their first payout and processing payments through Stripe with tokenized card details. ### What devices does Paywelly support? Paywelly is available on iPhone and iPod devices. ### How often is Paywelly updated? The latest version, 1.1.0, was released on August 6, 2026, indicating recent development activity. ### What is the age rating for Paywelly? Paywelly has an age rating of 17+, suggesting it is intended for mature users due to its business and financial functionalities. ## Version history (last 3 releases) ### 1.2.0 — 2026-08-26 PayWelly 1.2.0 — your contracting business, minus the headaches. • Address autocomplete everywhere — creating contracts, adding locations, and updating your details is now a two-tap job. • Keyboard fixes — invites, role changes, and other forms no longer hide behind the keyboard while you type. • Team workspaces — managers can now reach their company workspace with clearer roles and permissions, consistent across web and mobile. • Refer a business — share your link from the new Referrals screen. • Clearer messages — better explanations when something needs an owner's or admin's approval. • Same-day pay, per-engagement contracts, and 1099 paperwork — handled, as always. Plus dozens of fixes and polish. ### 1.1.5 — 2026-08-17 • Address entry now autofills — start typing and pick your address, or use your current location • Smoother phone verification, with a resend option • Flat-rate contracts: track milestones everywhere, submit deliverables, and get paid milestone by milestone • Hire faster by reusing a saved payment method • Clearer payment statuses, including bank-account verification progress • Fixes and polish across signup, notifications, and hiring ### 1.1.0 — 2026-08-06 No release notes. --- *Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-08-26.*