Reedsy uses Stripe for secure payment transactions. Stripe works like an escrow system and simplifies the payment process by automatically redistributing amounts to you and Reedsy (i.e., you don't have to withdraw funds deposited into your Stripe account; funds will automatically be moved into your bank account once payments clear).
Once your account has been set up, there is no interaction needed on your end: you will be paid on the dates set out in your payment schedule and will never have to chase clients for money.
Similar to PayPal, Stripe charges a fee for managing the transaction. More details can be found on their homepage: https://stripe.com/us/pricing.