How does the escrow account payment system work?
SkriPs provides users with licensed escrow payment options to help projects get completed smoothly. Webmasters can set aside a specific amount of money into an escrow account on SkriPs, for a specific programmer. Both users can then view the payment in the escrow account, but only the webmaster can complete the payment, from the escrow account to the programmer. The programmer is the only person (other than SkriPs staff) who can cancel this escrow payment. This gives each party half of the control over the money in the escrow account. If the project gets completed, the webmaster can transfer the money from the escrow account to the programmer. If the project is cancelled amicably, the programmer can cancel the escrow payment and the money will return to the webmaster’s account. If there are any disputes over a project, SkriPs staff must be contacted before any money can be moved from the escrow account. SkriPs encourages its users to send and receive money with the escrow system, becau
NextFreelancer Escrow Payments A free service by NextFreelancerto help you transact securely. NextFreelancer provides users with escrow payment options to help projects get completed smoothly. Employers can set aside a specific amount of funds into an escrow account on NextFreelancer, for a specific programmer. Both users can then view the payment in the escrow account, but only the employer can complete the payment, from the escrow account to the Freelancer. The Freelancer is the only person (other than NextFreelancer staff) who can cancel this escrow payment. This gives each party half of the control over the funds in the escrow account. If the project gets completed, the employer can transfer the funds from the escrow account to the Freelancer. If the project is cancelled amicably, the Freelancer can cancel the escrow payment and the funds will return to the employer’s account. If there are any disputes over a project, NextFreelancer staff must be contacted before any funds can be m
All payments are escrow payments. Escrow is a legal term where money is deposited with a neutral third party (121Translation) to be delivered upon fulfilment of certain conditions (the project). Some translators may insist on escrow payment before they start work, this can be done from your account. The funds are not released until the work is complete.
