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What is the escrow payment system?

escrow payment system
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What is the escrow payment system?

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The escrow payment system was created with the purpose of protecting your investment as a buyer. When selecting the winning Provider in a fixed-price job (project or question) or hourly job, you will be asked to send funds to an escrow account and they shall only be released once the desired results are obtained. To better suit each posting’s needs, we have created two escrow options: the milestone escrow, which is used in fixed-price jobs and the hourly escrow, which is utilized in hourly jobs.

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