Safe Escrow Payment - Payment and work are secured for both Buyer and Freelancer.
Joomlancers provides users with escrow payment options to help projects get completed smoothly. Buyers can set aside a specific amount of money into an escrow account on Joomlancers, for a specific Freelancer. Both users can then view the payment in the escrow account, but only the Buyer can complete the payment from the escrow account to the Freelancer. The Freelancer is the only person (other than Joomlancers 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 Buyer can transfer the money from the escrow account to the Freelancer. If the project is canceled amicably the Freelancer can cancel the escrow payment and the money will return to the Buyer's account. If there are any disputes over a project the Joomlancers staff must be contacted before any money can be moved from the escrow account.
Joomlancers encourages its users to send and receive money with the escrow system because it's another great way to
make sure everyone gets what they want from a project.
To manage your escrow payments login to your account. The escrow menu is underneath the project list.
Making a new Escrow payment to your freelancer to secure the implimentation of your project
.(As showed in step 2 above)
To make a new escrow payment for your project, from inside your account area simply click the link below the list of escrow payments:
Then use the form presented blow to indicate who the funds are for and the amount of the transfer.
You must have sufficient funds in your account before transferring funds into your escrow account. You can add fun into your account by using Deposit money menu
