Escrow is an important service to offer within freelance marketplaces, so that buyers and sellers can do businesses without knowing each other in advance. Whitelance offers a full Escrow service, delivered via MangoPay.
After accepting a freelancer’s contract, the buyer deposits funds into their account to cover the value of each milestone. Once the milestone has been completed, the buyer can approve the work, and the funds are then automatically transferred to the freelancer’s account. The freelancer can then choose to withdrawn funds into their bank account whenever they like.
Some key advantages of our Escrow:
=> No time limits – funds can be held for any period
=> No additional cost to use the Escrow service