Escrow Payments
ScriptLance provides users with escrow payment options to help projects get completed smoothly. Webmasters can set aside a specific amount of money into an escrow account on ScriptLance, 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 Pam) who can cancel this escrow payment. This gives each party half of the control over the money in the escrow account. This is an awesome alternative to paying in advance and receiving nothing, or doing the work and never being paid.
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, Pam has to be contacted before any money can be moved from the escrow account. No ifs, ands, or buts.
ScriptLance 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 and more of a chance of a successful smooth transaction.
To manage your escrow payments, login to your account. The escrow menu is underneath the project list.
Contact us if you have any questions about Escrow Payments.
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