How does a2lance payment or credit systems works?
The Payment System
- A2lance payment system is via Credit and Escrow system
Funding a project
- Employer will buy credits to fund the project
- The employer needs to fund the project to start the job after accepting a winning bid
- The insufficient fund would not allow the employer to receive a freelance request/bid, would need to buy credits
- Once the project is completed, the employer marked the project complete, and the fund will be released to the freelancer
- The employer can track their credit balance, transaction by clicking on their profile and my credit
- You can buy credit anytime, either via bank transfer or Paystack
- Note: if you use Paystack, we will deduct the Paystack transaction fee https://paystack.com/pricing
Getting paid and withdraw
- Freelancer will get paid after the completion of the project, and the employer would need to mark the project complete before the fund can be release
- After the project marked completed, the credit will be transfer into your account
- You can withdraw your fund anytime, and you must provide your account details for us to transfer the fund to your account
- The freelancer can track their credit balance, transaction by clicking on their profile and my credit
Escrow System
- Escrow system provides confident for both freelancer and employer that:
- Freelancer will get paid after completion of the project and employer confirm the project is completed to his/her satisfaction
- Employer will get a competent job from the freelancer and protection in case the job is not complete
- A2lance platform make sure that the transaction is fair to both party and can come in to settle a dispute
- Both the freelancer and employer are protected under our Escrow system for managing disputation