Escrow Payments save both parties from fraud and it is money which you transfer from your account balance (paid to eprogrammer through paypal or other means) for a particular programmer or service seller and escrow is released after you (buyer) get satisfied with project.
Escrow payment procedure and details.
Eprogrammer provides users with escrow payment options to help so that completion of project gets completed smoothly. Buyers can set aside a specific amount of money into an escrow account after logging in to eprogrammer, for a specific programmer. 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 seller. The seller is the only person (other than eprogrammer 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 seller account which is ultimately held with eprogrammer and released on the instructions of seller into his or her account. If the project is cancelled at any stage and it may be cancelled amicably, the seller can cancel the escrow payment and the money will return to the buyer's account. If there are any disputes over completion of project, eprogrammer staff must be contacted before any money can be moved from the escrow account.
eprogrammer 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 our service and obviously it is good work required by buyer and seller needs money in return.
To manage your escrow payments, login to your account. The escrow menu is next to your account balance or check in the bottom.
Contact us if you have any questions about Escrow Payments.
|