What is escrow and how does it protect me?

Understanding Escrow Protection

Escrow is a secure holding system that protects both freelancers and clients during transactions.

How It Works

  1. Client deposits funds into escrow before work begins
  2. Money is held securely by MyFreelancer
  3. You complete the agreed work
  4. Client approves and releases funds to you

Protection for Freelancers

  • Guaranteed payment for completed work
  • Funds are secured before you start
  • Dispute resolution if issues arise

Protection for Clients

  • Pay only for satisfactory work
  • Funds held until milestones met
  • Refund options if work not delivered

Never work without escrow funding in place.