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Advantages
Of Escrow Payment In Freelancing
The fashionable phrases of this Internet era
are 'Working from home' and 'Tele Commute' Jobs. Freelance
job opportunities are getting popular every day. The prospect
of earning from the comforts of the home is simply irresistible.
Moms as well as the aged people see this freelancing facility
as a boon and benefit. Billions of Net connections, Websites
and E-commerce Internet Stores have revolutionized and shattered
the basic concepts of conventional career mind set.
So what?
It is Cats and Dogs out there to seize the
first TEN places in search engine results. Technology as well
as the creativity and nuances of talented people certainly
help winning this fierce battle of 'Key words' and 'Optimization'.
Freelancers now step in to take stock of the situation and
tender their unbelievable services.
Can you elaborate on 'Unbelievable' services?
A student on vacation in the remote corner
of China writes One hundred Hypnotizing Articles on Ford Car
Dealerships in California, USA! A little girl from the slum
of Calcutta, India, designs luminous Flash animations for
Apparel and fashion sites in Germany! All she has to type
in the messenger is "Let's start". Internet has
devastated the barriers of Race, Caste, Language and Religions
in the world and fashioned a Cosmopolitan globe for sure!
Thousands of projects are posted every minute
and millions of bids are placed to win the projects every
day. To name a few job opportunities out there, the following
categories sum up the enormity of the projects waiting for
freelancers to bid upon.
Proof reading already existing text.
Rewriting the given text. Translation.
Creating unique web content.
Copy writing. SEO.
Creating Hypnotizing sales letter viral copy.
Data entry. Data processing. Harvesting details from the
net.
Cloning good sites.
Web designing. Web promoting.
Coding.
Linux. UNIX. Windows. Dot Net. Pearl. Python.
Many more!
Gothilla! Thelavalethu! Malum nahi! (All three mean to say
- 'I don't know!') Honestly!
Getting a freelance job or finding a professional freelancer
around the world is literally a mouse click away!
Fine! Let it be in that way. What's the burning thing now?
The one and only delicate issue in this arena
of freelancing, apart from deadlines and service quality is,
'Payment'. Service buyers are reluctant to pay 'up front'
for obvious reasons and the providers are also a little bit
hesitant to start and submit the project in the absence of
an advance. The stories of people burnt left to right from
both sides of the counter are circulating in the thin air
of freelancing ambiance. Out sourcing and freelancing have
evolved and are here to stay. They can't be ignored. Tricky
situation indeed!
What else could solve this problem?
Again technology intervened and established
a payment method called Escrow, which has indeed eradicated
this problem. In its simplest context, Escrow allows the Buyer
to deposit the sum assured against the name and account of
the provider. It is not actually added in to the managing
account of the provider. He or she enthusiastically starts,
finishes and submits the project.
If the buyer grins on seeing the outcome,
he releases the payment with one click. If he frowns, he creates
a ticket in the Help desk of the freelance site and the staff
in charge there analyses the case and returns the money to
the buyer. On the other hand, if the staff in charge sees
that the coding has been accepted by the buyer and he or she
declines to surface online to release the payment, the staff
acts as ombudsman and releases the payment to the current
account of the provider.
Can you agitate on this a little further?
Needless to say, with the money being deposited
in the Escrow, both service buyer as well as the provider
can rest assured and quarry the inner most expertise with
out any psychological hindrance. The coder is confident that
the returns are with the third party and he will be paid once
he completes the project successfully. The web master feels
certain that the money is only with the facilitator of the
project, and will be released only after the submission and
complete satisfaction of the buyer. Undoubtedly the Escrow
payment system is better than the trendy 'One hundred percent
money back guarantee' schemes.
It is a boon for the client as well as the
clientele, because, most of the Freelance sites which facilitate
and act as a buffer arena are having this Escrow payment system
inbuilt in their setup. More over, they constantly encourage
users to make use of this exclusive facility. Cancellations,
retracts of Bids and projects usually percolate to a single
main reason. Payments. So the market leaders like www.getafreelancer.com
and www.guru.com are extending this facility to the members
in order to make sure that both the employer and the employee
are protected.
Well, what are you trying to say in finality?
Since the major thorny issue of payments
is wiped out from the freelancing vicinity, the freelance
enthusiasts can be self-assured and start accepting the projects
of their choice and expertise. Well, a few hundreds of Dollars
every week could come in handy for many subtle spending spree
in the neighborhood! Won't they?
About the author of this Article.
'Trafficlancer' is a freelancer who is an
expert in driving traffic to many sites of his clients. Numerous
other useful articles, which can be down loaded for free,
decorate http://www.freewebs.com/trafficlancer. The author
wishes all the very best to the existing as well as the 'wannabe'
freelancers around the globe!
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