Wallet System on Jobtins.com functions like an escrow system on a freelance marketplace and offers many benefits to users:
Freelancers: The wallet System creates trust for the freelancers. Imagine when we work online for someone we do not know and after the task is complete, we do not receive the money. With Wallet System, this issue is resolved since the employers who hire the freelancers have to make the payment from the start of the project. Hence, freelancers can rest assured that they will get paid after tasks are done.
Employers: On the contrary, when the employer hires a stranger to work on his project, he makes the full payment and expects to receive a high quality work. However, the freelancer does not live up to his expectation as the delivered result is quite bad. So this is a way to lose money. In this case, the Wallet System also offers a good solution. Specifically, the employer’s payment is kept in the system and only released to freelancers when they fulfill the project requirements. Therefore, the employer can feel secure that his money is not wasted on the works that he can not use.
In the above two cases, the Wallet System plays a useful role in helping freelancers always get money when jobs are done and ensuring that employers would not lose money on low-quality works.
Moreover, only by using Wallet System can employers and freelancers have access to the dispute center should something not go as planned. In this case, the site admin will operate as a middleman between two parties and decide who wins and receives the money.
Money deposited in the Wallet System is called credits. 1 unit of credit is equal to 1 unit of Naira (NGN) used on your site. In the Admin Dashboard, you can set these settings for the Wallet System:
If there’s something unwanted that happens during the project and the employer or freelancer files a dispute, the system will update the project status to “Disputing” and the site admin will be notified of the dispute. In this situation, the site admin will act as the intermediary, collect necessary information about the project, and make a decision on who wins the dispute and receives the money.
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