Silicon Allee describes the work of twago and the new twago safePay system.
“Clients can use twago’s safePay service to pay their experts securely. At the beginning of the project, the client transfers payment to an independent, third-party escrow account. The money is only released when the client confirms that the project has been successfully completed. Clients benefit from the elimination of risky upfront payments to often unknown providers before starting the project, while freelancers know their money has been set aside and that the so-called “black sheep” amongst the providers won’t simply fail to pay up.”
Read the full article here.