You’ve asked and we’ve heard it loud and clear. Say hello to our brand new feature: deposits!
It’s always a good idea to ask for a deposit before starting a freelance project. A deposit demonstrates that the buyer has committed to paying you and seeing the project through to the end. This can make beginning a new paid project feel a lot less daunting. For these reasons, we’ve now introduced this functionality to Twine. This will make using Twine more secure than ever.
Next time you pitch on a paid project, as well as being asked to write a pitch and propose a price, you’ll be asked if you want to request a deposit. This can be 10%, 25% or 50%. Alternatively, if you feel a deposit isn’t suitable for a particular project, you can opt to not ask for one. This information will then be included with the rest of your pitch to help your buyer make their decision.
When the buyer accepts your pitch, they’ll have to pay the deposit amount upfront as a condition of working with you.
When you receive pitches, they’ll now have a deposit amount attached to them. This can be 10%, 25% or 50%. When you accept a creative, you’ll then pay that amount of the total price upfront. The outstanding amount will then be paid after completion. You’ll be able to hire more skilled creatives if you’re willing to pay a deposit, as they’ll know you’re serious about getting the work done.
Once you’ve decided who you want to hire, simply click ‘accept’ and you’ll be taken through to a payment screen. This will break down your payments and when you’ll be paying what. If you have a voucher, this also will be taken off the total amount at this stage, which will often lower your deposit amount.
As it says here, your deposit is risk-free – we’ll hold it in our secure escrow system until you’re 100% happy with the project. But, it will validate your brief and make the process fairer for everyone.
Stay tuned for more exciting new features – let us know in the comments what you’d like to see next.
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- Introducing Deposits! - June 9, 2017
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- We’ve raised over $1,200,000. Here’s what we learned. - April 26, 2017