It’s been a long time coming, but it’s finally here. Now you can send and receive payments directly through Twine with PayPal.
We’re really excited about this. It’s our mission to help our members to be better at what they do, and we know that handling payments through Twine is going to make your collaborations a breeze. Whether you’re sending a payment or receiving payment, it’s all taken care of, quickly, safely and securely through Twine and Paypal, which is one less thing for you to worry about.
Here’s how it works. When you hire a Twine member for your project, with the click of a button you can send payment from your PayPal account when the work is complete. Twine will keep your payment safe until your creative uploads the final project files to our private, secure uploader for you to download. Then we’ll release the payment to your creative. That way you can avoid freelancers taking payment before you receive the final work.
When you pay a creative through Twine, they’ll get 80% of your budget (subject to taxes and payment fees) and Twine receives 20% commission. The budgets displayed on public project briefs already subtract our commission. For example, a music producer posts a project brief looking for a vocalist for their new single and add a budget of $100. The singer will get $80 and Twine will receive $20.
For creatives working on a project, all you’ll need to do to receive your payment through Twine is upload your finished project files to the secure project uploader, then we’ll release your payment directly to your PayPal account. Couldn’t be simpler. We protect against clients who try to take your finished work without sending payment.
At the moment we’re only accepting PayPal, but we’ll be introducing more payment methods over the coming months, so stay tuned. We all know PayPal as the world class payment solution. They offer a simple, more secure way to send and manage payments online, so we’re excited to be offering their seamless payment system to our members.
To read our payment Ts & Cs including commission, please click here.