Hiring freelancers with the installment payment service on Fastlance.vn offers various benefits and follows a clear step-by-step process. Below are the details:
Benefits of Using Installment Payments
No full upfront payment required, reducing the risk of the freelancer disappearing during the project.
More reliable for high-value order, as you can review the order’s progress at each payment milestone.
Lower risk and greater transparency for buyers since the order’s progress is visible at every stage.
Freelancers can improve their work quality phase by phase, allowing buyers to receive better results (depending on the agreement).
Reduced delays in final work, as freelancers must update progress before the next payment stage is released.
Steps to Use Installment Payments
Find a freelancer who offers installment payments (usually indicated on their service image).
Start a chat with the freelancer and send a request to use installment payments.
The freelancer will create a proposal including payment amounts, delivery dates, revision terms, and other details.
Review the proposal sent through chat. If you agree, proceed with the first installment payment through the system before the first order phase starts.
Once you approve the deliverables for one stage, click “Start Next Stage” in the chat to move to the next stage.
Make the payment after clicking “Start Next Stage” so the freelancer can continue working on the following phase.
Terms and Conditions for Installment Payments
This option is only available for freelancers participating in the installment payment program.
Order stages and payment amounts must match the mutual agreement between the buyer and the freelancer.
The maximum number of payment stages per order is 5.
The company’s decision on any dispute or process related to installment payments is final.
The company reserves the right to cancel or terminate the system without prior notice.
By following these steps, you can take full advantage of Fastlance’s installment payment feature for a safer and more structured freelancing experience.
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