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What is PaidPromise?

PaidPromise is a dedicated online escrow payment service aimed at freelancers who have successfully secured projects and wish to receive their payment prior to starting the work. The platform enables freelancers to create a distinct payment link for each project, allowing clients to make an advance payment of the agreed amount. Instead of being held in a corporate account, these funds are protected by a smart contract on Base, ensuring that payment is only disbursed once the client approves the work or after a specified review period of 3, 7, or 14 days without feedback. To promote clarity, freelancers can share a watermarked preview of their work initially, while only the final deliverables are made available post-payment approval. PaidPromise applies a straightforward fee of 1.75%, which is only charged upon the release of funds, and clients can initiate refunds free of charge. Unlike conventional freelancer marketplaces, PaidPromise eliminates subscription fees and caps project payment amounts at $500. This service is specifically designed for independent freelancers and their clients who wish to handle direct payments in a streamlined manner. By simplifying the payment process, PaidPromise enhances trust and security, creating a more reliable environment for freelancer-client transactions. Moreover, this platform empowers freelancers to take control of their financial interactions and fosters a productive working relationship with their clients.

What is Midcontract?

Introducing Midcontract, the premier escrow solution designed specifically for freelancers and agencies! With complete escrow protection for every service agreement, you can finally eliminate worries about non-payments and payment delays. Midcontract facilitates swift and secure transactions, accommodating both fiat and cryptocurrency, while offering milestone-based fund releases to ensure your money remains protected. Your funds are securely held by Midcontract until the terms of the contract are fulfilled, providing reassurance and security for everyone involved in the transaction. This innovative approach to escrow makes managing payments more efficient and reliable than ever before.

Media

No images available

Media

Integrations Supported

Base

Integrations Supported

API Availability

API Availability

Pricing Information

1.75%/release
A flat 1.75% fee is charged only when funds are released; refunds carry no fee. No subscription. Jobs are capped at $500.

Pricing Information

Pricing not provided
Free Version
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS
Windows
Mac

Customer Service / Support

Not specified

Customer Service / Support

24 Hour Support
Web-Based Support

Training Options

Not specified

Training Options

Webinars
Online Training
On-Site Training

Company Facts

Organization Name

PaidPromise

Company Location

Pakistan

Company Website

paidpromise.app

Company Facts

Organization Name

Midcontract

Date Founded

2024

Company Location

Europe

Company Website

www.midcontract.com/#Main

Categories and Features

Online Escrow

Not specified

Categories and Features

Online Escrow

Not specified

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