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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 PRAXIS Technology Escrow?

PRAXIS operates as a dedicated third-party escrow agent that specializes in a variety of escrow services, such as software, source code, SaaS, AI, technology, trade secrets, and automated solutions. Through the introduction of Automated Escrow and the revolutionary Infinite Retention feature, PRAXIS has revamped the conventional escrow system to align with the demands of modern, cloud-centric, and agile development environments. Their Automated Escrow platform integrates effortlessly with source-code repositories and deployment workflows, ensuring that escrow deposits are always current, comprehensive, and verifiable, thus eliminating the need for manual uploads and minimizing compliance risks. In addition, the Infinite Retention capability ensures that the materials held in escrow are preserved indefinitely, providing ongoing continuity and safeguarding for all parties involved—beneficiaries, licensees, lenders, and acquirers alike—which ultimately boosts trust and security within the escrow framework. By offering these cutting-edge solutions, PRAXIS is not only enhancing the reliability of escrow services but also paving the way for easier access and innovation in this field, setting a new standard for industry practices.

Media

No images available

Media

Integrations Supported

Base

Integrations Supported

Bitbucket
GitHub

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

Custom

Supported Platforms

SaaS

Supported Platforms

SaaS
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Not specified

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Not specified

Training Options

Documentation Hub

Company Facts

Organization Name

PaidPromise

Company Location

Pakistan

Company Website

paidpromise.app

Company Facts

Organization Name

PRAXIS Technology Escrow

Date Founded

2016

Company Location

United States

Company Website

praxisescrow.com

Categories and Features

Online Escrow

Not specified

Categories and Features

Online Escrow

Not specified

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