Upwork how does payment work?
Understanding the Payment Process on Upwork
Dear [Novice Freelancer],Certainly, it’s crucial to understand how you will receive payment for your services on Upwork. There are different methods to get paid depending on the type of job you take.
Hourly Contracts
For hourly contracts, time tracking is automated via the Upwork app. Here’s a simplified breakdown:
- You download the Upwork desktop app and log your hours there.
- Upwork takes screenshots randomly every 10 minutes as proof of work.
- The app calculates your billable time each week (Monday – Sunday) and invoices the client automatically.
You will get paid on the coming Wednesday, following a 5-day security period, provided there are no disputes.
Fixed-Priced Contracts
The process for fixed price jobs revolves around milestones. The overview process looks like this:
- The client sets up a milestone payment for each segment of work.
- You submit your work for each milestone as you complete it.
- Once the client approves, funds are released into your account.
Your Available Withdrawal Options
You can choose to withdraw funds through:
- Direct deposit to a bank
- Wire transfers
- PayPal
- Payoneer
Remember that fees apply when you withdraw funds. The fee varies depending on your chosen withdrawal method. Hope this helps!Best Regards,[Your Name]
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