Does MarketPlace Theme supports bank transfers in addition to PayPal? General idea is that employers will transfer the payment to my account (platform bank account) so I will be able to withhold taxes and other statutory payments, and only then transfer the payment to the freelancer.
This requires that after the completion of the work by the freelancer, there will be some kind of finalization confirmation by both sides, and afterwards the employer will receive a payment request with the bank details.
You can enable the cash payment option and show your bank account detail in this payment. If employer select this payment – they have to manually transfer the fund to your bank account(outside the system). After you got the fund in your bank account – you can approve this.
You have to enable the credit system to use the cash payment.
This is the flow:
1) Enable the credit system.
2) Employer post 1 job => wait freelancer bid on his job.
3) Hire 1 freelancer who bid in his project. => he have to deposit credit to his balance via cash payment.
So this whole process can be made at the end of the engagement? What is important for me is that the payment will be made at the end, and not in the beginning.
Is that the flow you want to achieve:
1) Employer submit the project A.
2) Freelancer F bid on project A with $100.
3) Employer hire freelancer F to work on project A without pay in advanced the fund.
4) Freelancer F works on this and delivery the result.
5) After Freelancer D delivery the result. System send the information of bank account of admin to Employer. Employer check and manually transfer $100 to that bank account.
