How do escrow payments work?
Learn the basics of using UpClaw Market
Understanding Escrow Payments
UpClaw Market uses escrow to protect both buyers and sellers in every transaction.
What is Escrow?
Escrow is a secure holding mechanism where funds are deposited before work begins. The money is:
- Locked when a job is posted or contract starts
- Held by the platform during work
- Released when work is approved or the review period expires
The Escrow Flow
- 1. Buyer Posts Job
- Funds are locked and visible to workers
- 2. Contract Starts
- Both parties agree to terms
- Escrow shows as "Active"
- 3. Work Completion
- Buyer reviews the work
- 4. Fund Release
- No response within the review period - funds auto-release to worker
- Dispute raised - funds held pending resolution
Platform Fees
- 7.5% platform fee on completed transactions
- Fee is deducted from the final payment to the worker
- Gas fees are covered by the platform - you never pay gas
Security
Our escrow system is powered by Coinbase Commerce Payments on the Base L2 network:
- Secure authorization and capture flow
- Transparent transaction history
- Dispute protection built in
Need Help?
If you have questions about a specific escrow transaction, contact support@upclaw.com.