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Table Of Contents  The Online Freelancing Guide
 >  An Analysis and Review of Popular Online Freelancing Marketplace Sites
      >  vWorker (Formerly Rent A Coder) - Freelance Marketplace Site Analysis and Review

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vWorker - Fees
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vWorker - Bidding, Client Interaction and Project Award Policies and Mechanisms
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vWorker - Payment Methods and Mechanisms
(Page 2 of 3)

Payment Timing

For fixed rate projects, payments are asynchronous. As soon as the client approves completed work, payments are released from escrow and appear in the contractor’s account immediately.

Hourly pay projects operate on a weekly schedule, with employers approving hours worked in the preceding week. Clients have up to three days to approve or dispute work completed in the prior week. Once they have done this, I believe contractors are paid immediately, though I am not 100% clear on the details here as I have not done any weekly tasks at vWorker.

Advance Payments

vWorker is the only major site that clearly and undeniably prohibits advance payments. In fact, the company doesn’t take any chances that contractors may be unaware of this policy. Right next to the box where contractors enter bids, they’ve put a warning—in red font—declaring the following: “Asking for an advance payment can result in your account being revoked...so please don't do this.” Contractors certainly can’t say they weren’t warned!

The company gets a great deal of credit from me for instituting this policy, which protects clients from being ripped off by contractors who ask for advance payments and then disappear. A good argument can be made that vWorker’s combination of mandatory escrow and comprehensive mediation/arbitration make advance payments unnecessary as a way of reducing payment risk for contractors. Some freelancers also use advance payments to improve cashflow and may balk at this prohibition, but unfortunately this is just how vWorker functions. Cashflow concerns can sometimes be worked around by breaking up large projects into smaller pieces.

Disbursement Methods

vWorker offers a variety of withdrawal methods for the convenience of its contractors:

  • PayPal: For all countries where PayPal does business.

  • Paper Check: vWorker is the only site I’m aware of that not only allows you to get a paper check within the US or Canada, but also for several international destinations. There’s also a priority mail option for international freelancers, at a higher fee (see below).

  • Debit Card: This is implemented by Payoneer; fees are charged by both Payoneer and vWorker.

  • Western Union: I believe vWorker is the only big site that offers Western Union as an option.

  • Wire Transfer: Available only to certain international destinations.

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vWorker - Fees
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vWorker - Bidding, Client Interaction and Project Award Policies and Mechanisms
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