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How Do You Fund a Milestone on UpWork?

Last updated on September 30, 2022 @ 12:16 pm

There are a few ways to fund a milestone on UpWork. The most common way is to use your UpWork account balance. If you have funds available in your account, you can simply create a milestone and designate the amount you’d like to be paid out from your balance.

Another way to fund a milestone is by using a connected payment method, such as a debit or credit card, PayPal, or bank account. If you have a payment method connected to your UpWork account, you can select it as the funding source when you create a milestone.

PRO TIP: If you are thinking about funding a milestone on Upwork, be aware that there are some risks involved. First of all, when you fund a milestone, you are essentially giving the freelancer an advance on their work. This means that if they do not deliver what was agreed upon, you may not be able to get your money back. Secondly, even if the freelancer does deliver what was agreed upon, there is always the possibility that they will request more money for additional work or revisions. If you are not comfortable with either of these risks, it is probably best to avoid funding milestones on Upwork altogether.

You can also use funds from an escrow account to pay for a milestone. If you have an escrow account with UpWork, you can choose to withdraw funds from there to pay for the milestone.

Finally, if you’re working with an agency or company on UpWork, they may be able to fund the milestone for you. In this case, the agency or company will need to create the milestone and select themselves as the payer.

No matter how you choose to fund your milestone, remember that all payments on UpWork are protected by the UpWork Guarantee. This means that if you don’t receive the work you paid for or it isn’t up to the quality promised, you can file a dispute and potentially get your money back.

Madison Geldart

Madison Geldart

Cloud infrastructure engineer and tech mess solver.