💰Getting Paid: Payment Release & Fund Withdrawal

Midcontract automates freelance payouts using smart contracts. Learn how payment approvals, auto-releases, and fund withdrawals work for all contract types.

Once work is submitted, the client reviews and takes action — or the system does it for them.

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👤 For Clients

After receiving a submission, you can:

• ✅ Approve and release payment

• 🔁 Request changes — clearly specify what needs to be revised

If no action is taken:

• Fixed & Milestone contracts → Auto-approval kicks in after 5 days

• Hourly contracts → Timesheets are auto-approved after 3 days

All actions — approvals, revision requests, and deadlines — are transparently recorded on-chain.

📦 How work submission & review works →

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🧑‍💻 For Freelancers & Agencies

Once the work is approved (manually or automatically):

• You’ll see a Funds Available status in your contract

• Click Claim Funds

• Confirm in your wallet — payout is processed instantly

No waiting, no middlemen. You can withdraw stablecoins or convert them into fiat via our partner service.

🌍 Learn more about multi-currency payouts →

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🔄 Smart Status Logic

• Fixed-Price Contracts → When payment is claimed, the contract moves to Completed

• Milestone-Based Contracts → Only the approved milestone is marked complete — the rest of the contract remains active

• Hourly Contracts → Timesheets are submitted and reviewed weekly. The contract stays open until either side chooses to close it

  📄 Explore contract types →

🧠 Notifications will keep you updated at every step — including reminders before auto-approval kicks in.