Effective Date: [insert-launch-date] Last updated: [insert-revision-date]
Purpose. This Policy sets the rules for funding projects, approving deliverables, releasing payouts, filing disputes, and handling chargebacks on the Wonegig platform. It is legally binding on every Client, Freelancer, and Partner (“Users”) and is incorporated by reference into our Terms & Conditions.
| Applies to | Includes | Excludes |
|---|---|---|
| All monetary transactions processed through Wonegig escrow or payout rails | Card payments, ACH/SEPA, local bank transfers, wallet top-ups, withdrawals | Direct off-platform payments (prohibited), third-party financing, crypto transfers |
| Term | Meaning |
|---|---|
| Escrow | Segregated account that holds Client funds until Project milestones are approved or resolved through dispute procedures. |
| Chargeback | A payment reversal initiated by a cardholder through their issuing bank under card-network rules (e.g., Visa, Mastercard). |
| Dispute Window | The period (5 calendar days by default) after Freelancer marks a milestone as delivered for Client to accept or file a dispute. |
| Release | The automated or manual transfer of escrowed funds to Freelancer's available balance. |
| Withdrawal Hold | A security period (7 days minimum) before released funds are eligible for external payout. |
| Tier | Max single withdrawal | Hold period | Additional checks |
|---|---|---|---|
| Tier 1 (new account < 30 days or < $1 000 total earnings) | $500 | 14 days | Mandatory ID + live selfie |
| Tier 2 (≥ 30 days + KYC completed) | $5 000 | 7 days | Random audit |
| Tier 3 (verified volume seller) | Custom | 2 days | Dedicated risk monitoring |
We reserve the right to extend holds or require rolling reserves (up to 10%) if account risk rises (high dispute rate, sudden volume spike, etc.).
| Step | Action |
|---|---|
| 1 — Alert | We notify the Freelancer and temporarily debit their Wonegig balance (or future earnings) for the chargeback amount + provisional fee. |
| 2 — Evidence | Freelancer has 3 business days to submit proof of work (files, timestamps, communications). Wonegig compiles platform data (IP logs, acceptance clicks, escrow confirmations). |
| 3 — Representment | Wonegig (via acquiring bank/processor) contests the chargeback. |
| 4 — Outcome | a. Win → funds and fee returned to Freelancer; Client may face account suspension. b. Lose → chargeback stands; Client and Freelancer encouraged to mediate off-platform if additional remedy sought. |
Chargeback Fee: USD $25 per dispute plus any network-imposed fee. Assessed to the party responsible for the reversal once liability is determined.
Consequences: Immediate account suspension, forfeiture of balances, recovery of losses via collections, and potential legal action.
| Control | How It Protects You |
|---|---|
| 3-D Secure & PSD2 SCA | Mitigates stolen-card fraud for EU/UK transactions. |
| Velocity & Geo-IP checks | Flags anomalous spending or location spoofing. |
| Device fingerprinting | Links multiple fraudulent accounts. |
| Auto-reserve triggers | Withholds funds when dispute rate > 1% of volume. |
| Manual review queue | Senior analysts vet transactions above risk threshold. |
Keep all project communications inside Wonegig chat; external messages (email, WhatsApp) are not automatically stored and may weaken your case. Attach working files in native formats and maintain version history for at least 180 days after final payment.
We may amend this Policy to reflect card-network rule changes or evolving risk conditions. Notice: At least 15 days before changes take effect, except for urgent updates required by law or payment-network mandate.
Risk & Compliance Team – Wonegig Technologies Inc.
Email: risk@wonegig.com Phone: +1 204-[xxx-xxxx]
Postal: 201 Portage Ave., Suite 1800, Winnipeg, MB R3B 3K6, Canada