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What flow of funds does WOLF fintech support?
What flow of funds does WOLF fintech support?
Brianna Lysaith avatar
Written by Brianna Lysaith
Updated over a year ago

WOLF supports the traditional model for the flow of funds. This is when payment for the client’s invoice goes to the platform’s Stripe account. The platform then pays out to the candidates.

So, you (the admin) would charge the client for a job order, and then pay the candidates their rate into their connected account. The fees are taken out of the amount that’s left as profit after paying candidates, and then the rest would be your net amount. Candidates do not pay associated payment processing fees.

For more information on the traditional business model, see this article.

NB: Unified Payments model is no longer supported on WOLF Fintech.

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