Withdrawal request (Process Pending by PPH)
I requested a withdrawal on 23rd April but the transaction has still not completed.
Could you investigate and add the money to my account please?
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I think the pandemic must have hit them financially, I have noticed that jobs have been very up and down throughout the year, February was really bad for me personally on here. Then again there's always the chance that someone high up as drained all the money out of it and done a runner, wouldn't be the first company.
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What they're doing is illegal, withhold payments yet still allowing clients to post jobs and pay deposits. If that's the case, they should be closing the site until they manage their finances. This silence is doing nothing but damaging their reputation which makes me think they know they are going bust anyway and don't care.
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Just talked to the Customer support, here's the important stuff:
I assure you there’s no reason to worry, we just have increasing checks to perform as we grow due to regulation around money laundering etc. but nothing to worry about
I agree with you, but we hope to resolve this matter today, so no need for a general announcement. You are correct though, if we had done that last week, it would have been optimal. -
Could be something to do with the new IR35 law:
https://www.express.co.uk/finance/personalfinance/1431449/ir35-freelancers-review-self-employed-confidence
As for PPH, their financial reports are looking good:
https://companycheck.co.uk/company/06369697/PEOPLE-PER-HOUR-LTD/financials -
And here's the CEO saying the rates are going up:
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https://www.peopleperhour.com/blog/company-news/freelancer-payments-processing/
They say they are growing but freelance projects on the site use to be around 6,500 in total, but now they are around 4,400 on average. Been with PPH since around 2014 and these delays have happened since then and I am sure it will happen again and again and with newer excuses each time. Been with another freelancer site since 2014 also and have never had a payment withdrawal issue with them.
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Finally!!! I have received my money which I requested on 23d and 26th!
I counted carefully and realized that actually the PPH really did it within 48 WORKING hours, or 6 working days. 23 was Friday, so they worked 26,27,28,29,30 and today 4, is the 6th day. But in fact I had to wait 11 days and of course it was very, very long(((
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