The Financial Dashboard is your central hub for managing all payment processes on Loxala. It provides real-time insights into earnings, scheduled payments, withdrawal options, and more.
- Important Notice: Bank Account Setup Unavailable — If you’re in a country without bank transfer support, alternative methods are available: Select a Supported Bank Account: Choose a bank account from Loxala's supported country list to receive payments directly. Contact Support for assistance in finding the best withdrawal method for your location.
Financial Dashboard Features
- 1. Financial Report — Available Funds: Displays the current accessible funds after deductions. Funds remain pending for 8 days post-client release for both fixed and hourly contracts. Total Earnings: Shows cumulative income over a selected period. Pending Payments: Tracks any unpaid client amounts. Comparison with Goals: Monitors your earnings relative to financial targets, using visual indicators to show progress toward monthly or annual goals. A notification and email are triggered at 80% completion to keep you motivated.
- Example: If your monthly goal is $5,000 and you’ve earned $4,000 by the 20th, the dashboard will indicate 80% progress, prompting you to stay focused.
Withdrawal Management
Loxala offers flexible withdrawal settings, allowing you to manage funds according to your needs:
- Setting a Withdrawal Schedule — Minimum Balance: Initiate withdrawals once you reach $100 in available balance. Frequency Options: Choose between weekly or monthly withdrawals for a consistent payout schedule.
- Choosing Withdrawal Method — Bank Account: Set up a bank account for regular transfers, displayed with the last four digits for easy identification.
- Verification Requirements — SMS Verification: For security, each withdrawal requires SMS verification, with a “Trust This Browser” option to streamline future verifications. 2FA Setup: If 2FA is inactive, setup will be required for security purposes before proceeding with withdrawals.
Withdrawal Options: Standard & Express
- Standard Withdrawal: Available in the US, UK, and Japan. Fees are $0.99 per transaction, with a processing time of 2-7 business days.
- Express Withdrawal: Available in the US and UK, with a 1.5%-2% fee plus $0.99, and funds arriving within 30 minutes, including weekends and holidays.
Japan’s Weekly Payouts: Processed every Monday at 1 AM GMT.
Transaction History
The Transaction Summary allows you to track all transactions, including project payments, withdrawals, and credit purchases.
- Transaction Columns Explained — Transaction ID: A unique ID for easy reference. Date: Date of the transaction, tracking payment timelines. Type: Indicates the nature, such as Project Payment or Withdrawal. Details: Includes client info, project description, and payment methods. Amount: Shows the monetary value of each transaction. Status: Indicates whether a transaction is Completed, Pending, In Progress, Transferred, or under Dispute.
- Invoice Generation — Downloadable invoices are available for Completed transactions, such as project payments and withdrawals.
