‘Escrow’ refers to money held by a trusted third-party on behalf of the buyer and seller. The payment is released to the seller only after the buyer is satisfied all the terms of the agreement have been met and this is what AtaraPay offers.
Agree on a Price
Secure your online escrow deposit
Delivery of Product or Service
Pay after inspecting your purchase
Enjoy a safe and worry free service
Both seller or buyer, you are kept in the know of every stage of your transaction, whether the order was rejected or accepted or cancelled by the buyer.
When you pay into the escrow account, your funds are held securely with no charges until the end of the transaction. As the buyer, you do not experience any loss or risk to your money.
When a purchase is made online, an unserious buyer may decide to cancel the order much later after the order may have been packaged by the seller and ready for dispatch. sellers can now enforce a cancellation fee to weed out unserious buyers,
Cash on delivery (COD), cheques are both payment options that slow down the delivery process. They are all prone to delays and paper documentations which easily expose the transaction to fraud
Online payment on the other hand is made securely at the comfort of your home or office or while on holiday anywhere anytime without bothering about delays.
AtaraPay supports online bank transfer, debit and credit payment methods which can be used to pay into escrow for small transactions like buying a toy for your child or big-ticket transactions like buying a parcel of land for your dream home or an oil & gas deal.
Either way, AtaraPay protects you from financial loss and fraud while online or offline.
For Seller that want to reduce fulfilment risks
For Sellers that prefer cash in advance for their service.
For first time business transactions
For serious buyers with high liquidity.
For high value transactions
For funds protection without underwriting
For parties unfamiliar in a transaction.
For short term transactions.
Cash on delivery (COD), cheques are both payment options that slow down the delivery process. They are all prone to delays and paper documentations which easily expose the transaction to fraud
Online payment on the other hand is made securely at the comfort of your home or office or while on holiday anywhere anytime without bothering about delays.
OEM packed goods from an e-commerce website.
Online Contract Service such as freelance work providers.
Moter Vehicles and Airline tickets (direct/ non-agency sales)
Property rental payments, Land and house purchase.
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