1. Create an escrow payment or join an escrow payment
As buyer or seller, create an escrow payment for the goods or service and then invite your business partner via payment link, email, SMS or WhatsApp. If you have received an invitation, join it.
PAYLAX protects companies buying and selling machinery
Get escrow payment link in seconds
Our escrow protection ensures the creditworthiness and seriousness of your business partners. With the PAYLAX escrow service, companies can buy and sell used machinery and production equipment worry-free - no advance performance risk, no debt collections and no credit checks.
- + 273 Mio. €
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- + 186 Mio. $
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- + 57 Mio. £
Volume of created digital escrow payments in 2020
Pay by escrowno advance performance risk, no debt collections and no credit checks.
With our digital escrow service PAYLAX you can trade with unknown business partners worry-free. And the good thing is - your business partner will be happy to do it! Because the escrow service creates trust on both sides.
Seller Protection
Seller will not ship or transfer the machine until funds are received in the escrow account.
Protection for buyers
Only when the buyer has received the machine, the money will be forwarded to the seller.
This isHow it works
The business and payment transaction is carried out via a move-for-move procedure that is transparent for both buyer and seller. This avoids a financial advance risk for both sides, protects against payment defaults and underlines the seriousness of the parties involved.
2. Buyer deposits the money on the escrow account
After your business partner has accepted your invitation or you have joined the escrow payment, the buyer deposits the agreed amount of money in the insolvency-protected escrow account by bank transfer, credit card (VISA / Mastercard) or SOFORT (Klarna). PAYLAX also supports deposits via transferwise.com.
3. Seller hands over the goods or service
PAYLAX informs the salesman about the safe receipt of money and he can arrange now carefree the delivery of the commodity or the contribution of the service.
4. Seller receives the money in real time after approval
After the buyer has received and verified the goods or service, the money is irrevocably transferred to the seller. The seller can now withdraw the amount free of charge by bank transfer or via transferwise.com to his bank account.
“Since we have been offering our customers payment via PAYLAX, we have had significantly fewer payment defaults.“
“The escrow service creates trust on both sides. The handling is simple, but should there be any difficulties, the support is very fast and effective. We are highly satisfied and gladly recommend the PAYLAX service to others.“ Korinth & Cie. GmbH - Business consulting
Fast, easy and, above all, secure!
Create a payment link in a few seconds that allows you to request or send money securely. Include the link with your offer or send the payment request separately via email or SMS.
Intuitive & Clear Payment Management
Via your PAYLAX business account you manage your payments and always keep an overview. With the support of the integrated chat or the price adjustment function, all parties remain flexible and react quickly and competently to all situations.
No advance performance risk, no payment defaults
When companies want to buy or sell machinery or production equipment, the question of secure payment processing often arises. Especially in international transactions or with unknown business partners, one does not want to take any advance risk. PAYLAX offers the solution for this through its proven move-by-move procedure.
Are you running a marketplace, online shop or an online platform?
Offer your customers a secure and simple payment method and increase their confidence in your platform.