1. Create escrow payment and send payment link
The seller creates an escrow payment via the PAYLAX dashboard and sends the payment link to the buyer.
If it is creating a website, renovating your bathroom or paying the moving helpers for your new appartment - using PAYLAX you only pay for what you ordered.
With PAYLAX you can check the result before the service provider receives his money.
The money you deposit stays on the escrow account until work is done and controlled by you.
In his own interest the service provider will make sure that you are satisfied.
The seller creates an escrow payment via the PAYLAX dashboard and sends the payment link to the buyer.
The buyer opens the payment link and deposits the purchase amount in an insolvency court escrow account. Depending on the transaction volume, the buyer can choose from the following payment methods.
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.
After the buyer has received and verified the goods or service, the money is irrevocably transferred to the seller.
The seller does not receive the money until the buyer has received and verified the goods or service. The release must be made via the PAYLAX account of the buyer.
The buyer cannot withdraw the money without the express consent of the seller. It is not necessary to pass on bank details to the buyer
If you pay the renovation of your kitchen with PAYLAX, the craftsman will receive your money first when you checked his work.
PAYLAX-Escrowprotection offers a maximum of security and prevents fraud.
With your PAYLAX-Account you can always keep a eye on your escrow payments.
The settlement process is in real time and can be controlled via your smartphone.
Your money stays on insolvency-protected escrow-accounts and can always be payed out.
After your customer released the money, it cannot be revoked.
Using PAYLAX for payments you can be sure that your customer has enough money to pay for your service - even before you begin your work. This is a big advantage for freelancers and small businesses.
Escrow-Protection prevents fraud in the payment process in advance.
Offer your customers a secure and simple payment method and increase their confidence in your platform.