Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
The PAYLAX escrow service ensures optimal security for transactions between unfamiliar parties. In this system, the seller only receives payment once the buyer has confirmed receipt and satisfaction with the purchased item or service. Funds are released through the buyer’s PAYLAX account, preventing the buyer from accessing the money without the seller's permission. Additionally, there is no requirement for the buyer to share any banking information. This arrangement allows the buyer to assess the quality of the goods before the seller is compensated. The seller is only obligated to receive payment once the buyer has securely deposited funds in an escrow account protected against insolvency. This structured process promotes fairness and transparency in every transaction. By design, the system eliminates the possibility of intentional fraud, ensuring that no goods are exchanged and no payments are processed without proper validation. Furthermore, any release of funds or refunds requires mutual agreement between the two parties involved, reinforcing trust and accountability. Ultimately, these measures work together to foster a safe and reliable transaction environment.
Description
Safeguard your transactions against wire fraud with Tidal Money's robust 256-bit encryption, complemented by multi-factor authentication and compliance with SOC2 standards through our trusted partner, Sekady. This ensures that you can relax knowing your financial data is protected. Tidal Money employs advanced 256-bit AES encryption while following rigorous SOC2-Certified protocols to secure all sensitive information. In the realm of real estate payments, where security, efficiency, and simplicity are crucial, we are dedicated to making your experience seamless. From managing escrow closing disbursements to handling net proceeds, payoffs, and earnest money, we streamline every step of the process. We focus on enhancing the movement of money, prioritizing easy integration with your existing systems. By minimizing redundant data entry, we help you achieve greater operational efficiency and peace of mind in every transaction.
API Access
Has API
API Access
Has API
Integrations
Sekady
Pricing Details
0,7% Fee
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
PAYLAX
Founded
2015
Country
Germany
Website
paylax.com/en
Vendor Details
Company Name
Tidal Money
Founded
2018
Country
United States
Website
www.tidalmoney.com