Startup Showcase: Trustshare – Revolutionizing the World of Escrow Payments

Unified API for Payment, Escrow, Banking, and Credit Operations.

1 min read

Are you tired of outdated and unreliable escrow payment systems that leave you vulnerable to fraud and financial insecurity? Look no further than Trustshare – the revolutionary fintech startup that offers a unified API for seamless marketplace transactions.

Introducing Trustshare

Trustshare is a London-based startup that is changing the way payments, escrow, banking, and credit operations are handled in online marketplaces. With a single, unified API, Trustshare makes it easy for businesses to connect buyers, sellers, projects, and even credit providers in a secure and seamless ecosystem.

The problems with traditional escrow payments

Traditional escrow payments are often cumbersome and outdated, plagued with fraudulent transactions and security issues. Buyers and sellers frequently face problems like delayed payments, holdbacks, and other complications that can strain their relationships and create financial risk.

But Trustshare is different. With their sophisticated technology and innovative API, Trustshare is able to streamline the entire escrow process, providing a secure and reliable solution for marketplace transactions.

How Trustshare Works

Trustshare’s technology is powered by open banking regulations in the UK, Europe, and the United States. It creates secure accounts for buyers, sellers, projects, and even credit providers on the fly, removing customer funds from operational accounts in order to comply with PSD2 and DAC-7.

Buyers can easily make deposits using bank transfers or credit cards, and the platform can also handle identity verification procedures like KYC and AML checks (Know Your Customer and Anti-Money Laundering). Once the platform is live, buyers can checkout into a dedicated account per transaction on the marketplace, and sellers receive the funds once the project is complete.

Read more from UKT News:  Search Engine Innovation Unleashed: 15 UK Startups Taking the Industry by Storm

The Benefits of Trustshare

Trustshare’s platform provides a host of benefits for buyers and sellers, including:

  • Increased Security – Trustshare’s innovative technology provides a secure and reliable solution for marketplace transactions, protecting buyers and sellers from fraud and financial risk.
  • Streamlined Transactions – With Trustshare’s unified API, marketplace transactions are streamlined and easy to manage, providing a more efficient and accurate experience for all parties involved.
  • KYC and AML Compliance – Trustshare’s technology is designed to comply with all KYC and AML regulations, ensuring the safety and security of all marketplace transactions.

The Future of Trustshare

As Trustshare continues to grow and expand, we can expect to see even more innovative solutions for marketplace transactions. With their cutting-edge technology and commitment to customer satisfaction, Trustshare is poised to revolutionize the world of escrow payments.

Don’t miss out on this groundbreaking fintech startup – visit their website today and start exploring the future of marketplace transactions.

Website: https://trustshare.co/

Twitter: https://twitter.com/trustshareco

Facebook: https://www.facebook.com/trustshareco

LinkedIn: https://www.linkedin.com/company/trustshare


Want to supercharge your brand’s visibility within the UK tech industry? Reach startup founders, investors, and C-level executives with sponsored articles on UKT.news. Connect with us and discover how our advertising solutions can propel your brand to new heights. Explore our Sponsored Articles & Partnerships Program here.

Read more from UKT News:  Startup Showcase: Coppenwall Estate Agents - Changing the Online Estate Agency Game

UKT News

UKT.news is a media platform owned by Unstructured Media, providing the latest news and insights on UK technology and startup scenes. The website offers readers with daily updates on the latest industry developments, as well as featuring exciting startups and advertising opportunities.

Leave a Reply

Your email address will not be published.