Are you tired of outdated and unreliable escrow payment systems that leave you vulnerable to fraud and financial insecurity?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.
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Traditional escrow payments are often cumbersome and outdated, plagued with fraudulent transactions and security issues.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.
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.
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.
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.
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