Benefits of Social Swap
Experience secure and hassle-free transactions.
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Dispute Prevention
Clear, transparent processes help prevent disputes before they arise, ensuring smoother transactions
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Enhance Flexibility
Our platform adapts to your needs, offering flexible payment options and customizable transaction terms
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Simplified Transaction
Our platform makes it easy to set up and manage transactions, reducing the time and effort needed to complete a deal.
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Reduce Risk
Protect yourself from fraud and ensure that both parties meet their obligations before funds are released
Our features
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Secure Payment Handling
Our platform ensures that all transactions are processed through a robust and secure payment system. Funds are held in escrow until both parties fulfill their obligations, significantly reducing the risk of fraud or non-payment. Advanced encryption and compliance with industry standards protect sensitive financial information at every step. This feature builds trust between users, as payments are only released when all agreed-upon conditions are met, providing peace of mind for both buyers and sellers.
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Easy Dispute Resolution
We offer a streamlined dispute resolution process designed to resolve conflicts quickly and fairly. If any disagreement arises during a transaction, users can initiate a dispute within the platform. Our dedicated support team reviews the case, gathers relevant evidence, and mediates to reach an impartial outcome. This transparent approach ensures that issues are handled efficiently, minimizing delays and fostering a sense of security for all parties involved.
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Real Time Notification
Stay informed at every stage of your transaction with our real-time notification system. Users receive instant updates via email, SMS, or in-app alerts whenever there is a change in transaction status, such as payment confirmation, document submission, or dispute initiation. This feature keeps all parties up to date, reduces miscommunication, and enables prompt action, ensuring a smooth and transparent escrow experience.
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Multicurrency Support
Our platform supports transactions in multiple currencies, making it accessible to users worldwide. Whether you are dealing in USD, EUR, GBP, or other major currencies, the system seamlessly handles currency conversions and displays real-time exchange rates. This flexibility simplifies cross-border transactions, eliminates the need for external currency exchanges, and broadens your market reach, making international deals more convenient and efficient.
how escrow works
Agreement
Both parties agree on transaction terms, including price and delivery.
Submit payment
The buyer deposits the agreed funds into ESCROW, securing the payment.
Deliver
The seller delivers agreed, meeting the buyer's expectations.
Release payment
Upon buyer's confirmation, funds are released from ESCROW to the seller.
FAQs
Get quick answers to our most commonly asked questions.
An escrow service is a neutral third-party arrangement where funds or assets are held securely until all terms of a transaction between buyer and seller are fulfilled. It ensures that the buyer’s money is protected and only released to the seller once the buyer is satisfied with the product or service.
When a buyer makes a payment, the funds are held securely by the escrow provider. The seller only receives the funds after the buyer confirms that the agreed-upon goods or services have been delivered satisfactorily. If there are disputes or issues, the funds remain in escrow until resolution. This protects both parties and builds trust in the transaction.
Escrow services are available to individuals and businesses who want to ensure secure transactions. Buyers who need to pay deposits or full payments before receiving goods or services, and sellers who want assurance that funds are secured before delivery, can use escrow. Registration is usually free and requires basic personal or business information.
Yes, escrow services use secure systems and verification processes to protect your personal and financial data. They comply with regulatory standards and often require identity verification to prevent unauthorized transactions. Funds are held securely by a trusted third party until contract terms are met.
We accept payments primarily via Electronic Funds Transfer (EFT). Some escrow services may also accept credit card payments or online payment platforms, but EFT is the most common and preferred method to ensure secure and timely processing