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What is PAYLAX?

The PAYLAX escrow service provides a high level of security for transactions involving parties who may not know each other. In this framework, sellers receive their payments only after buyers confirm that they have received and are satisfied with the item or service purchased. The transfer of funds is managed through the buyer's PAYLAX account, ensuring that the buyer cannot access the money without the seller’s consent. Notably, buyers are not obligated to disclose any banking information, which adds another layer of privacy. This setup allows buyers to evaluate the quality of the product before the seller is paid. Sellers are assured of receiving payment only after the buyer has securely deposited funds into an escrow account that is safeguarded against insolvency. Such a structured approach enhances fairness and transparency in all transactions. The design of this system actively prevents the occurrence of intentional fraud, making sure that no goods are exchanged and no payments are made without proper verification. In addition, any release of funds or issuance of refunds necessitates a mutual agreement from both parties, thereby strengthening trust and accountability. These comprehensive measures collectively create a secure and dependable environment for transactions, fostering confidence in the process. Ultimately, the PAYLAX system aims to revolutionize how transactions are conducted by prioritizing security and trustworthiness.

What is Middletrust?

We provide first-rate security measures, including a secure PIN, detailed activity logs, and prompt notifications. Our services comply rigorously with applicable laws and regulations like NDPR and GDPR, prioritizing your safety and privacy. To ensure a secure environment, we verify the identity of all users to validate their authenticity. You will receive immediate SMS and email alerts about your active transactions, ensuring you stay updated at all times. Experience the convenience of accessing your funds quickly, no matter where or when you need them. We offer comprehensive guides and documentation to help you navigate Middletrust efficiently from the outset. Everything you need to seamlessly integrate with Middletrust and delve into our APIs and their functionalities is readily available. Moreover, you can count on unparalleled support during your development process, as our team is always prepared to assist you whenever you need help. We are committed to enhancing your experience and ensuring that you have all the essential resources for achieving your goals, fostering an environment where you can thrive and innovate.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

0,7% Fee
Free Trial Offered?
Free Version

Pricing Information

2.8% + $0.49 per transaction
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

PAYLAX

Date Founded

2015

Company Location

Germany

Company Website

paylax.com/en

Company Facts

Organization Name

Middletrust

Date Founded

2018

Company Location

Nigeria

Company Website

middletrust.com

Categories and Features

Categories and Features

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