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Get a fully digital escrow service especially designed for international trade

Tazapay is the neutral third-party your business needs to safeguard your transactions and ensure both parties fulfill their responsibilities before payment is released.

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Trusted Platform for B2B Transactions

Your money is securely handled by an institution licensed and regulated by the Monetary Authority of Singapore (MAS), Rapyd.


As per MAS requirements, all customer funds are safeguarded and held with an authorised bank in Singapore.

Backed by leading investors

Sequoia Saison Capital

Fintech Certified by

Singapore Fintech Association

Singapore Registered Company

Accounting and corporate regulatory authority

How Escrow Works

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AGREEMENT

Buyer and seller mutually agree on terms of trade

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TRANSFER

Buyer submits payment to a secure escrow account held in Singapore

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INSPECTION (optional)

Seller prepares goods for inspection by buyer’s appointed agent

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SHIPPING

Seller completes shipment and uploads proof of shipment

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PAYMENT RELEASE

Can be either automatically released on shipment or released by the buyer upon reviewing proof of shipment

Eliminate Risk Equally for Buyers and Sellers

BUYERS
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Your money will be securely held until you have taken possession of your goods

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Protection from delayed or cancelled shipment

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Get your money back if the goods fail the inspection

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Full verification of seller’s identity and compliance status for all escrow transactions
SELLERS
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Find out instantly when the buyer has made the payment before you ship

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Full verification of the buyer’s identity and compliance status

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Reach more customers in a secure way

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Build your reputation as a reliable partner

1.8% of the price of the goods

Get protection from fraud and delays for a small
fraction of your trade amount.

Total Item Price*

$1,000 $5,000 $10,000 $20,000 $40,000

Escrow Fees**

$18 $90 $180 $360 $500

*USD/SGD

**Capped at $500

Available in Singapore, Malaysia, Thailand and India.
Register your interest to find out more.

Markets Covered
singapoore
malaysia
thai
india

Why Tazapay Escrow

Tazapay escrow is an affordable way to ensure both trade parties are treated equally and receive the same standard of protection. Other options are often more costly or not available for all transaction ranges.

LETTER OF CREDIT

Expensive and difficult to attain, they are only available for larger transactions, excluding many SMEs

LAW FIRMS

Can be very costly and time consuming as it works on a case-by-case basis

DIRECT TRANSFERS

Not protected against fraud or issues with delivery and quality of the goods