Tazapay is the neutral third-party your business needs to safeguard your transactions and ensure both parties fulfill their responsibilities before payment is released.
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
Fintech Certified by
Singapore Registered Company
Buyer and seller mutually agree on terms of trade
Buyer submits payment to a secure escrow account held in Singapore
Seller prepares goods for inspection by buyer’s appointed agent
Seller completes shipment and uploads proof of shipment
Can be either automatically released on shipment or released by the buyer upon reviewing proof of shipment
1Your money will be securely held until you have taken possession of your goods
2Protection from delayed or cancelled shipment
3Get your money back if the goods fail the inspection
4Full verification of seller’s identity and compliance status for all escrow transactions
1Find out instantly when the buyer has made the payment before you ship
2Full verification of the buyer’s identity and compliance status
3Reach more customers in a secure way
4Build your reputation as a reliable partner
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
**Capped at $500
Available in Singapore, Malaysia, Thailand and India.
Register your interest to find out more.
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.
Expensive and difficult to attain, they are only available for larger transactions, excluding many SMEs
Can be very costly and time consuming as it works on a case-by-case basis
Not protected against fraud or issues with delivery and quality of the goods