Secure Digital Payments
Protecting you during the transaction
How does it work?
Step 1: Set up your payment details
The price is confirmed by both parties in the sales contract. The seller will then create a secure holding vault by verifying their ID and setting up the bank account to be paid into.
(You will need to provide a Government ID and Bank Details for this step)
Step 2: Wait for buyer to make payment
There is a notification as soon as the buyer pays into the secure vault.
Step 3: Hand over the keys
Both parties confirm that keys to the vehicle have been handed over
Step 4: Money is released
All done, the money will be in your bank account in a few days
How is it secure?
Each seller must verify their ID to use the service - creating more trust
The seller must provide a photo of their Passport or Drivers License in order to avail of this service which must match the details of the contract giving a buyer more peace of mind.
The money is held in a secure holding vault until transaction is complete
Neither party can access the money until both parties have confirmed that the keys to the vehicle have been handed over giving both parties more protection during the transaction.
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