SurePay
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- Roles tracked
- 0
- In pipeline
- 0
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Company intel
From the job board · LinkedIn data via posting sync- Industry
- Financial Services
- Company size
- 5 people
- Headquarters
- Cebu
- Founded
- 2016
- Type
- Privately Held
In an online marketplace (ex. Facebook Groups or Carousell), a buyer can transact directly to the seller for the goods or services that it advertised. The buyer will pay the seller directly through bank or money transfer. The problem was a lot of sellers doesn’t deliver the item once they received the payment. A huge number of online marketplace are infected by scammers and fraud transactions because the identity of a user was not verified. Current solutions are done through face-to-face meet ups and payment exchanges once the items are confirmed. SurePay is an escrow web-mobile app that prevents fraud transactions online by holding the buyer’s payment and release it to the seller when the items are delivered. It acts like a middleman that regulates and secure the funds required for two parties involved in a given transaction.
