Frequently Questions

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Frequently Asked Questions

Let’s Answer Some Of Your Questions Or Frequently Asked Questions

What is Escrow?

Escrow is a contractual arrangement in which a third party receives and disburses funds or documents for the primary transacting parties, with the disbursement dependent on conditions agreed to by the transacting parties.

How does escrow work on the Payzora Safe platform?

We built Payzora Safe Crypto Transfer System to be an escrow service for crypto trading and exchanges, with one big difference we give the power of security back to both parties (In this case, the Buyer and Seller). Payzora Safe is a true Peer-to-Peer crypto exchange escrow service, where each transaction produces a unique smart contract that only holds the designated funds for your transaction, with absolutely no pooled funds, guaranteeing a trustful trading experience.

Advantages of using Payzora Safe?

There are so many advantages to using Payzora Safe for your next crypto exchange transaction. The biggest reason for doing so, is to keep your funds secure. With so many potential scammers out there, Payzora Safe's patent pending technology is designed to secure your funds during the entire transaction process, with funds only being released when all parties have fully through with their obligations.

The other reason for using Payzora Safe is its ease of use, you can start a transaction in just a few minutes, managing every step within a simple to use transaction panel. You can see the detailed status during a transaction.

How long does it take for funds to be released?

Once the required funds have been received from both the buyer and seller, Normally your funds are automatically available for withdrawal to your desired wallet address, In few cases, You may need to wait for a maximum of 1 hour due to the network.

Are my personal details secure with you?

Payzora Safe takes a number of precautionary measures to ensure that the personal details of our clients are held in absolute confidence and are securely stored so as not to be accessible by unauthorized persons.

Are my funds secure?

Yes, every Payzora Safe transaction creates a unique irrefutable smart wallet listed on public wallet addresses, this smart contract will hold the funds for your transaction until time of distribution between buyer and seller.

How do I Verify or Confirm a transaction?

In order to verify your account, Both parties must click on the mail sent to them after successfully creating a transaction.

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