TradeSafe
Assuring Buyer and Seller Security
Welcome to TradeSafe
South Africa’s Trusted Online Escrow Service. From Buying or Selling a Phone to a Multi-Million Commodity Deal, we Ensure That Every Transaction is Safe, Secure and Successful!
Click here to trade with confidence! Learn more
How it works?
TradeSafe is a licensed online financial escrow and payments services provider. The company is an independent third party that safeguards the buyer's funds in trust until the seller delivers to the buyer what was promised. Only once the buyer is happy with the goods or services received does TradeSafe release the funds to the seller.
1. Register and trade
Found something to buy or sell? Register an account and create a transaction. Fill in the parties and the terms of the deal. You can upload any documentation if necessary.
learn more2. Get counterparty registered
TradeSafe will then invite the other party to your transaction. Other party thinks you too pricey? No problem…you can negotiate with each other until a deal is reached.
learn more3. Deposit amount
Once the deal is struck, the terms of the trade are locked. The Buyer then deposits the money with TradeSafe for safekeeping. Once the funds are verified, TradeSafe will send a signed letter of confirmation to all parties.
learn more4. Service rendered/product delivered
The Seller must then arrange delivery of the goods or perform the service. Delivery is safer now that the funds are in the middle. Any courier or tracking information can also be uploaded.
learn more5. Release payment
Once the Buyer is happy with the goods or services received, TradeSafe releases the funds to the Seller. If the Buyer is not happy, he/she can log onto TradeSafe and lodge a dispute. This will allow parties to renegotiate certain terms.
learn more
TradeSafe is an authorised Third Party Payment Provider with the Payment Association of South Africa (PASA) with license number SP001191 in terms of SARB Directive 1 of 2007. [Verify our membership here]
TradeSafe keeps you Safe
…keeps you secure.
Features and Benefits of Using TradeSafe
Reduce the Risk of Fraud/Bad Debt
If a seller misrepresents what he/she is selling, they will not be paid. If the Buyer doesn't have the agreed funds, the trade will not start. TradeSafe incentives users to be honest.
Agents & Multiple Beneficiaries
TradeSafe allows users to include an agent or broker in a transaction. The agent’s commission can be split between the parties. You can also add other beneficiaries such as consultants, delivery companies etc. to a transaction.
Milestone & Progress Payments
You can split a single transaction into separate milestones or progress payments. Progress payments are common in the fuel, commodity, construction, and freelancing sectors.
Guarantees Cash Flow
Hundreds of SMEs are closing their doors due to lack of cash flow caused by orders that are not paid for,
receivables/supplier payments that are not forthcoming.
Integration Options
Have an online website or marketplace that requires an embedded escrow solution? Integration options are
available via TradeSafe’s easy-to-use REST API.
Instant EFT Capability
Any payment made from one of South Africa’s top four banks will ensure almost immediate payment verification
and notification.
TradeSafe is Fast
TradeSafe is fast. Depending on the speed of the transacting parties, a single TradeSafe transaction can take
15 minutes to complete.
International Transactions
TradeSafe can facilitate international transactions in major currencies around the world namely the USD,
Euro, Sterling, RMB, AUD, and twenty other major foreign currencies.
Complete Transparency
Email and SMS notifications are sent to all parties during each stage of the transaction lifecycle, ensuring
complete transparency at all times and thereby eradicating any uncertainty whatsoever.
Industry Categories that we cover
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TradeSafe - Assuring Buyer and Seller Security
In times like these when cash flow is a top priority for individuals and businesses, why take the risk?
Are you a Buyer, Seller or running a business?
Don't delay, start trading with confidence right now!