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Afrimart offers buyers the security of paying suppliers through an escrow system provided by our internal escrow engine, as well as in partnership with globally recognized escrow services providers. This service ensures that your money is protected in the deal cycle. For more information on how our Escrow Services works click [here]
What is Escrow?
Escrow is a financial arrangement where a third party holds and regulates payment of funds required for a transaction to be completed between two parties. This greatly enhances security of the transaction between the buyer and supplier.
How does it work?
For buyers, your payment will only be released to the suppliers after Afrimart verifies the satisfactory receipt of your order.
For suppliers, we provide the security of ensuring payment has been received and kept in trust while the transaction is being executed and satisfactorily verified. This guarantees the supplier will receive payment once all contracted terms are met.
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