Trustin in Sandton Lists Escrow Options for Vehicle, Phone and Higher-Value Private Trades:
SANDTON: Paying first and hoping the item arrives as described is still how too many private sales go wrong. TrustIn, a Sandton escrow service for South African online trades, sets out its escrow payment services by deal type, so buyers and sellers can see how the money is held until the handover checks are done.
Every deal type follows the same three steps:
- The buyer pays into escrow.
- The funds stay held while the item is delivered, collected or inspected.
- The money is released once the buyer confirms the agreed terms have been met.
On a vehicle sale, release waits until the agreed handover checks are complete. On a phone or laptop trade, the buyer can check that the device works as described before payment leaves their account. Freelance projects and rental deposits use the same hold, with release tied to agreed stages.
“Most of the calls we get start with someone who has already found the car or the laptop and just wants to know the money is safe until they have seen it,” said TrustIn’s buyer support lead. “Listing each deal type separately means a seller of a caravan and a buyer of a camera can each see what has to happen before release.”
TrustIn does not give personal financial, tax or legal advice. It works with buyers and sellers in Sandton, Johannesburg, Midrand and Randburg, as well as Cape Town, Durban, Pretoria and Gqeberha.
More about TrustIn is at trustin.co.za. Business equipment for South African traders is available through am.co.za.
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