Malusi In Coal

Thank You

has partnered with to provide transacting parties a secure payment solution.

is a digital and company that holds the customer’s funds in trust, and releases the funds to the supplier once the supplier delivers what was ordered. Their robust escrow mechanism ensures that customers get what they paid for, and that suppliers are guaranteed payment. This eliminates the risk of fraud, scams and unpaid invoices.

Transaction risk in South Africa is increasing, and the scourge of fraud and scams in the country’s commodity sectors has forced financial technology companies such as to offer innovative solutions, that are both safe and secure.

As for the security of the escrow account, employs the following security measures:

has management oversight of the escrow account and are involved in the approval process for payment instructions that are initiated by TradeSafe.
The escrow funds are insured by , underwritten by .
Auditing firm performs agreed-upon procedures, in terms of International Standards on Related Services.
TradeSafe is an authorised Third-Party Payment Provider with the Payment Association of South Africa (PASA) in terms of Directive 1 of 2007.

looks forward to working with in bringing transparency to the industry so that honest buyers and sellers can transact, safely and securely.