Trustap combines modern online money wallets and traditional safe escrow concepts to provide a safe transaction platform for people who are buying or selling online, or in person. It offers a slick transaction platform designed to protect buyers and sellers for everyday transactions with strangers and is specifically designed to easily integrate into existing marketplaces.
Trustap manages the entire transaction with a ‘hands-on’ approach, such as tracking an item’s delivery. By managing the entire transaction, Trustap offers users more than just a payment solution. In a typical transaction, the buyer pays the price of an item into the Trustap hold. The funds are then released to the seller based on certain milestones being met such as the delivery of an item or the handing over of an item in person. The buyer and seller are completely protected from fraud or scams by holding the funds until the transactional milestones are met.