1. Create escrow payment for domain or website
You create an escrow payment at PAYLAX and then invite the buyer or seller via mail, SMS or WhatsApp. Registration with PAYLAX is free of charge.
Buy and sell domains, websites and Internet access securely
With the PAYLAX digital escrow service, you can buy and sell domains, websites or webshops securely - even across national borders
- Real protection for buyers & sellers starting at 1€
- Can be used worldwide
- Real-Time transactions
- Fraud protection
- + 273 Mio. €
- |
- + 186 Mio. $
- |
- + 57 Mio. £
Volume of created digital escrow payments in 2020
This is
How it works
If you have agreed on a price and the method of delivery, then the question of secure payment processing remains. If you want to be on the safe side here, then agree with your business partner on the settlement via the PAYLAX escrow service and create the escrow payment.
2. Deposit Money & Transfer Domain or Website
Your business partner joins the escrow payment and the buyer deposits the agreed amount of money to the escrow account via credit card, SOFORT (Klarna) or bank transfer. PAYLAX informs the seller (owner of the domain or website) about the receipt of money, whereupon the seller hands over the authorization code of the domain or transfers the website to the buyer.
3. Release Money
After the domain or website is transferred to the buyer, the buyer releases the money via PAYLAX. Both parties immediately receive a confirmation of the release and the money is irrevocably forwarded to the seller. The seller can now withdraw the amount free of charge by bank transfer or via transferwise.com to their bank account.
Buyer Protection
The seller does not receive the money until the buyer has received and verified the goods or service. The release must be made via the PAYLAX account of the buyer.
Seller Protection
The buyer cannot withdraw the money without the express consent of the seller. It is not necessary to pass on bank details to the buyer
Are you running a marketplace, online shop or an online platform?
Offer your customers a secure and simple payment method and increase their confidence in your platform.
Your
Benefits
Simple and inexpensive payment method
With PAYLAX, you can create a link in a few seconds to request or send money securely and cost-effectively. Escrow protection offers maximum security and is particularly suitable for transactions concluded between two parties via the Internet.
Reduced risk
Existing payment service providers usually do not offer sufficient protection. The risk of fraud increases especially in transactions with unknown persons and in cross-border shipments. PAYLAX's step-by-step processing reduces the risk and allows you to act without worries. The willingness alone to handle the purchase transaction via an escrow service underlines the seriousness and integrity of the parties involved.
Protection for both parties
PAYLAX's aim is to protect both buyer and seller from fraud and to make the payment secure and fair for both parties. The deposited funds are kept safely in an insolvency-proof escrow account until the transaction is concluded. The buyer is given the opportunity to inspect the goods or service before the funds are released. The seller delivers only after receipt of payment and is protected against unexpected chargebacks.
Suitable for goods, services and deposits
There are no limits to the purchase transaction via PAYLAX. In addition to buying and selling goods such as cars, boats, jewellery, watches, furniture, electronic goods, PAYLAX can also be used for services and deposits.
Trusted payment service provider
pay & relax GmbH, operator of the PAYLAX trust service, is a Stuttgart-based company and was founded in 2015. PAYLAX is based on a cooperation between pay & relax GmbH and MANGOPAY SA, an authorised and CSSF (financial supervisory authority) supervised e-money institution in Luxembourg. Client funds are held in insolvency-protected escrow accounts. EUR deposits via Bank Transfer are processed by Commerzbank in Germany, deposits in GBP and USD are processed by Barclays Bank in London and transfers in CHF, AUD and CAD are processed by BNP Paribas in Luxembourg.