PayConfirmed: Electronic Payment Solutions for Export and International Trade
2. How to use PayConfirmed for collections?
1. Account Registration
Start by creating a free account on www.payconfirmed.com. You’ll need to fill in your personal or business information and verify your identity for increased security and trust.
2. Create a Collection Deal
The exporter or seller creates a "collection deal" including:
- Buyer’s name
- Deal amount
- Description of the product or service
- Payment and delivery terms
- Expected shipping and receiving duration
3. Send the Payment Link to the Buyer
The platform sends the buyer a payment link that enables them to pay via various methods (credit cards, bank transfer, e-wallets).
4. Payment Confirmation
The amount is secured in a digital wallet on the platform. The seller is notified that the funds are ready and can begin preparing the shipment or service.
3. Using PayConfirmed for Export Services
1. Shipping the Goods
Once payment is confirmed, the exporter proceeds to ship the goods. This could be by land, sea, or air depending on the product and prior agreement.
2. Upload Shipping Documents
The platform allows the seller to upload shipping documents (invoice, bill of lading, certificate of origin, etc.) so the buyer can review them before confirming receipt.
3. Confirm Receipt
Once the goods arrive and the buyer is satisfied, they confirm receipt on the platform.
4. Fund Transfer
Upon confirmation by the buyer, the platform instantly transfers the funds to the seller/exporter’s account.
4. In Case of Dispute
PayConfirmed provides an internal arbitration system to resolve disputes in case of:
- Buyer refusing to confirm receipt
- Product defects
- Unjustified shipping delays
The case is reviewed based on evidence and documents submitted by both parties, and a fair decision is made based on prior terms.
5. Advantages of Using PayConfirmed for Collection and Export
| Feature | Benefit |
|---|---|
| Exporter Protection | Shipping only occurs after payment confirmation |
| Buyer Protection | Funds are only released after verifying goods |
| Full Transparency | Electronic documentation at each stage of the deal |
| Speed & Ease | Simple and fast user interface |
| International Support | Ideal for cross-border trade and global transactions |
6. Real-World Use Cases
Instead of shipping with no guarantee, they use PayConfirmed to secure the funds, then ship the goods. Once received, the funds are released instantly.
It creates a deal via the platform ensuring payment before shipment, and uploads documents post-shipping to ease customs clearance for the importer.
PayConfirmed provides a perfect and integrated solution to trust issues in collection and export, using a reliable escrow payment system that ensures commitment from all parties and protects their rights at every stage.
Whether you're new to exporting or highly experienced, integrating PayConfirmed into your financial and logistics operations will raise your professionalism and security, and increase your expansion opportunities in regional and global markets.
