3 Best Escrow Services in Kenya

 

Key takeaways

1. 1. Escrow is a term that refers to a neutral third party that holds funds or assets on behalf of two parties involved in a transaction until all agreed-upon terms are met.
   2. Escrow technology has proved to be an important go-between that shields both the buyer and seller from scammers and dishonest elements in business.
   3. This technology is a popular solution in online transactions and real estate, among other commercial deals.
   4. The escrow agent releases the assets or funds only when all contractual conditions are satisfied, thereby minimizing risk and facilitating a smoother transaction.
   5. This article gives you the best Escrow services available in Kenya.

 

 

Also read: Top 3 Forex Brokers in Kenya

 

 

Among the best Escrow services in Kenya include:

1. 1. Escrow Kenya
   2. TradeSure Kenya
   3. SasaPay Kenya Escrow Service

 

1. Escrow Kenya

 

Click here to register an Escrow Kenya account.

 

1. 1. Escrow Kenya is a leading Escrow service provider in Kenya designed to guarantee peace of mind between sellers and buyers.
   2. Escrow Kenya tackles various issues, including cases where goods and services have been paid for but not delivered.
   3. Scores of Kenyans have been scammed by online retail shops that mostly demand advance payment before delivery.
   4. With the rise in fraud cases in online transactions, escrow services have become the ideal solution to bridge the trust gap.
   5. Escrow Kenya holds payments from buyers in trust until goods are successfully delivered.
   6. Once the buyer confirms that they are satisfied, Escrow Kenya releases payment to the seller.
   7. This not only helps traders make sales but also allows both parties to solve problems amicably in case they occur.
   8. Escrow Kenya has over 19,000 registered users and has overseen more than 10,000 orders.
   9. Escrow Kenya has also developed a special interface (API) for online retailers that allows them to integrate Escrow payments on checkout pages.

 

 

 

 

How the Escrow Kenya service works

1. 1. The Escrow service is a simple straightforward operation between the buyer, seller/merchant, and Escrow Kenya (the neutral party).
   2. Escrow transactions can be initiated by either the buyer or seller.
   3. You need to register an Escrow Kenya account to access the service.
   4. Click here to register an Escrow Kenya account.
   5. Login to your Escrow Kenya account and initiate the transaction as a seller or buyer.
   6. Enter the agreed terms of the deal that may include:
      1. 1. Agreed price
         2. Mode of shipment or delivery
         3. Delivery fees
         4. The person paying delivery and Escrow fees
         5. Expected time of arrival of the shipment
   7. Proceed and deposit funds if you are a buyer.
   8. Escrow Kenya will then notify the seller to begin the delivery process.
   9. After the goods are delivered, inspect and authorize payment after you are satisfied with the quality and condition of the products.
   10. Upon your confirmation, Escrow Kenya releases full payment to the seller to complete the transaction.

 

 

 

 

Escrow Kenya payment methods

Escrow Kenya supports the following payment options:

1. 1. NCBA
   2. M-PESA
   3. Pesa Link

 

 

Escrow Kenya Contacts (+254703 300 000)

1. 1. Escrow Kenya customer care helpline: +254703 300 000
   2. Click here to visit the Escrow Kenya Facebook page.
   3. Escrow Kenya email: support@escrowkenya.com
   4. Click here to visit the Escrow Kenya Instagram page.
   5. Click here to visit the Escrow Kenya Twitter (X) page.
   6. Click here to visit the Escrow Kenya YouTube page.

 

 

TradeSure Kenya

1. 1. TradeSure is a safe and secure Escrow service for Kenyan users.
   2. TradeSure assures buyers of getting the right quality of goods ordered while guaranteeing sellers full payment after delivery.
   3. The service provides a secure and convenient environment for both parties in a transaction, even if they don’t know or trust each other.

 

 

 

 

How the TradeSure Kenya service works

1. 1. A TradeSure Kenya transaction is a simple straightforward operation between the buyer, seller/merchant, and Escrow Kenya (the neutral party).
   2. TradeSure transactions can be initiated by either the buyer or seller.
   3. You need to register a TradeSure Kenya account to access the service.
   4. Click here to register a TradeSure Kenya account.
   5. Login to your TradeSure Kenya account and initiate the transaction as a seller or buyer.
   6. Enter the agreed terms of the deal that may include:
      1. 1. Agreed price
         2. Mode of shipment or delivery
         3. Delivery fees
         4. The person paying delivery and Escrow fees
         5. Expected time of arrival of the shipment
   7. Proceed and deposit funds if you are a buyer.
   8. Escrow Kenya will then inform the seller of the payment and authorize the commencement of the delivery process.
   9. After the goods are delivered, inspect and authorize payment after you are satisfied with the quality and condition of the products.
   10. Upon your confirmation, Escrow Kenya promptly releases full payment to the seller to complete the transaction.

 

 

 

 

TradeSure Kenya payment methods

TradeSure Kenya supports the following payment options:

1. 1. Stanbic Bank
   2. M-PESA

 

 

TradeSure Kenya Contacts (+254 (0)20 2177999)

1. 1. TradeSure Kenya customer care helpline: +254 (0)20 2177999
      
   2. TradeSure Kenya email: info@tradesure.co.ke

 

 

TradeSure Kenya’s physical address

4th floor, The Westwood, Vale Close, off Ring Road, Nairobi Kenya.

 

 

SasaPay Kenya Escrow Service

1. 1. SasaPay is a mobile money e-wallet that offers the easiest way to make payments at affordable rates.
   2. SasaPay also integrates an Escrow service that allows buyers and sellers conduct transaction without fear of being shortchanged.
   3. The SasaPay Kenya Escrow service can be accessed through SasaPay’s official App.

 

 

 

 

SasaPay Kenya App Download

 

1. 1. Click here to download the SasaPay Kenya Android Mobile App.
   2. Click here to download the SasaPay Kenya iOS Mobile App.
   3. Click here to download the SasaPay Kenya Huawei Mobile App.

 

 

SasaPay Kenya payment methods

 

SasaPay Kenya supports the following payment options:

1. 1. Stanbic Bank
   2. M-PESA
   3. Airtel Money
   4. Vooma
   5. PesaLink
   6. Equity
   7. IBS Bank
   8. Taaj Money Transfer

 

 

Also read: 3 Best Restaurant Booking Apps in Kenya

 

 

SasaPay Kenya Contacts (+254 797 000 444)

1. 1. SasaPay Kenya customer care helpline: +254 797 000 444 or +254 797 000 333
   2. Click here to visit the SasaPay Kenya Facebook page.
   3. SasaPay Kenya email: care@sasapay.co.ke
   4. Click here to visit the SasaPay Kenya Instagram page.
   5. Click here to visit the SasaPay Kenya Twitter (X) page.
   6. Click here to visit the SasaPay Kenya LinkedIn page.