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Paysho

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Escrow payment platform ensuring secure transactions for buyers and sellers.

Overview

Paysho is a fintech company that offers escrow payment solutions aimed at enhancing trust and security in transactions involving unknown parties in South Africa. The company acts as an intermediary, holding funds until all predefined transaction conditions are satisfied, which is intended to protect both buyers and sellers from potential scams. Paysho utilizes advanced technology, including blockchain for secure record-keeping and smart contracts for the automated verification of conditions. The platform targets individuals and businesses across various sectors, including jewelry, cars, web development, electronics, and rental deposits, addressing the need for secure transactions. The company's focus on fraud protection and service delivery positions it within the fintech sector.

Key facts

Founded
2017
Sector
Payments

Business model

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About Paysho

What does Paysho do?

Paysho is a fintech company that offers escrow payment solutions aimed at enhancing trust and security in transactions involving unknown parties in South Africa.

Where is Paysho headquartered?

Paysho is headquartered in East London, South Africa.

When was Paysho founded?

Paysho was founded in 2017.

Which sector is Paysho in?

Paysho operates in Payments, part of Financial Technology.

Who are Paysho's competitors?

Companies similar to Paysho include PayScrow, foongit, and AtaraPay.