Yay
Curated by SignalEscrow payment platform ensuring secure transactions between buyers and sellers.
Overview
Yay offers escrow payment solutions aimed at increasing the security and trustworthiness of transactions between buyers and sellers. The company acts as an intermediary, holding funds in escrow until all predefined conditions of a transaction are satisfied, which helps to reduce risks associated with online exchanges. Yay utilizes technology such as blockchain for secure record-keeping and smart contracts for the automated verification of transaction conditions. The platform is targeted at individuals participating in online marketplaces, real estate, and high-value trades. Yay's payment platform features minimal fees, protection for upfront payments, and flexible payment options. This model seeks to address issues related to fraud and transaction disputes, contributing to a safer environment for all parties involved.
Key facts
- Founded
- 2018
- Headquarters
- Puchong, Malaysia
- Stage
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- Industry
- Financial Technology
- Sector
- Payments
Business model
- GTM channel
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- 6 products and services
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- Commercial model
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