PayON

DIGITAL ESCROW PAYMENTS

Our worldwide solution for fully digital financial transactions of high-value goods >10.000 $ via a secure Escrow account.

TOP CUSTOMER BENEFITS

ADDRESSING CHALLENGES!

UNIQUE SWISS ESCROW LAW PROTECTION IN CASE OF INSOLVENCY

Learn More

Benefit from unique and superior Swiss Escrow Law protection in case of insolvency. The money of an Escrow transaction is protected from the insolvency of the agent and the insolvency of the bank at which the Escrow account is housed [Art. 47 of the FINMA Banking Insolvency Ordinance].

COST ADVANTAGE VS. TRADITIONAL BANKS

Learn More

Avoid high transaction costs [For traditional Escrow accounts up to 8% of total transaction value].

E-COMMERCE TRANSACTIONS LARGER THAN 10.000 $

Learn More

Realize carefree money transfers worldwide larger than 10.000 $ [e.g. PayPal transactions are limited, making large single transaction impossible].

SPEED ADVANTAGE VS. BANKS

Learn More

Takes only minutes with our fully digital solution. The current bank process [Escrow] is significantly slower [approx. 2-6 weeks] and requires large amounts of paper forms.

SEAMLESS INTEGRATION

Learn More

Seamlessly integrate fully digital onboarding and contract signing processes into your negotiation and trade process.

PayON

OUR SOLUTION | PayON

PayON is our solution for fully digital transactions of high-value goods >10.000 $ via an Escrow Payment service. It enables customers to realize frictionless trade relations worldwide and reduce fraud. Compliant – Cost-effective – Fast.

It ensures a seamless experience end-to-end, covering functions like:

  • Customer Identification and verification
  • Qualified Electronic Signature (QES)
  • Video collaboration
  • Contract management
  • Tracking (Payment | Goods)
PayON_Solution
PayON

MAJOR BENEFITS

  • QUICK IDENTITY VERIFICATION [including background checks of buyer and seller, e.g. Know Your Customer | KYC, credit, and address checks]

  • RAPID PROCESSING COMPARED TO TRADITIONAL ESCROW PROCESSES [in only minutes vs. weeks]

  • COST-EFFECTIVE compared to traditional Escrow processes

  • USER-FRIENDLY [No physical presence needed. Excellent customer experience due to automated processes and collaboration via video stream]

  • FRAUD PREVENTION

  • COMPLIANT & REGULATORY CERTAINTY

  • UNIQUE SWISS INSOLVENCY PROTECTION & DATA SECURITY [Art. 47 of the FINMA Banking Insolvency Ordinance]

  • LEGALLY VALID ELECTRONIC SIGNING [equivalent to a handwritten signature thanks «Qualified  Electronic Signature» based on ZertES Swiss Signature Act]

  • ENHANCEMENT OF SALES & SIGNING PROCESS due to reduced complexity and fewer delays with client documentation requirements

  • ARCHIVING [Audio | video | image securely saved]

  • SEAMLESS INTEGRATION AS «WHITE-LABEL» INTO YOUR INFRASTRUCTURE [e.g. app, website, point of sale]

PayON

DISCOVER OUR PRODUCTS!

DISCOVER OUR PRODUCTS!

INTERESTED IN A PRODUCT DEMONSTRATION?

Impressum Terms Privacy
© 2023 Copyright ROCKON Digital Evolution AG