Abbain Escrow
Abbain utilizes artificial intelligence to advance a more trustworthy marketplace, providing secure and safer escrowed transaction system, powered by Abba App, designed to serve over 800 million African buyers with a monthly purchasing power of over $900 billion, as well as more than 500 million sellers from across Africa and the world.
To achieve its vision, Abbain employs a highly secure payment protection system that safeguards transactions made through the Abbain platform. This system ensures that both sellers and buyers are protected, guaranteeing that sellers receive their payments and buyers get value for their money and are fully satisfied.
When a buyer makes a payment for goods or services on Abbain, the funds are held in the Abbain Escrow Account. The seller can see that the payment has been made, but cannot access the funds. Only after confirming this payment does the seller proceed to ship and deliver the goods to the buyer. Once the buyer receives the goods or services, they must confirm receipt. Upon this confirmation, the Abbain Escrow Wallet releases the funds to the seller.
Abbain Escrow ensures that sellers and service providers receive the payments they are due and that buyers receive their purchased goods in good condition and are satisfied with the services provided. Ensuring the satisfaction of all parties involved is a top priority in every transaction on Abbain.