From a kitchen remodeling contract to an IT project, Payment Exchange's 5 Simple Step payment process can be used to provide protection for both Sellers and their Buyers.
Buyers fund the full contract amount upfront and Sellers receive their milestone payments once each phase of the project is complete. This way both parties can be assured individual project commitments and deadlines are met and payment for them is received.
The benefits of Milestone Escrow with us
Both Sellers and Buyers benefit from using Payment Exchange as a neutral third party to monitor and transact the exchange of payment and milestone.
Peace of mind for Sellers
Buyer sends the agreed upon payment in full to Payment Exchange before the phase/milestone is complete. Sellers have peace of mind knowing payment is secured behind the Payment Exchange shield before the job even begins.
Confidence for Buyers
Payment Exchange does not release payments to the Seller until each phase/milestone has been completed and approved by the Buyer. Buyers can be certain project commitments will be delivered as agreed upon before payment is released.