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VaultPe

Transacting with strangers online has never been more secure and seamless

Transacting with strangers online has never been more secure and seamless

VaultPe

by VaultPe
VaultPe
VaultPe
VaultPe

What is it about?

Transacting with strangers online has never been more secure and seamless. With VaultPe app, you can now buy and sell with anyone, anywhere with zero risk. Keep your payment in a safe and secure Vault which is released to the seller only when all the terms of transaction are fulfilled

VaultPe

App Details

Version
1.0
Rating
(11)
Size
39Mb
Genre
Finance
Last updated
June 11, 2021
Release date
June 11, 2021
More info

App Screenshots

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App Store Description

Transacting with strangers online has never been more secure and seamless. With VaultPe app, you can now buy and sell with anyone, anywhere with zero risk. Keep your payment in a safe and secure Vault which is released to the seller only when all the terms of transaction are fulfilled

* Secure and easy online escrow process
* Dispute resolution based on facts and evidences from both parties
* Money is deposited in a RBI regulated nodal account
* Instant notifications and real-time updates

One of the most important elements of any successful transaction is confidence and peace of mind between the people involved. In the online marketplace, obtaining this is not always easy - VaultPe now bridges this gap. Instead of paying the seller directly, lock your payment in a digital safe which will be released only when the terms and conditions are fulfilled, giving you full control of the transaction

Now, part with your money or product only when all the terms of the transaction have been fulfilled. VaultPe is a mobile tool used by the buyer and seller for protection during any unknown commercial transaction. The online service verifies and holds the buyer’s money until the seller makes the promised delivery. At the point of delivery, the Buyer is required to accept or reject the item within the inspection period. On accepting the Vault, the funds are transferred to the Seller. If the Buyer returns the goods, the funds are refunded to the Buyer post the return being approved by the Seller
Through VaultPe, the seller is comforted and assured that the buyer has a genuine intent to pay for the goods or services, since the funds are locked in a Vault before delivery of the goods and services. It also helps improve your credibility as a seller since the buyer is assured of your willingness to allow an inspection of goods before the funds are released

When And Where To Use VaultPe?

Fell in love with a vintage watch from eBay? Or found the perfect couch for your adorable new home on a second-hand marketplace like OLX? Like a particular sneaker being sold by a Reseller on Instagram? But you are scared of the Seller being a fraud and you being scammed? Now transact with strangers, without worry! #VaultPeProtects!
Create a safe Vault with the Seller, add the money into the Vault and be rest assured that your money will be released to the Seller only when your product is delivered and you are satisfied
Perfect for buying from listing sites such as OLX or Quikr, individual Sellers on Instagram/Facebook/WhatsApp and marketplaces like eBay

Pricing

VaultPe charges a small amount of 2% as escrow charges of the deposited amount. The Seller will be remitted the deposited amount minus the VaultPe fee. We promise, there are no other hidden charges

What Happens In Case A Seller Disputes An Item Returned By The Buyer?
Chances of that happening are almost Zero but we understand that it may happen in some cases. In such an event, the VaultPe Dispute Managers will mediate and ensure a resolution is reached. The buyer and seller are required to reach a mutual agreement for a dispute to be resolved

Trust VaultPe Security

With VaultPe, you transact with KYC verified users only so you know the other party is genuine. Bank Account details at registration are collected only to receive money when transacting as a Seller. When depositing money into a Vault, the checkout completion steps redirect the app user to a secured session of the payment gateway where the user is prompted to provide a payment option to secure funds. Customer Payment or Banking data is not stored on the VaultPe server or passed through VaultPe. User data is encrypted in accordance with guidelines and transmitted to the customer bank to authorize account credit. VaultPe will help keep your information secure, with the highest level of commercially available encryption, and state-of-the-art fraud-prevention. All that plus expert staff to monitor transactions, 24x7

Disclaimer:
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