First off, using TradeyPay ensures that the customer has the money to pay you for the project as agreed. It's allocated to you in a secure, regulated account. Straightway any uncertainty around funds or ability to pay is removed from the job for you.
On top of that both parties need to verify their details in line with applicable Know Your Customer (KYC) / Anti-Money Laundering (AML) regulations - ensuring that the identity of your customer is verified by a trusted third party.
Finally, once the customer lodges funds, they can only be released to you as the payee - subject to you completing the job as agreed of course. So, where you deliver a quality job on the agreed terms, this money will be released to you as promised. In the event of a dispute there is an independent 3rd party mediation service - see disputes section below.
The TradeyPay Escrow service is powered by Trustshare UAB, a company registered in Lithuania with the registration code 305668309, whose registered office is at Zalgirio g. 90-100, LT-09303 Vilnius, Lithuania. Trusthare are registered with the Bank of Lithuania as EMD agent with authorisation code LB001994. Trustshare is also a licensed eMoney provider in the UK registered with the Financial Conduct Authority (FCA) with reference number 902866.