Introducing Troverve Escrow: Safe Payments for Everyone
Company News

Introducing Troverve Escrow: Safe Payments for Everyone

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Sushant Pradhan

August 27, 2023 · 4 min read

Starting today, every purchase on Troverve is protected by Troverve Secure Escrow. Your money never goes directly to the seller until you confirm your item arrived as described.

Trust is the hardest problem in peer-to-peer commerce. Buyers worry their money will disappear. Sellers worry buyers won't pay. Escrow solves both problems by putting a trusted intermediary — Troverve — in the middle of every transaction.

How it works in 60 seconds

  1. Buyer swipes right and pays — funds go to Troverve's escrow account, not the seller.
  2. Seller is notified and ships the item.
  3. Buyer receives the item and has 48 hours to inspect it.
  4. Buyer taps 'Confirm Receipt' — funds are released to the seller instantly.
  5. If there's a problem, the buyer opens a dispute and Troverve investigates.

What this means for sellers

You ship with confidence knowing the funds are already held securely. If a buyer doesn't confirm within 48 hours of delivery, funds are automatically released to you. Seller protection covers lost packages and fraudulent disputes.

Troverve Secure Escrow is live for all new orders from today. Existing orders placed before this date follow the old payment flow.

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