Acyclic Pay is the simplest way to add escrow payments to your website, marketplace, classified site, shopping cart, mobile app or marketplace with no chargebacks.
The most advanced mobile payment system is integrated and ready to use. Start charging your customers using UPI today and reduce the long on-boarding process. Fastest peer-to-peer payment system built on secure banking network.
Smart Contract Support
Smart Contracts in place record every transaction for easier audit and tracebility of funds for your organisation and customers secured with encrypted data. All data is tamper proof due to the presence of blockchain and securely uploaded on the distributed database.
Reduce the scope of your PCI-DSS risk and increase your payments security. Every escrow payment is now authorised by the user from his comfort of mobile apps. No banking details is ever recorded in the transactions.
Due to template facilities, you can setup and get going in minutes. If it's custom contract, our excellent support team can help you set up a new template within the hour and off you're on your business as usual.
No third party
There's no 3rd party interaction required here. All contract details remain between the buyer and seller. Smart contract data is encrypted so that none else can find out about the transaction details data.
Where can you use:
Monthly payments or EMIMaking deposits into an escrow account with each monthly payment, helping to smooth out large annual expenses.
Renters and landlordsEscrow accounts can be helpful for protecting the interests of renters and settling disputes.
Buying goods and servicesEscrow is an option for almost any transaction where buyers and sellers want a “referee” to oversee payment.
Have a custom integration in mind? Get in touch with us and we would be glad to help you out.