Does Payluk support my use case or business model?
Updated
Short answer
Yes. If your deal needs money held safely until a condition is met, Payluk can do it. The buyer pays into escrow, the seller delivers, and the funds are released once the buyer confirms or the agreed delivery window passes without a dispute. Individuals use it from the Payluk app, and businesses and marketplaces add it to their own product through the Payluk API and Checkout SDK.
Who uses Payluk
Payluk works for any legal transaction where one side has to deliver before the other side’s money moves. Common examples:
- Marketplaces and platforms that connect buyers with sellers or service providers
- E-commerce, social commerce and buying from someone you don’t know
- Freelance work, agencies and professional services
- Property deals such as rent, deposits and purchase payments
- Vehicles, gadgets and other high-value goods
- Staged projects, which can be paid in milestones
Holding funds until a condition is met
Holding funds is what Payluk does. Money paid into an escrow stays locked and can’t be spent by either party until it is released. It is released when the buyer confirms, or when your platform confirms through the API. If the buyer stays silent after the delivery window, the seller can claim the funds.
If the buyer and seller disagree, the escrow goes into a dispute and the funds stay locked until it is resolved.
What we don’t support
Payluk only supports lawful transactions. We do not process payments for illegal goods, services or activities, and accounts can be restricted if we detect misuse.