PayEscrow – Online Payment Processing Service

Description

PayEscrow – Online Payment Processing & Escrow Service

PayEscrow is a secure online payment processing platform with built-in escrow protection that ensures safe transactions between buyers and sellers. Designed for freelance marketplaces, e-commerce platforms, peer-to-peer payments, and service providers, PayEscrow helps reduce disputes, increase trust, and streamline payment settlements. Distributed by wpshop.net under the GPL license, this solution includes lifetime free updates and limited email support.

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🚀 Feature Highlights

• 🔒 Secure Escrow Payments – Funds are held safely in escrow until transaction completion.
• 💳 Multiple Payment Gateways – Supports Stripe, PayPal, Paystack, Razorpay, Flutterwave, and more.
• 👥 Buyer & Seller Dashboards – Separate intuitive dashboards for managing orders and funds.
• ⚖️ Dispute Management – Integrated dispute resolution tools for fair and transparent handling.
• 💼 Business & Personal Accounts – Supports individual freelancers, businesses, and teams.
• 📧 Email & SMS Notifications – Instant alerts for deposits, approvals, releases, and refunds.
• 💰 Flexible Commission Settings – Admin can set percentage-based or flat-rate fees.
• 📊 Detailed Transaction History – Comprehensive ledger for both users and administrators.
• 🌍 Multi-Currency Support – Accept payments from worldwide customers seamlessly.
• ♻️ Lifetime Free Updates – Ongoing feature upgrades at no extra cost.

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📖 Detailed Overview

PayEscrow offers an end-to-end payment processing system with escrow protection to guarantee that funds are only released when both parties are satisfied. This approach helps minimize fraud and disputes while improving customer confidence in online transactions.

Ideal for freelance marketplaces, online services, digital product sellers, e-commerce stores, and peer-to-peer transactions, PayEscrow provides an easy-to-use interface, secure integrations, and transparent reporting. Its multi-currency support and compatibility with popular payment gateways make it highly versatile for global businesses.

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📊 PayEscrow vs Traditional Payment Processors

Feature	PayEscrow	Traditional Gateways
Escrow Protection	✅ Built-in escrow holding system	❌ Not included
Dispute Resolution	✅ Integrated dispute dashboard	❌ Requires third-party or manual process
Multi-Currency Support	✅ Accepts global payments	✅ Limited support on some platforms
Admin Commission Control	✅ Flat-rate or percentage-based fees	❌ Restricted or not customizable
Notifications	✅ Email & SMS notifications included	✅ Available but often requires add-ons
Buyer & Seller Dashboards	✅ Separate dashboards for clear roles	❌ Generic interface for all users
Lifetime Updates	✅ Free via GPL license	❌ Paid premium updates

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⚙️ Installation Guide

1. Download the PayEscrow package from wpshop.net and unzip it.
2. Upload all files to your web server’s public_html or designated project folder.
3. Set up a new MySQL database and update the .env file with the correct database credentials.
4. Run composer install (if Laravel-based) to install all dependencies.
5. Execute php artisan migrate --seed to create tables and seed default settings.
6. Configure payment gateways (Stripe, PayPal, Paystack, etc.) via the admin dashboard.
7. Set up SMTP for email notifications and optional SMS provider credentials.
8. Customize site name, branding, and logo in the admin panel.
9. Test buyer and seller flows to ensure escrow holding, release, and refund work as expected.
10. Launch the platform for live transactions and start processing secure escrow payments.

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📜 Licensing Information

The PayEscrow software is distributed by wpshop.net under the GPL (General Public License). Your purchase includes:

• ✅ Lifetime Free Updates – Receive continuous enhancements, fixes, and new features for free.
• ✅ Limited Email Support – Assistance with installation, configuration, and initial troubleshooting.
• ✅ Open-Source Code – Fully customizable for branding and feature extensions.

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❓ FAQs

Q1: How does PayEscrow protect transactions?

PayEscrow securely holds funds in escrow until the buyer confirms the product or service has been delivered as agreed.

Q2: Which payment gateways are supported?

PayEscrow supports Stripe, PayPal, Paystack, Razorpay, Flutterwave, and other popular payment processors.

Q3: Can I set my own commission rates?

Yes. Admins can configure either flat-rate fees or percentage-based commissions per transaction.

Q4: Is the system secure for handling large transactions?

Absolutely. PayEscrow uses SSL encryption, secure APIs, and escrow protocols to ensure data and funds remain safe.

Q5: Does PayEscrow support multi-currency payments?

Yes. It supports payments in multiple currencies to enable cross-border transactions.

Q6: Are updates and support free?

Yes. With your GPL license, you get lifetime free updates and limited email support from wpshop.net.

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🌟 Why Choose PayEscrow?

PayEscrow provides a trustworthy and transparent payment solution that helps businesses build credibility with customers by ensuring funds are secure until both parties are satisfied. With multi-currency support, flexible commissions, buyer-seller dashboards, and escrow protection, it’s the ideal payment processor for high-value or service-based online transactions.

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⚡ Start Processing Secure Payments Today!

Protect your customers and reduce payment disputes with escrow-backed transactions. Download PayEscrow now and launch a reliable online payment processing platform with escrow protection!