SurePay

In an online marketplace (ex. Facebook Groups or Carousell), a buyer can transact directly to the seller for the goods or services that it advertised. The buyer will pay the seller directly through bank or money transfer. The problem was a lot of sellers doesn’t deliver the item once they received the payment. A huge number of online marketplace are infected by scammers and fraud transactions because the identity of a user was not verified. Current solutions are done through face-to-face meet ups and payment exchanges once the items are confirmed. SurePay is an escrow web-mobile app that prevents fraud transactions online by holding the buyer’s payment and release it to the seller when the items are delivered. It acts like a middleman that regulates and secure the funds required for two parties involved in a given transaction.