Easy Wallet's escrow account allows platforms to hold funds on behalf of their merchants before automatically paying them.
Collection
Benefit from all Unified Account’s payment services from your escrow account:
Escrow
Keep the funds intended to your merchants in your escrow account:
Transfer
Control funds transfers between your escrow account and your merchants’ wallets:
Credit or debit your participants' wallets
Free instant transfers between wallets
Ensure a high level of compliance and traceability of operations
Your participants can have either a payment account or an e-money account.
Learn all about CentralPay escrow account
Intended for platforms carrying out third party payments (marketplaces, financial platforms, merchant networks, etc.), it enables you to collect and store your users' funds, then initiate transfers to third-party payment wallets.
None. These two accounts functions are identical. They are used to hold third party funds in an independent account. Traditionally, the term “escrow” is mainly used by banks, and “trust” by real estates.
Two types of flows are involved in the use of a CentralPay escrow account:
Collection, escrow, and transfer of third-party funds are strictly supervised by ACPR regulations (Banque de France). The escrow account agreement must contain several items of information, including:
Tell our sales teams about your project and your payment volumes.
We'll send you a feasibility analysis and an appropriate pricing proposal.
Our technicians will guide you through our API documentation to get your integration up and running quickly and smoothly.
CentralPay is an Electronic Money Institution authorized by the Banque de France through the French Prudential Supervision and Resolution Authority (CIB 17138).
