LiquidTrust published a blog explaining how conditional payments and Micro Escrow can protect B2B transactions for SMBs working across borders.
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Publisher name
Public post
What if B2B buyers and suppliers could protect a transaction without relying on full prepayment or traditional trade finance? That is the idea behind conditional payment…
Company
LiquidTrust
Safer, simpler global payment solutions for modern businesses and their financial institutions
- Industry
- Financial Services
- Location
- Los Angeles, US
- Company size
- 2–10 employees
About LiquidTrust
43% of US SMBs make global payments but 75% are unsatisfied with their current options. LiquidTrust is an innovative global pay solution tailored for the needs of small- and medium-sized businesses that also safeguards their transactions from fraud and loss. We offer 2 global payment methods: 1) Direct Pay - Fast global payments to 175 countries within 1-2 days. Safer than traditional wires, with counterparty verification for enhanced security. 2) Pay by Trust ("micro-escrows") - Escrow-like protection against fraud and loss. Offers peace of mind without complexity and high costs of traditional escrows. Of the $6.9T US import/export payment volume, 2/3 goes unprotected because current payment protection products like letters of credit are too complex and expensive. 9 out of 10 SMB owners constantly worry about fraud and loss because non-payment or non-delivery would be devastating to business survival. We partner with banks to make our self-serve, white-label solution available to their current and potential customers and capture the $9B+ revenue opportunity and related deposits. LiquidTrust builds on the foundation established by Liquid (est. 2019), evolving to meet new opportunities.
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