Our Escrow service in plain language
Bola is client who wants to transport 5000 bags of rice from Kaduna to Lagos using Alhaji Umaru’s 40 tonne trailer. However, they don’t trust each other because of the large sums of money involved.
So, Bola won’t pay Alhaji unless he has finished delivering the bags of rice. Alhaji Umaru will not deliver the goods unless he has been paid
A Stalemate has occured
This is where Dandoko.com escrow service comes in.
We confirms to Alhaji that Bola has put the money into our escrow account .
Alhaji is satisfied and delivers the 5000 bags of rice to Bola’s agreed destination. Both Bola and Alhaji confirm to us that the goods has been delivered. We will then release the money to Alhaji within 24 hours of this confirmation.