PayLax is an online escrow service that ensures maximum security for transactions between strangers. It offers both buyer and seller protection, ensuring that the seller does not receive the money until the buyer has received and verified the goods or service, and the buyer cannot withdraw the money without the seller’s consent. PayLax uses SSL/TLS encryption for secure transactions and provides insolvency-protected escrow accounts through a regulated banking partner. With servers located in Germany, PayLax supports deposits and withdrawals in the European Economic Area and Great Britain. Known for its customer satisfaction, PayLax is a reliable and secure choice for conducting online transactions.
- Year Founded: PAYLAX was launched in 2015.
- CEO: The founders of PAYLAX are Thomas Niemann and Felix Hagspiel.
- Headquarters: PAYLAX is based in Stuttgart, Germany.
Why choose Paylax?
- Buyer Protection: The seller does not receive the money until the buyer has received and verified the goods or service.
- Seller Protection: The buyer cannot withdraw the money without the express consent of the seller.
- Secure Payments: It combines the escrow procedure known from lawyers and notaries with digital technologies.
- International Support: It supports deposits and withdrawals in the European Economic Area and Great Britain.
- Positive Feedback: It has received positive feedback from users, indicating that it provides a valuable service.