PAYLAX

PAYLAX is a German protected-payment platform for goods, services and deposits between private and commercial parties. The seller creates a payment link, the buyer pays in, and the funds are released after acceptance; the payment partner named in the terms is OPP.

Services

The listed services are escrow payment links and a marketplace API integration. The currency is EUR, and the payment methods listed are Visa, Mastercard, Klarna SOFORT and SEPA. Holding the buyer's money until delivery is accepted reduces the risk in transactions between parties who do not know each other, such as private sales or deposits.

Entity and markets

The legal entity is Continental Payment GmbH, and the markets are the European Economic Area and the United Kingdom. A user's residence or registration and bank account must be in a supported country, and a contract or invoice for the underlying deal may be required.

Before engaging

Fees, release timelines, dispute procedure and the regulatory status of the entity and its partner are not detailed in the profile. Marketplaces considering the API should ask who holds the funds, what happens if the buyer disputes delivery and how payouts to sellers are scheduled.