Escrowpay (Trustmore)

Escrowpay (Trustmore) is the digital escrow line of Trustmore, run by Trustmore Technologies (P) Limited from Gurugram, India, and part of Trustmore Group. It is also referred to as Escrowpay India.

Services

The platform accepts funds and pays them out according to the terms of a commercial deal. Its two listed services are digital escrow and collection with conditional disbursement. The company cooperates with banks, among them IndusInd Bank, and offers a fully digital process for opening and managing an escrow arrangement.

Onboarding

KYC is required. Depending on the service, clients may need to supply PAN or Aadhaar details, bank documents and the contractual documents that define the release conditions.

Markets and caveats

The service is aimed at the Indian market. The company notes that the financial regime depends on the specific product and jurisdiction, so the regulated entity, the partner bank and the account structure behind a given escrow should be confirmed before use. Fees, limits and settlement times are not listed.

Who it suits

Escrowpay fits businesses and counterparties in India that want a neutral digital account holding payment until contractual conditions are met, instead of paying in advance or relying on trust alone.