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The Ultimate Payment Gateway software for the complete management of financial institutions, merchants and individuals all from a central, highly secure web hosted environment.
iBankG's Closed-Loop Buyer/Supplier Payment System
One of the challenges facing eCommerce is that the seller
not always receives the monies due or that the buyer is
left with "holding the bag". This is a problem that often
arises in situations where it is not possible for the buyer
and seller to meet.

FreightPay Payment Guarantee solves this problem in
a simple and secure way. With FreightPay, the buyer
contacts the seller as soon as the desired goods have
been found. They then agree on price and any shipment
charges. The agreed amount is entered in the system
by the buyer, the seller validates the price and the buyer
makes the payment to FreightPay. When the seller
receives written confirmation that the payment has reached
FreightPay, the goods are dispatched to the buyer. Upon
confirmation from the buyer that the goods have been received and in agreed condition, FreightPay will release the payment to the seller. Both parties are satisfied,and no fraudulent activity has occurred.

Contact our FreightPay specialtist at freightpay@ibankg.com and have them show you the FreightPay Payment Guarantee advantages.