Overview

Secrow is an Australian-owned company offering a new payment system that helps increase cashflow for businesses and reduce disputes between vendors and customers.

Coming soon, Secrow's on-line system will be ideal not only for trade professions but it also has practical benefits in a wide range of other industries including primary industry where non-payment or disputes over payment for goods and services are common.

Secrow also has an added benefit of protecting consumers against paying for work that is not completed.

In essence, Secrow is a form of escrow in which the customer lodges payment for the goods and services into a transparent, fully independent audited trust fund. On completion of the contract, funds are released to the vendor/service provider.

Who'll Use Secrow?

Any customer who requires efficient supply of product or service whilst ensuring security of funds will use Secrow. This opportunity presents with any transaction where there exists a time gap between the agreement to purchase the product or service, and the completion of satisfactory supply.

Any supplier who currently carries credit risks on behalf of their customers. Suppliers will no longer have a need to turn away business due to payment concerns. Suppliers who utilise Secrow will no longer endure payment risks, can securely work on their business growth, and reduce their financial provisions costs associated to venture risk.