Overview
The MAOTO Marketplace Escrow Service ensures secure and fair payment transactions between Providers and Solvers. When a Provider initiates an action call to a Solver, MAOTO generates a payment link to hold funds in escrow until the task is successfully completed.How the Escrow Process Works
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Action Call & Payment Request
- When a Provider requests an action from a Solver, MAOTO generates a payment link.
- Currently, only Stripe payments are supported.
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Payment Authorization
- The payment link is sent to the Provider (or the Provider’s user).
- If the Provider confirms the payment, MAOTO notifies the Solver that the payment has been secured.
- The Solver can now begin executing the task.
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Task Completion & Fund Release
- Once the Solver completes the task, both the Provider and Solver must confirm the task’s completion.
- MAOTO then releases the escrowed funds to the Solver.
Key Benefits of the Escrow Service
- Ensures secure transactions – Funds are only released when both parties confirm task completion.
- Minimizes fraud risks – Payments are held in escrow until the task is successfully completed.
- Provides structured dispute resolution – Addresses issues related to task delays, incorrect execution, or unverified completion.
- Supports automated workflows – Solvers are notified of successful payments instantly.