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Starting a transaction

tip

Before you start a AssetEscrowLimited transaction, make sure you have contacted your seller and verbally agreed on the terms of the purchase. Remember, always engage with strangers on the Internet with caution. Click here to learn more about safety

start txn

1. Choose your role in the transaction.​

  • You can be a buyer or seller.
  • The money flows from the buyer to the seller
  • The product / service flows from the seller to the buyer

2. Choose a transaction type​

  • Categorize the transaction into a product / service

3. Enter the name of the product / service​

  • Clearly describe the product / service to prevent confusion

4. Enter the agreed price​

  • Contact your seller and confirm the sale price

5. Enter your transaction partner's MPESA number.​

  • We provide an autocomplete feature to help you find people easily
  • If the other party is not registered with AssetEscrowLimited, an invitation will be sent to them. Please communicate this in advance to ensure they can onboard and access your transaction

6. Choose an inspection period​

7. Add extra information about the transaction​

  • You can use this field to add extra details about the item / service you intend to purchase. A good way to use this field is copy-pasting details of the product for future reference.

8. Finish the transaction​

  • Once you have filled the form as recommended, click the Green button to create the transaction
  • An SMS and email notification will be sent to the other party notifying them of your intention to buy or sell.
  • If you are a buyer, the seller MUST accept the transaction before you can deposit funds into it.
  • If you are the seller, you MUST accept the transaction before the buyer can deposit funds into it.

Last updated on 6 December, 2023

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