Customer peace of mind
Take the uncertainty out of committing to even the biggest-ticket transactions with Assembly’s secure and compliant escrow functionality. As a neutral and trustworthy third party, Assembly collects, holds and then releases funds to the merchant only once the buyer confirms delivery.
Avoid regulatory headaches
Factor compliance out of the equation by allowing users to transact funds directly with each other. This means payments between users bypass your accounts, minimizing your compliance burden. Meanwhile, you retain full control of the workflow, fee structure and payout schedule.
Speed up integration times
Achieve the ideal workflow by taking advantage of Assembly’s intimate familiarity and experience in creating optimized escrow processes. With everything online, no traditional forms, and the ability to fully white-label the experience, it’s the easiest escrow solution available.
How it works
Once your customer and merchant agree to the exchange, a new transaction containing both parties names, email addresses, usernames, and the amount is created.
Buyer sends funds to escrow
Your customer makes payment while concurrently, your merchant is onboarded. Once the funds arrive in Assembly's trust account, both parties are notified to proceed with the physical exchange of goods or services offline.
Physical exchange of the asset
With the merchant assured that the payment is now held securely in escrow (by Assembly on your behalf) the merchant transfers the goods or delivers the service to their customer.
Funds released to merchant
Once the exchange is complete and the customer is satisfied, they are prompted to release the funds from escrow to the merchant. The escrow transaction is now considered complete.
Using Assembly's rich feature set, build your ideal workflow to maximize conversions while avoiding regulatory headaches.
Provide your business and users with simple, flexible and self managed refund capabilities – whether it’s a full, partial, still-in-escrow, or post-sale refund.
Deposits and top-ups
Enable your users to make upfront deposits or partial payments that are paid through immediately, or held in escrow until the final payment is made.
Easily set up staged payment schedules, allowing buyers to release payments incrementally over the course of a project as specific milestones are reached.
Configure complex transactions easily – from single or multiple buyers, merchants or brokers – to split payments and payouts in any combination you require.
Perform mass payments at any scale or volume using the Assembly API or by uploading your batch payment instructions as an XYZ file.
Allow merchants to immediately access funds disbursed to their bank account. Also known as ‘push to card,’ it spells the end for the customary overnight wait.
Schedule remittances to your merchants’ nominated payout methods at pre-arranged time intervals – daily, weekly, monthly or however frequently you would prefer.
Multi party payouts
Easily disburse funds to multiple parties with a single API call after each sales transaction or as a batch payout.
Assembly’s dashboard and flexible reporting tools let you quickly understand a range of platform insights like real-time earnings, transaction velocity and historical trends, with multi-format data export for in-depth accounting and analytics.Learn more