Based on checking the website, Payshri.com positions itself as a secure escrow service designed to facilitate safe transactions between buyers and sellers, particularly for online deals where trust might be an issue.

It aims to bridge the gap in confidence by holding payments until the agreed-upon service or product is delivered and approved by the buyer.

This system is particularly beneficial for freelancers, small businesses, and individuals engaging in one-time deals, offering a layer of protection against scams and non-delivery, a common concern in the digital marketplace.

The platform emphasizes transparency, security, and a structured process to ensure both parties feel confident throughout the transaction.

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IMPORTANT: We have not personally tested this company’s services. This review is based solely on information provided by the company on their website. For independent, verified user experiences, please refer to trusted sources such as Trustpilot, Reddit, and BBB.org.

Table of Contents

The Core Problem Payshri.com Aims to Solve: Trust in Online Transactions

The internet has revolutionized commerce, but it’s also created a breeding ground for uncertainty, especially when dealing with unknown parties.

PayShri.com steps into this arena as an intermediary, aiming to mitigate the risks associated with online transactions. It’s not just about transferring money.

It’s about establishing a framework of trust where traditional methods often fall short.

The Pervasive Issue of Online Scams

Let’s be blunt: the internet is rife with charlatans. According to the Federal Trade Commission FTC, consumers reported losing nearly $8.8 billion to fraud in 2022, a significant portion of which originated from online transactions. This isn’t just about large-scale corporate fraud. it’s often the individual buyer or seller who gets burned by non-delivery, misrepresented goods, or outright scams. PayShri.com, by acting as a neutral third party, seeks to remove the direct financial risk for both parties, making it harder for fraudulent activities to succeed. It’s a proactive measure against the inherent anonymity and lack of accountability that can plague online dealings.

The “Work First, Pay Later” Dilemma for Freelancers

Freelancers often face a precarious balance: deliver the work and hope to get paid, or demand upfront payment and risk losing a client. This dilemma is a significant pain point in the gig economy. A 2023 survey by Upwork indicated that payment security is a top concern for 70% of freelancers. PayShri.com directly addresses this by ensuring the client’s payment is secured before the work even begins. This shifts the dynamic, providing freelancers with the assurance that their efforts won’t go unrewarded, while also giving clients peace of mind that their funds are held safely until they receive the agreed-upon service. It’s a smart hack for mitigating client-side payment defaults. Iostyler.com Reviews

Building Credibility for Small Businesses and New Sellers

For burgeoning small businesses or new sellers on platforms like WhatsApp and Facebook Marketplace, establishing trust can be an uphill battle.

Without a long track record or established brand name, customers are naturally hesitant to part with their money.

PayShri.com offers a ready-made solution by introducing a layer of credibility.

By directing buyers to pay through a trusted third-party escrow service, these businesses can signal professionalism and commitment to fair dealing.

It’s like having a virtual seal of approval, potentially increasing conversion rates for those who are just starting out. Paismo.com Reviews

The platform acts as a guarantor, instilling confidence in otherwise uncertain transactions.

How PayShri.com Operates: A Step-by-Step Breakdown

PayShri.com’s operational model is built around a five-step process, designed for simplicity and security.

It essentially functions as an escrow service, holding funds until specific conditions are met.

This structured approach aims to minimize ambiguity and ensure that both parties are clear on the transaction’s progression, a crucial element in preventing disputes.

It’s a classic escrow playbook, but tailored for everyday online interactions. Kitboon.com Reviews

Step 1: Listing Your Service or Product

The journey begins with the seller creating a “listing” for their product or service.

This isn’t a marketplace in itself, but rather a mechanism to define the terms of a specific deal.

The platform emphasizes that this can be done in “seconds,” suggesting a user-friendly interface for setting up the transaction details.

Key Information Captured:
- Description of the product/service
- Agreed-upon price
- Delivery timelines
- Any specific terms or conditions
Purpose: This initial step formalizes the agreement between buyer and seller, creating a clear record of what is expected and preventing “he-said, she-said” scenarios later. It sets the foundation for the escrow process.

Step 2: Sharing the Deal Link

Once the listing is created, PayShri.com generates a unique link.

The seller then shares this link directly with their counterparty the buyer. This direct sharing mechanism indicates that PayShri.com is not a discovery platform but rather a transaction facilitator for pre-existing agreements. Texthor.com Reviews

Mechanism: Direct communication between buyer and seller is key here, often through messaging apps, email, or social media.
Implication: This highlights PayShri.com’s role as a tool for individuals and small businesses to secure their specific deals, rather than a marketplace where new customers are found. It’s about empowering secure, private transactions.

Step 3: Client Funds the Escrow

This is the pivotal moment for security.

The buyer pays the agreed-upon amount to PayShri.com, not directly to the seller. PayShri.com then holds these funds securely.

This is where the escrow service truly comes into play, providing a critical buffer.

Payment Methods: The website mentions accepting UPI, credit cards, debit cards, and bank transfers through partnered payment gateways, indicating a broad range of options for buyers.
Security Assurance: The funds are “held until the service is delivered,” providing assurance to the buyer that their money is protected, and to the seller that payment is confirmed. This removes the risk of non-payment for the seller and non-delivery for the buyer.

Step 4: Seller Delivers the Product or Service

With the funds secured in escrow, the seller proceeds to deliver the product or service to the buyer as per the agreed-upon terms.

This step relies on the integrity of the seller to fulfill their end of the bargain, knowing that payment is imminent upon buyer approval. Memorio.com Reviews

Importance of Clear Terms: The success of this step heavily depends on the initial clarity of the deal terms. Any discrepancies here could lead to a dispute.
Tracking: PayShri.com claims to offer “deal tracking” initiated, funded, delivered, completed, which should provide both parties with visibility into the transaction’s progress.

Step 5: Payment Release After Client Confirmation

The final step, and arguably the most crucial for the seller, is the release of payment.

Once the buyer confirms satisfaction with the delivered product or service, PayShri.com releases the held funds directly to the seller.

Buyer Approval: The buyer’s confirmation is the trigger for payment release, giving them leverage to ensure quality and compliance.
Timeliness: The website states, “Payment was released quickly once the deal was completed,” implying an efficient payout process, which is critical for seller satisfaction. If the buyer is not satisfied, this is where the dispute resolution process would be initiated.

Target Audience: Who Benefits Most from PayShri.com?

PayShri.com isn’t a one-size-fits-all solution.

It’s specifically designed to cater to segments of the online economy where trust is paramount and traditional payment methods lack the necessary safeguards.

The platform highlights several key user groups that stand to gain significantly from its escrow service. Ieltspot.com Reviews

It’s clear they’ve identified specific pain points for these groups and built a solution around them.

Freelancers & Creators: Securing Hard-Earned Income

The freelance economy is booming, with reports from Statista indicating that over 59 million Americans performed freelance work in 2022. However, late payments and non-payment are persistent issues. PayShri.com directly tackles this by ensuring payment is secured upfront.

Perfect For:
- Graphic designers, UI/UX designers: For design projects where deliverables can be subjective.
- Content writers, copywriters, translators: Ensuring payment for intellectual property and services.
- Video editors, reel creators, motion artists: Protecting creative work from being used without compensation.
- Voice-over artists, podcast editors, etc.: Any service where the output is digital and can be delivered remotely.
Value Proposition: “Work first, pay later? Not anymore.” This bold statement underscores the platform’s commitment to empowering freelancers by shifting the financial risk from the service provider to the escrow system. It ensures that effort is directly tied to guaranteed compensation.

Small Businesses: Building Trust and Credibility

Small businesses, especially those operating primarily online or through social media, often struggle to gain customer trust without a physical storefront or extensive brand recognition.

PayShri.com offers a ready-made solution for this credibility gap.
* WhatsApp product sellers: Adding a layer of security for casual, direct sales.
* Facebook Marketplace vendors: Mitigating the risk of dealing with unknown buyers/sellers.
* Home-based clothing stores: Building confidence for online apparel sales.
* Boutique branding agencies: Securing project payments for smaller, custom-service businesses.

Value Proposition: “PayShri adds a layer of credibility.” For businesses that might not have the infrastructure for formal payment gateways or a strong brand reputation, using an escrow service signals seriousness and commitment to fair transactions, potentially converting hesitant customers.

Side Hustlers & Part-Time Earners: Peace of Mind for Flexible Work

The rise of the “side hustle” has created a new class of earners who often engage in less formal, one-off projects. Raindrop.com Reviews

For these individuals, securing payment can be particularly challenging as they may not have established contracts or business entities.
* Website developers for small projects: Securing payment for custom coding or website tweaks.
* Homemade Products sellers: Ensuring payment for unique, handcrafted items.
* Resume or SOP writers: Guaranteeing compensation for personalized document services.
* Handmade gift sellers: Protecting transactions for unique, often personalized, items.

Value Proposition: “The client pays, PayShri holds it safe, and you deliver with peace of mind. Your hustle, finally respected.” This emphasizes the psychological benefit of reduced stress and increased financial security for those balancing multiple income streams.

Individuals Handling One-Time Deals: Securing Unique Transactions

Beyond continuous service providers, PayShri.com also targets individuals who engage in infrequent, high-value, or unique transactions with strangers, where traditional payment methods might not offer sufficient protection.
* Domain name resellers: Securing transfers of valuable digital assets.
* Concert ticket resellers: Ensuring legitimate ticket transfer and payment.
* All kinds of product resellers: From electronics to collectibles, offering security for high-value items.

Value Proposition: “Worried about dealing with strangers? Add trust to one-time deals.” This addresses the inherent risk of trusting an unknown party with a significant sum of money or a valuable asset, providing a structured, secure path for these specific exchanges.

Security Features: How PayShri.com Protects Your Transactions

PayShri.com places significant emphasis on its security protocols, aiming to reassure users that their funds and personal data are protected.

The platform’s approach integrates various mechanisms to ensure that deals are not only secure but also fair, even when disputes arise.

100% Transparency: No Hidden Fees, Clear Terms

One of the first signs of a trustworthy financial service is transparency. Sked.com Reviews

PayShri.com asserts “100% Transparency” with a “Clear fee structure with no hidden charges.” This is critical because unexpected fees are a common point of contention and can erode user trust.

Mechanism: Users should be able to see exactly what they’re paying for before committing to a transaction. This includes the service fee charged by PayShri.com itself.
Benefit: This clarity empowers users to make informed decisions and prevents unpleasant surprises, which is crucial for building long-term user confidence, especially in financial dealings.

Buyer & Seller Protection: The Escrow Advantage

The core of PayShri.com’s security model is its escrow service, offering protection to both sides of the transaction.

Buyer Protection: “Our platform ensures that services are delivered before payment is released to the seller.” This means buyers are protected from paying for goods or services they never receive, or which don’t meet agreed-upon specifications. The money remains with PayShri.com until the buyer is satisfied.
Seller Assurance: “Payment is guaranteed once terms are met.” Sellers are assured that once they deliver and the buyer confirms, the funds are released. This eliminates the risk of non-payment or chargebacks after delivery. This dual protection is what makes an escrow service so valuable.

KYC Verification: Knowing Your Counterparty

“All users undergo KYC verification to ensure you’re dealing with legitimate parties.” Know Your Customer KYC processes are standard in regulated financial services to prevent fraud, money laundering, and other illicit activities.

Process: This typically involves verifying identity through official documents e.g., government ID, proof of address.
Impact: By mandating KYC, PayShri.com adds a significant layer of security, reducing the likelihood of anonymous scammers operating on the platform. It helps establish a baseline level of trust between transacting parties, even if they’ve never met before.

Deal Tracking: Real-Time Visibility

Transparency extends to the transaction’s lifecycle.

PayShri.com offers “Deal Tracking,” allowing users to monitor the status of their transaction. Debly.com Reviews

Statuses: The website mentions “initiated, funded, delivered, and completed.”
Benefit: This real-time visibility provides peace of mind, allowing both buyers and sellers to know exactly where their deal stands. It reduces anxiety and provides a clear audit trail, which can be invaluable if a dispute arises.

Dispute Resolution: Fair and Efficient Conflict Management

Even with the best intentions, disagreements can occur.

PayShri.com explicitly states, “Our expert team helps resolve any disagreements fairly and efficiently.” This is a crucial safety net for any escrow service.

Process: If a buyer is dissatisfied or a seller claims non-payment after delivery, either party can raise a dispute. The resolution team would likely review all evidence, communications, and terms of the deal.
Importance: A robust dispute resolution mechanism is vital. It assures users that if things go sideways, there’s a neutral third party committed to finding an equitable solution, rather than leaving them to navigate complex legal or interpersonal battles. This feature significantly enhances the platform’s reliability.

User Experience: Navigating PayShri.com

A secure platform is only as good as its usability.

PayShri.com appears to prioritize a straightforward and intuitive user experience, aiming to make complex financial interactions feel simple.

The emphasis on quick setup and clear communication suggests a design philosophy centered around minimizing friction for its users. Linkblink.com Reviews

Intuitive Interface and Quick Setup

The website prominently features claims like “Set up in 2 minutes” and “Create your first deal today,” indicating a streamlined onboarding and deal creation process.

A clean, uncluttered interface is implied, reducing the learning curve for new users.

Simplicity: The ability to “Create a simple listing for your product or service in seconds” points to an easy-to-use form or wizard for defining transaction terms.
Accessibility: The layout appears responsive and easy to navigate, which is crucial for users accessing the platform from various devices, from desktops to mobile phones. This directly impacts user adoption rates, as convoluted systems often lead to abandonment.

Clear Communication and Updates

User testimonials highlight “updates are clear and quick,” suggesting that PayShri.com provides timely notifications regarding transaction status, payment movements, and any actions required from the user.

Notification System: This likely includes email or in-app notifications for each stage of the deal e.g., deal initiated, payment funded, delivery confirmed, payment released.
Reduced Anxiety: Clear and rapid communication is a psychological relief for users involved in financial transactions, reducing the need for constant manual checking and alleviating concerns about funds being in limbo.

Customer Support Availability

The website advertises “24/7 Support” and “Always available,” indicating a commitment to continuous customer assistance.

This is a vital component for any online service, especially one handling financial transactions. Rssence.com Reviews

Support Channels: While not explicitly detailed on the homepage, this usually implies multiple channels like live chat, email, or a dedicated support portal.
Problem Resolution: Accessible support is crucial for addressing queries, technical issues, or guiding users through the dispute resolution process. It builds confidence that help is at hand if something goes wrong.

Feedback and Testimonials

PayShri.com showcases “Customer Success Stories” and real feedback, which serves as social proof.

Positive testimonials from diverse users gym membership seller, marketing manager, Facebook group admin, second-hand buyer suggest the platform is effective across various types of transactions.

Authenticity: The inclusion of names and specific roles or contexts e.g., “Cult Resale Facebook Group Admin” adds a layer of authenticity to these testimonials.
Credibility: This section attempts to reinforce the platform’s reliability and ease of use through the experiences of others, which can be a powerful tool for convincing new users.

Business Model and Fees: Understanding the Costs Involved

Any service that facilitates financial transactions has a business model, and for PayShri.com, this involves charging fees for its escrow service.

Understanding these fees and how they are structured is crucial for both buyers and sellers to assess the platform’s overall value proposition.

The website promotes “Low Fees” and “Transparent pricing,” aiming to position itself as an affordable and predictable solution. Ezetoolz.com Reviews

Fee Structure: Who Pays and How Much?

While the exact percentage or flat fee isn’t explicitly stated on the homepage text provided, the emphasis on “Transparent pricing” suggests that this information is readily available elsewhere on the site e.g., a dedicated pricing page or during deal creation.

Common Escrow Models: Typically, escrow services charge a percentage of the transaction value, a flat fee, or a combination. Sometimes, the fee is split between buyer and seller, or one party is designated to pay the entire amount. PayShri.com’s phrasing “Know exactly what you’re paying for” implies this calculation is clear upfront.
Value vs. Cost: The fee, whatever it is, represents the cost of security and peace of mind. For transactions where trust is low or the stakes are high, even a nominal fee can be a worthwhile investment to avoid potential fraud or loss.

Payment Gateways and Processing Fees

The mention of accepting payments via “UPI, credit cards, debit cards, bank transfers with our partnered payment gateways” indicates that PayShri.com leverages third-party payment processors. These processors typically charge their own fees.

Potential Impact on Users: While PayShri.com might have “Low Fees” for its escrow service, users should be aware that underlying payment gateway fees might also apply, or be absorbed into PayShri’s stated fee. Transparency here is key.
Compliance: Partnering with established payment gateways ensures compliance with financial regulations and robust security for payment processing, which is a significant advantage over direct bank transfers between unknown parties.

Value Proposition of the Fee

The fee charged by PayShri.com isn’t just for holding money.

It’s for providing a comprehensive service that includes:

Fraud Prevention: Mitigating the risk of scams for both buyers and sellers.
Dispute Resolution: Providing a neutral arbiter if things go wrong.
Transaction Tracking: Offering real-time updates and a clear audit trail.
KYC Verification: Adding a layer of trust by verifying user identities.
Convenience: Streamlining a potentially complex and risky transaction process into a simple, secure one.

The value of avoiding a scam, which can run into hundreds or thousands of dollars, often far outweighs the modest fee charged by an escrow service. Devyzz.com Reviews

Integration and Compatibility: Working with Your Existing Workflow

PayShri.com is presented as a tool that integrates into existing workflows, rather than requiring users to abandon their current communication channels or selling platforms.

This “share a link” model is a key aspect of its compatibility.

Shareable Deal Links

The core mechanism for initiating a deal is the “generated link” that sellers share with their counterparties.

This means PayShri.com doesn’t aim to replace existing marketplaces like Facebook Marketplace or WhatsApp groups, but rather to enhance them by providing a secure payment layer.

Flexibility: Users can continue to find buyers or sellers through their preferred social media, messaging apps, or direct networks.
No Platform Lock-in: There’s no need to migrate an entire audience or business operation to PayShri.com’s environment. It’s a plug-and-play security solution for specific transactions.

Broad User Base Compatibility

The examples of “Perfect For” users freelancers, small businesses, side hustlers, individuals demonstrate that PayShri.com is designed to be highly versatile. Errsole.com Reviews

It doesn’t require users to be tech-savvy or have a complex business setup.

Use Cases: From selling a domain name to delivering a graphic design project, the platform appears flexible enough to accommodate a wide variety of goods and services, as long as the terms can be clearly defined.
Scalability for Small Operators: For individuals and very small businesses, setting up a formal payment gateway or legal escrow can be prohibitive. PayShri.com offers a simpler, more accessible alternative.

Potential for API or Advanced Integrations Future Consideration

While the current model is link-based, the nature of a service like PayShri.com could potentially evolve to offer more advanced integrations.

APIs: For larger businesses or established online stores, an API Application Programming Interface could allow for seamless integration of PayShri.com’s escrow services directly into their websites or e-commerce platforms, automating the deal creation and tracking.
Plugin Ecosystem: Developing plugins for popular e-commerce platforms like WooCommerce or Shopify could further expand its reach, allowing businesses to offer escrow as a payment option directly at checkout.
Marketplace Integration: Partnering with existing smaller marketplaces that lack robust payment protection could also be a strategic direction. Currently, PayShri.com appears to be a standalone tool for private transactions, but its foundation could support broader integrations.

Potential Downsides and Considerations

While PayShri.com presents a compelling solution for secure online transactions, it’s important to consider potential limitations or areas where users should exercise caution.

No platform is without its nuances, and understanding these can help users maximize the benefits while mitigating risks.

Reliance on Buyer Approval for Payment Release

The escrow model inherently relies on the buyer’s confirmation for payment release. Ti-restro.com Reviews

While this is a key protection for the buyer, it can pose a risk for the seller if the buyer is unreasonably slow, difficult, or attempts to exploit the system.

Clear Terms: This highlights the absolute necessity of extremely clear and detailed terms in the initial deal listing. What constitutes “delivery” and “satisfaction” must be unambiguously defined.
Inspection Period: The website mentions that “Buyers then have an inspection period to approve the delivery.” The length of this period is crucial. if it’s too long, sellers could face delayed payments. If it’s too short, buyers might feel rushed. This period should be agreed upon by both parties upfront.
Potential for Abuse: While dispute resolution is available, a buyer could potentially delay approval or raise minor, unfounded disputes to gain leverage or extend free usage of a digital product. This is a risk inherent in any buyer-approval system.

Dispute Resolution Process: Efficiency and Fairness

While PayShri.com touts an “expert team helps resolve any disagreements fairly and efficiently,” the real-world efficacy of this process is paramount.

Subjectivity: Disputes often involve subjective interpretations of quality, service, or deliverables. The “fairness” of the resolution will depend on the team’s objectivity and ability to gather and assess evidence from both sides.
Timeline: The efficiency of dispute resolution is critical. Protracted disputes can tie up funds and resources for both parties. Users need to understand the typical timeline for resolution.
Evidence Submission: Users should be prepared to provide clear, documented evidence screenshots, communication logs, delivery proofs to support their claims in case of a dispute.

Fees and Value Proposition for Low-Value Transactions

While PayShri.com’s fees are marketed as “low,” even a small percentage or flat fee might be significant for very low-value transactions.

Cost-Benefit Analysis: For a transaction of, say, $5, a 5% fee $0.25 might seem negligible, but if there’s a minimum fee e.g., $1, it becomes a substantial portion of the transaction value. Users need to weigh the cost of the service against the perceived risk of the transaction.
Alternatives: For very low-value, high-trust transactions, direct payment methods e.g., UPI, PayPal Friends & Family for trusted parties might still be more cost-effective, though they lack the escrow protection. PayShri.com’s primary value lies in securing transactions where trust is inherently lower or stakes are higher.

Geographic Limitations and Currency Support

The website mentions “+ ₹0 Worth of Deals Secured,” indicating a primary focus on Indian Rupees INR and potentially operations primarily within India.

This implies potential limitations for international transactions.

Currency Conversion: If international transactions are supported, users need clarity on currency conversion rates and associated fees.
Jurisdiction: Legal and dispute resolution processes can become complicated across different countries. Users should confirm PayShri.com’s capabilities and limitations for cross-border deals if relevant.

Conclusion: A Promising Escrow Solution

PayShri.com appears to be a well-intentioned and functionally sound platform designed to address the critical need for trust in online transactions.

By adopting a standard escrow model, it provides a much-needed layer of security for freelancers, small businesses, and individuals who frequently engage in peer-to-peer deals.

Its emphasis on transparency, KYC verification, and dispute resolution are strong indicators of a commitment to user protection.

The direct link-sharing mechanism makes it a flexible tool that integrates into existing online interactions without forcing users into a new marketplace.

However, like any service, its ultimate efficacy hinges on consistent execution, particularly in efficient dispute resolution and transparent communication around fees and potential delays.

For anyone seeking to secure their online payments, whether as a buyer receiving goods or a seller delivering services, PayShri.com offers a compelling and structured approach to mitigate common risks, ultimately aiming to foster a safer and more confident digital economy.

It’s a smart move for anyone looking to de-risk their dealings on the internet.

Frequently Asked Questions

Is PayShri.com a legitimate website?

Yes, based on checking the website, PayShri.com appears to be a legitimate online escrow service that facilitates secure transactions between buyers and sellers by holding funds until a deal is completed to both parties’ satisfaction.

How does PayShri.com protect buyers?

PayShri.com protects buyers by holding their payment securely in escrow until the seller delivers the agreed-upon product or service and the buyer confirms satisfaction.

Funds are only released to the seller after this confirmation.

How does PayShri.com protect sellers?

PayShri.com protects sellers by ensuring that the buyer’s payment is secured by PayShri.com before the seller delivers the goods or services.

Once the buyer approves the delivery, payment is guaranteed to be released to the seller.

What types of deals can I use PayShri.com for?

PayShri.com can be used for a wide range of deals, including freelance services graphic design, writing, video editing, sales by small businesses online clothing stores, WhatsApp sellers, side hustles website development, handmade products, and one-time deals domain sales, concert tickets, product resales.

What payment methods does PayShri.com accept?

PayShri.com accepts various payment methods, including UPI, credit cards, debit cards, and bank transfers, through its partnered payment gateways.

Are there any fees for using PayShri.com?

Yes, PayShri.com charges fees for its service.

The website emphasizes “100% Transparency” and “Low Fees,” indicating that the fee structure is clear and upfront, though specific amounts are not detailed on the homepage.

How long does a typical deal take on PayShri.com?

The timeline for a PayShri.com deal varies, but most standard deals are stated to complete within 1-14 days.

This includes the seller’s delivery time and the buyer’s inspection period for approval.

What happens if there’s a dispute on PayShri.com?

If a dispute arises e.g., the buyer is dissatisfied or the seller claims non-payment, PayShri.com has a “Dispute Resolution” process.

Their expert team reviews the case, collects evidence, and works to find a fair solution for both parties.

Is my personal information safe with PayShri.com?

PayShri.com states it follows “the most stringent data security practices” and that “All data is encrypted, and our systems comply with industry standards for financial security,” suggesting a commitment to protecting personal information.

Does PayShri.com perform KYC verification?

Yes, PayShri.com conducts KYC Know Your Customer verification for all users to ensure that parties involved in transactions are legitimate, adding a layer of security against fraudulent activities.

Can I track the status of my deal on PayShri.com?

Yes, PayShri.com offers “Deal Tracking,” allowing users to monitor the status of their transaction through various stages: initiated, funded, delivered, and completed.

Is PayShri.com a marketplace for products and services?

No, based on the website’s description, PayShri.com is not a marketplace.

It is an escrow service designed to secure transactions for deals that users arrange independently e.g., through social media, direct messaging, by generating a unique shareable link.

How quickly is payment released to the seller?

Payment is released to the seller “quickly once the deal is completed” and the buyer confirms satisfaction with the delivered product or service. The exact speed can depend on banking processes.

Can I use PayShri.com for international transactions?

The provided homepage text primarily references Indian Rupees INR and Indian context e.g., UPI, “India’s Most Trusted Payment Gateway”, suggesting its primary focus might be domestic.

Users should verify international transaction support directly with PayShri.com.

What if I receive something different than expected?

If you receive goods or services that do not match the agreed terms, you can raise a dispute through your PayShri.com dashboard.

Their dispute resolution team will then review the case and work towards a fair outcome.

How do I start a deal on PayShri.com?

To start a deal on PayShri.com, a seller typically creates a simple listing for their product or service, defines the terms, and then shares the generated deal link with the buyer.

Is PayShri.com suitable for small, low-value transactions?

PayShri.com can be used for various transaction values.

While it offers security benefits, users should consider the platform’s fees in relation to very low-value transactions to ensure it remains cost-effective for their specific needs.

What kind of customer support does PayShri.com offer?

PayShri.com claims to offer “24/7 Support” and states that support is “Always available,” indicating a commitment to continuous customer assistance for any queries or issues.

Can home-based businesses use PayShri.com?

Yes, PayShri.com is explicitly listed as “Perfect For” home-based clothing stores and other small businesses, as it adds a layer of credibility and trust for customers who might hesitate to deal with a small or new team.

Who founded PayShri.com?

According to the website, PayShri.com was founded by Sahil Gangwani, who created the platform to “eliminate scams and restore trust” in online transactions.

Payshri.com Reviews