Luceed’s escrow platform is designed to make secure transactions simple, fast, and reliable for individuals and businesses.
What is Escrow?
Escrow is a secure way to transact where a neutral third party holds funds until both buyer and seller fulfil agreed conditions.
Escrow protects all parties in a transaction by ensuring money and assets are exchanged only when requirements are met. Instead of sending payment directly to the seller, funds are deposited into a secure escrow account and released only after delivery, inspection, or milestone completion.
Luceed acts as a trusted intermediary that reduces fraud, disputes, and uncertainty — especially in high-value or remote transactions.
Why Escrow Matters?
Modern transactions often involve unfamiliar parties, cross-border payments, and valuable assets. Escrow creates trust by:
- Preventing payment fraud
- Ensuring goods or services match expectations
- Protecting both buyers and sellers equally
- Providing a transparent transaction record
- Reducing disputes and chargebacks
Luceed’s escrow platform is designed to make secure transactions simple, fast, and reliable for individuals and businesses.
How Luceed Works
Action
Role
The buyer and seller agree on transaction terms, including price, delivery method, closing period and create the escrow transaction on Luceed.
The buyer deposits funds into Luceed’s secure escrow account. The seller is notified once funds are verified.
The seller delivers the product, transfers ownership, or completes the service according to the agreed terms.
The buyer confirms that the item or service meets the set disbursement preconditions. If approved, Luceed releases the funds to the seller.
Once both parties are satisfied, the transaction is completed and securely recorded.
Benefits
Luceed offers powerful protection and advantages for both buyers and sellers.
BUYERS
- Funds are held securely until delivery is confirmed
- Reduced risk of fraud or misrepresentation
- Inspection period before payment release
- Secure, traceable payment process
SELLERS
- Verified funds before delivery
- Protection from non-payment
- Clear transaction milestones
- Fast dispute resolution that ensures fairness
- Professional transaction handling
BUSINESSES
- Trust building with clients and partners
- Reduced financial risk
- Compliance and transaction transparency
- Secure handling of complex payments
- Close high-value transactions with confidence
Fees
Luceed offers transparent and competitive escrow pricing with no hidden charges.
How Fees Work
Luceed’s Standard Fee is calculated on a graduated scale, based on the transaction value (learn more).
What's Included?
- Secure fund custody with one of our partner banks
- Automated transaction flow
- Customer support
- Secure fund release
Parties may also opt in to our Concierge services for personalized, high-touch assistance to streamline transactions, acting as a dedicated agent to manage logistics, documentation, and secure transfers. Examples include specialized real estate transactions (probate, investor flips) or domain name transfers (learn more).
Fees for Concierge services (if required) are charged in addition to the Standard Fee, and vary depending on transaction type/complexity.
All fees are clearly displayed before a transaction begins, so all parties know exactly what to expect.
Get Started
Starting a secure transaction with Luceed is quick and simple.
- Create Account: Sign up in minutes and verify your identity to begin using Luceed’s escrow services.
- Set Up Transaction: Enter transaction details, agree on terms, and invite the other party to join.
- Secure Payment: Deposit funds and track your transaction in real time.
Luceed is built for individuals, businesses, freelancers, and organisations looking for a safer way to transact. Start your first escrow transaction today and trade with confidence.
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