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Beacon Trusteeship set to launch digital retail escrow platform for P2P transactions

By Economic Times - 5 months ago
Mumbai-based Beacon Trusteeship is launching BeaconTxn, a digital retail escrow platform, to address secure retail P2P transactions. The platform aims to ensure balanced delivery and payment in sectors like social commerce and rent payments. With Beacon Trusteeship's expertise in high-volume escrow services, BeaconTxn provides a secure and hassle-free solution for retail transactions. Currently handling monthly escrow services worth Rs. 2,773 crore, Beacon Trusteeship will expand its services with BeaconTxn to boost confidence and create a level playing field for all parties involved.

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