Introduction to LiquidTrust
Overview
LiquidTrust is a platform that helps businesses send and receive payments securely across borders.
The platform supports two payment types:
- Simple Pay — direct payments between businesses
- Protected Pay — payments held in escrow until both parties agree funds should be released
LiquidTrust also allows businesses to manage payment approvals, track transactions, and transfer funds to their bank accounts.
When You Would Use This
Businesses use LiquidTrust when they need to:
- Send payments to suppliers or partners
- Receive payments from customers
- Protect transactions with escrow
- Manage approvals within their organization
How It Works
A typical payment process looks like this:
- Create your account and verify your business
- Add a bank account as a payment method
- Invite a counterparty as a Business Contact
- Create a payment (Simple Pay or Protected Pay)
- Fund the payment via ACH or wire transfer
- Complete or release the payment
- Initiate a payout to transfer funds to your bank account