quote_management

 Seller sends a quote

Seller sends a quote from CheckTender to the buyer

 

 

shake_vault

 

 Buyer accepts quote and secures the funds

The buyer will receive the quote as an email and if happy with the seller’s offer will secure the first milestone if requested into CheckVault

 

final_payment

 Seller delivers goods/service and requests release of the funds

The seller will then satisfied that the buyer has sufficient funds to pay will deliver the goods/service and then once complete, will request the buyer to release the funds

cash_up

Buyer releases funds when the goods/service has been delivered

Once the goods/service have been delivered as decided, the buyer will instruct CheckVault to release the funds to the seller