Buying or selling 
goods or services?

Don’t Get Scammed or Lose Your Money... Use AgTransact, South Africa’s Trusted Agricultural Escrow Services Provider

What is ESCROW?

Escrow is the use of a third party capable of holding assets on behalf of two parties who are in the process of completing a transaction.

How to do an AgTransact

Step 1:

Sign up an account
Register a profile on Africa Farmers Network (AFN). Fill in your Legal Entity details and Account details
START

Step 2:

Create and agree on terms
AgTransact sends your transaction to the other party's email address. They create a AFN account and review the transaction you created. If happy, they accept the deal.

Step 3:

Buyer Deposits Funds
Once your terms have been accepted by the other party, the buyer deposits the funds in full with TradeSafe (Standard Bank has management oversight of the escrow account). TradeSafe will issue a signed letter of comfort to the seller.

Step 4:

Seller Starts Delivery
The seller can start delivery of the goods or services, knowing that the funds are safe with TradeSafe. Courier or tracking information can also be uploaded.

Step 5:

AgTransact releases payment
Once the buyer is happy with the goods or services, TradeSafe releases the funds to the seller using Standard Bank’s Host-2-Host technology.

Simple. Powerful. Reliable.

Farmers choose us because we are the only Farmer owned Farm management software available. 

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WHAT TO EXPECT FROM US

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Keep full control over your hosting with root access;

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Free scale-assist for when you need more resources;

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Get an expert's take during onboarding.

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Our Success Stories

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The benefits for your StartUp

Developing Websites

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Administrate Tasks

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Fast Growing

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