How it works
TechEscrow is built around one idea: the seller is paid only after the buyer has had a fair chance to test the part.
For buyers
- Find a part and start a chat. You can negotiate, or use Buy Now at the asking price. Both happen in a chat with the seller.
- Pick your courier. You choose between cheapest, fastest or best value, with insurance (required for items of ₹10,000 and above).
- Pay through the secure link. Your money is held by our licensed payment partner.
- Film the unboxing, then test. After delivery you have 48 hours. One-time extension of 24 hours if you need it.
- Confirm or report. Confirm Works releases the payment. If something is wrong, report it with your unboxing video and we review within 48 hours (up to 5 working days).
For sellers
- Verify once. PAN and a bank account in your own name.
- List with proof. A serial-number photo, a screenshot showing the part works, and a note with your username and the date.
- Pack and hand over. The courier collects from your door. Photograph the packed parcel first.
- Get paid. When the buyer confirms (or the 48 hours end without a problem), your payout is sent minus a 5% commission.
What it costs
- Buyers: a 3% Buyer Protection Fee, plus shipping and insurance.
- Sellers: a 5% commission, deducted from the payout.
- 18% GST applies to these two service fees only. Used parts are sold person-to-person.
Payments are held by our licensed payment partner. TechEscrow is not a bank or a regulated escrow agent.