At Needzy, we prioritize the security of your online payments to ensure your transactions are safe and protected. Our payment processing system employs advanced encryption technologies and industry-standard security protocols to safeguard your personal and financial information. We use secure sockets layer (SSL) certificates to create a protected connection between your browser and our servers, preventing unauthorized access during transactions. Additionally, our payment gateways are rigorously tested and compliant with the highest security standards, including PCI-DSS (Payment Card Industry Data Security Standard). You can confidently make your payments knowing that your data is secure and your privacy is respected.

Needzy transactions act similar to an escrow account. An escrow account acts as a neutral holding place where funds or assets are securely held until the terms of an agreement are met. When a transaction is initiated, the buyer deposits the payment into the escrow account, where it remains until the seller fulfills their obligations, such as delivering goods or completing services. Once all conditions are satisfied, the escrow agent releases the funds to the seller. This process ensures that both parties are protected: the buyer’s money is safeguarded until they receive what they paid for, and the seller is assured payment once their part of the deal is complete. The escrow account helps to build trust and prevent fraud by managing and verifying the transaction securely.