PayGuard

PayGuard will open online payments to the rest of the world. It will allow hundreds of millions of people and small merchants around the world who lack access to the right financial institutions and who are currently locked out from ecommerce to be able to accept payments online for the first time. The goal is to “bypass” the banking and credit card access requirement and to just simply allow people to process payments. It will take 1 minute to set up a PayGuard account and users can start accepting payments immediately. It’s that simple. How is it done? By integrating our payments gateway to the global networks used by international money transfer companies like Western Union. The final component is a specialized and automated form of escrow that will be used to process payments. This will help secure transactions and protect sellers from chargebacks. To summarize, imagine a hybrid of Western Union and PayPal where payments go through an escrow process; that is PayGuard.