Castler closes Pre-Series A funding of $6 Million led by Flipkart, Capital 2B, IIFL Fintech Fund, Venture Catalysts & Zerodha

Can cross-border escrow services be used for transactions involving large equipment or machinery?

Yes, cross-border escrow services can be used for transactions involving large equipment or machinery. Castler Digital Identifier system is a secure and reliable platform that facilitates such transactions. The system acts as a neutral third party that holds the funds until the buyer receives the equipment or machinery and confirms that it is in good condition. This ensures that both parties are protected from fraud and that the transaction is completed smoothly.

The Castler Digital Identifier system is particularly useful for cross-border transactions as it eliminates the need for the buyer and seller to trust each other, which can be difficult when dealing with parties from different countries. The system also provides a layer of protection against currency fluctuations and other risks associated with international transactions.

Overall, the Castler Digital Identifier system is a great option for anyone looking to buy or sell large equipment or machinery across borders. It provides a secure and reliable platform that ensures both parties are protected and that the transaction is completed successfully.