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 non-profit organizations or charities?

Yes, cross-border escrow services can be used for transactions involving non-profit organizations or charities. Castler Digital Identifier system provides a secure and reliable platform for such transactions. The system ensures that the funds are held in a secure account until the agreed-upon conditions are met, and the transaction is completed. This can be particularly useful for non-profit organizations or charities that may be dealing with large sums of money or donations from multiple sources. The escrow system can help to ensure that the funds are properly managed and distributed according to the intended purpose. Additionally, the use of an escrow system can help to build trust between the parties involved in the transaction, which can be especially important when dealing with cross-border transactions. Overall, the Castler Digital Identifier system can provide a valuable service for non-profit organizations or charities looking to manage their funds securely and efficiently.