Safer Buying and Selling For Everyone
Sick of feeling uneasy when buying or selling items over the internet?
IPromise simplifies buying and selling goods by offering a secure escrow solution that protects both buyers and sellers from payment scams. With IPromise, transactions are safe, transparent, and hassle-free, ensuring trust in every trade.
IPromise can be used to buy or sell anything.
IPromise can be used to buy or sell anything, but is frequently used for:
Vehicles
Jewellery
Furniture
Facebook Marketplace
TradeMe Sales
Hear from others – don’t take our word for it!
Selling my caravan was a breeze, only a few minutes to register and send the quote – so easy. It made the exchange secure for me and the buyer.
I’ve always been uneasy about paying people prior to receiving the goods. IPromise took all the angst out of our recent caravan purchase. The seller knew I had the money and my money was protected until I received and inspected it.
Buyers pay when a price is AGREED.
Payment is only released when both parties agree the sale is complete.
Whether the items are being sold on Trade Me, Facebook Marketplace or via an e-commerce website, you can use IPromise to securely manage the transaction and payment. IPromise is independent of any selling platform and our purpose is to provide transaction security. You know the buyer has the money, and the buyer knows their payment is protected. It’s a win-win.
Easy Transaction security
We’re here to make buying and selling simple and secure. Agreeing the price and accepting the exchange has taken place are the only tasks you need to worry about.
Paid into a BNZ Trust Account
Once the price is agreed, the purchase amount is transferred by the buyer via IPromise into the secure IPromise BNZ Trust Account where it is held. The seller can send the item knowing the buyer has the money for the item. Payment is released by the buyer when they receive the item.
NO HIDDEN FEES OR COSTS
Yes, you read that right – $10 one-off cost per sale, paid by the seller.
Your Trades, Protected
Simple and Secure
Debit and Credit Card Friendly
Fair and Equitable
Instant Chat
FAQs
Escrow is a financial arrangement where a third party holds funds required for two parties involved in a given transaction. The buying and selling of houses through a lawyer (conveyancing) is the most common known form of escrow. Escrow is not a new concept in fact its early beginnings can be traced to the 1590’s. Its extremely safe and fair to both sides of the transaction. IPromise has made escrow accessible to anyone due to its clever technology. See our blog for more information on escrow.
- Log into your IPromise account.
- Click the menu icon (top right) and select Account.
- Enter all your account details that are required*. You only need to do this once.
- Save the page and go back to your dashboard.
- Click on Build a Quote button to create a professional, itemised quote.
- Add your client details, project description, quote amount and add photos, documents, and files to make your quote comprehensive.
- Click Save and Send to email the quote to your client.
- Your quote can be edited after you have sent it if your client wants something changed, or if you missed something.
- You can also add another project stage, or variation once you have saved the first quote for a project.
Watch the video here
If you require finance to pay for work you need completed (like a house renovation / professional services) or if you are buying an item (like a car / electronics), you can apply for finance from our finance partner – Finance Now. See here for more info.
Yes, you can pay for quotes from Suppliers/Sellers who are using IPromise with your NZ Credit or Debit Card, up to a limit of $10,000.
Yes. IPromise is a fair and secure payment method for online buying and selling. IPromise takes care of payment stress by securing the buyer’s payment before the item is sent. It is only released to the seller when the item arrives. Use IPromise to avoid payment scams and protect both parties.
Payment should be released immediately by the buyer when they are in receipt of the item(s) and have inspected them. Respectfully contact the buyer and ask them to please release the payment. They could have simply forgotten or they may have misplaced the email. Remember both parties rate each other, so efficient and timely actions are key to the success of the system and everyone’s transacting profile.
NB: The amount in the IPromise BNZ Trust Account (escrow account) is not to be used by the buyer as a warranty period or product insurance. Buyers unreasonably and/or regularly withholding payment release may be prohibited from using IPromise for future trades.
Firstly, do not accept that the transaction is ‘Completed’. Never release the payment to the seller (via the IPromise app) until you are 100% satisfied the item(s) you purchased arrived as you expected and quoted. Contact the seller immediately and tell them why you are not accepting the item(s). Take photos and record what is not meeting your expectations. You need to pay and arrange a safe transfer back to the seller, take a photo of proof of return to the seller and the condition the item(s) were in. Follow the refunds / disputes process and ultimately request a refund via the IPromise refund authorisation form. Open, honest and fair communication is essential throughout the process by both parties.
No, only send or hand over the agreed item(s) once the quote has been secured with payment into IPromise’s BNZ Trust Account (escrow account).
No, absolutely not. It is important to firstly agree on a price with one buyer and then send one quote per transaction. If you want the buyer to decide quickly, we recommend putting a very short expiry date on the quote e.g. one day. That way if the buyer doesn’t secure the quote before it expires, you can send a new quote to another buyer.
N.B.: You can quickly edit the expired quote and send it to another buyer to save you time.
It costs the Seller a flat fee of $10 on all transactions. There is no cost to the Buyer. There is currently no sign up fee to IPromise if you are buying or selling items. No commission is taken on NZ Bank Account to NZ Bank Account transactions. A small processing fee is charged for credit card payments. This processing fee is paid for by the card holder.
Yes it does. Buyers can offer IPromise’s secure fair and secure payment service for any item. e.g. vehicles, boats, sporting equipment, building materials, antiques, art, electronics, jewellery etc.
