The Growing Problem of Trust in India’s Digital Economy

The Growing Problem of Trust in India’s Digital Economy

India’s digital economy is booming, with millions of people buying and selling products, services, and artwork online. Whether it’s freelancers working with clients, buyers purchasing items from social media, influencers collaborating with brands, or individuals making high-value deals on OLX, one issue remains constant—lack of trust in online transactions.

From non-payments to scams and fraudulent listings, trust issues prevent individuals and businesses from transacting confidently.

Freelancers & Agencies: Struggle with clients who delay or refuse payments after project completion.

Buyers on Social Media & OLX: Fear paying sellers who might never deliver the product.

Artists & Creators: Face fraud when selling digital or physical artwork online.

Influencers & Brand Deals: Experience disputes when brands refuse to pay after a campaign.

P2P Transactions: From rent deposits to pre-loved goods, sending money to an unknown person feels risky.

D2C & E-commerce Websites: Small online stores face trust issues as fake websites scam users, making customers skeptical about genuine brands.

To solve this, Trustopay, founded by Ankit Sharma (CEO), Utkarsh Mishra (COO), and Jainish Gupta (CTO), has built India’s first escrow-powered payment platform—ensuring that funds are only released when both parties fulfill their commitments.

The Birth of Trustopay: Why We Built It

"Every day, millions of transactions happen online where people don’t know whom to trust. We’ve personally faced scams, non-payment issues, and fake sellers. Trustopay is built for anyone making payments to an unknown party—so they never have to worry about fraud again."

— Ankit Sharma, Co-Founder & CEO, Trustopay

Today, Trustopay is a portfolio startup of the Build Accelerator and backed by prominent angel investors, creating a secure payment ecosystem for freelancers, businesses, and everyday buyers and sellers.

How Trustopay Works: Secure Transactions in 6 Simple Steps

Whether you’re a freelancer, buyer, seller, or business, Trustopay makes transactions safe, transparent, and fraud-free.

1️⃣ Create a Digital Contract – Both parties define terms (payment, timeline, deliverables).

2️⃣ Buyer Deposits Payment in Escrow – Funds are securely held by SEBI-registered trustees & RBI-licensed banks.

3️⃣ Seller Delivers the Work/Product – Freelancer completes work, seller ships the item, or service is provided.

4️⃣ Milestone-Based Payments (If Needed) – Payment is released in stages based on progress.

5️⃣ Secure Dispute Resolution – If something goes wrong, Trustopay’s experts resolve disputes fairly.

6️⃣ Final Payment Release – Once both parties confirm completion, payment is released.

Whether you’re hiring a freelancer, buying an Instagram product, or making a high-value deal on OLX, Trustopay eliminates fraud and guarantees a secure transaction.

Why Trustopay? Solving the Trust Deficit in Every Transaction

✅ 100% Payment Protection – No risk of non-payment for freelancers or non-delivery for buyers.

✅ Milestone-Based Payments – Protects both parties by releasing payments in stages.

✅ No More Fake Sellers & Scam Websites – Prevents fraud in online shopping & social media purchases.

✅ Transparent Digital Contracts – Avoids disputes by keeping clear agreements.

✅ SEBI-Registered Trustee & RBI-Licensed Bank Partnerships – Unmatched security.

✅ Fast Dispute Resolution – If issues arise, Trustopay ensures a fair settlement.

✅ Protects Freelancers, Agencies, Buyers, Artists, Influencers, and Small Businesses.

A Portfolio Startup of Build3 Accelerator & Backed by Angel Investors

Trustopay is recognized as a portfolio startup of the Build3 Accelerator and is backed by leading angel investors who believe in its mission to make every online transaction secure and trustworthy.

Our Vision: A Digital Economy Built on Trust

"Our mission is simple—whether you're a freelancer, online buyer, or small business, Trustopay ensures your money is safe until you receive what you paid for. We’re here to make online transactions 100% scam-free."

— Ankit Sharma, Co-Founder & CEO, Trustopay

Try Trustopay & Never Get Scammed Again!

Download the Trustopay App Now

???? Download Now - https://play.google.com/store/apps/details?id=com.trustopay.android&pcampaignid=web_share

???? Your Money is Secure. Your Transactions are Protected.

About Trustopay

Trustopay is India’s first escrow-powered payment platform, designed to prevent fraud in freelance work, online shopping, social media transactions, and P2P deals. A portfolio startup of Build3 Accelerator and backed by angel investors, Trustopay partners with SEBI-registered trustees and RBI-licensed banks to offer secure, transparent, and dispute-free transactions.

 

For More Details visit

www.trustopay.com