Escrow Payment Protection Launched

GoFindPart Launches Escrow Payment Protection for All Transactions

GoFindPart Team · Editorial

15 February 2026 · 2 min read

We are pleased to announce that every transaction on GoFindPart is now protected by our escrow payment system. This represents a fundamental commitment to trust and security on our platform.

How Escrow Works

When a buyer accepts an offer, payment is collected and held securely by our payment partner, Stripe. The funds are not released to the seller until the buyer confirms receipt of the correct part. This protects both parties: buyers know their money is safe until they have the part in hand, and sellers know the funds are committed and waiting.

Escrow payment flow showing how funds are held securely until delivery is confirmed — Escrow protection ensures both buyer and seller are covered

Key benefits: Buyers are protected against non-delivery. Sellers are guaranteed payment upon confirmed delivery. Disputes are handled fairly through our resolution process. All payments are processed securely via Stripe Connect.

Secure digital payment processing on laptop — Escrow ensures both buyer and seller are protected

The Escrow Timeline

Once a part is marked as delivered, the buyer has a confirmation window to inspect the part and confirm it matches the order. If everything is correct, funds are released to the seller. If there is an issue, the buyer can raise a dispute, and our team will review the case. After the confirmation window expires without action, funds are automatically released.

What This Means for Platform Fees

Digital security padlock concept — Every transaction is protected with bank-grade encryption and escrow

Our platform fee of 9.5% (minimum £0.50) covers the escrow service, payment processing, and buyer protection. There are no hidden charges. Sellers see the exact fee before they submit an offer, and buyers see the total cost including all fees before they accept.

Trade With Confidence

Every transaction on GoFindPart is protected by escrow payment security.

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Building Trust in B2B Marketplaces

Business handshake signifying a completed deal — Trust is the foundation of every marketplace transaction

Trust is the foundation of any marketplace. In B2B industrial parts, where individual transactions can involve significant sums and critical equipment, this trust must be backed by robust systems. Escrow payment protection is one of several measures we have implemented, alongside supplier verification, rating systems, and dispute resolution processes.