PongoPay was founded to address the lack of trust and security in transactions for services. The company operates as a digital escrow service, where a customer's payment is held securely in a protected client account. Once the service provider completes the agreed-upon work and the customer approves it, PongoPay releases the funds. This model is designed to eliminate issues like non-payment for completed work or loss of deposits for incomplete services, thereby building trust and ensuring fairness for both parties involved in a transaction.

Founded in

United Kingdom