What Is Masters Escrow?
Masters Escrow is a secure, PIN-based transaction service that protects both buyers and sellers in Pakistan. Whether you're hiring a developer, paying a contractor, or buying a product — escrow ensures your money is safe until the work is done.
Why You Need Escrow
Without Escrow (The Old Way)
| Risk for Buyers | Risk for Sellers |
|---|---|
| Pay upfront → seller disappears | Deliver work → buyer refuses to pay |
| Pay 50% → project never finishes | No guarantee of payment |
| No recourse if work is poor | Chasing clients for payment |
With Masters Escrow (The Safe Way)
| Buyer Benefits | Seller Benefits |
|---|---|
| Money held securely by Masters | Confident the money is there |
| Released only when work is done | No chasing for payment |
| Dispute resolution available | Professional trust signal |
How It Works — Step by Step
Step 1: Create a Deal
Either the buyer or seller creates an escrow deal with:
- Deal title and description
- Amount (in PKR)
- Deadline
- Payment method (JazzCash, EasyPaisa, bank transfer)
- 4-digit access PIN
The other party opens the deal link using the PIN.
Step 2: Buyer Deposits Payment
The buyer sends the agreed amount to Masters Pakistan via:
- JazzCash
- EasyPaisa
- Bank transfer
Upload the payment screenshot and transaction ID for verification.
Step 3: Admin Verifies Payment
Masters Pakistan's admin team verifies the payment within 24 hours. Once verified, the deal status changes to "Funds Secured."
Step 4: Seller Delivers Work
The seller delivers the agreed work, product, or service. They upload:
- Delivery files (if applicable)
- Delivery note describing what was delivered
Step 5: Buyer Confirms Delivery
The buyer reviews the delivered work and confirms satisfaction. If satisfied, they confirm delivery.
Step 6: Seller Provides Payout Details
The seller provides their payout details:
- JazzCash / EasyPaisa number
- Bank account number and title
- Bank name (for bank transfers)
Step 7: Admin Releases Payment
Masters Pakistan releases the payment to the seller, minus the 2% platform fee. The deal is marked as "Completed."
Escrow Fee Structure
| Deal Amount | Platform Fee (2%) | Seller Receives |
|---|---|---|
| Rs. 10,000 | Rs. 200 | Rs. 9,800 |
| Rs. 50,000 | Rs. 1,000 | Rs. 49,000 |
| Rs. 100,000 | Rs. 2,000 | Rs. 98,000 |
| Rs. 500,000 | Rs. 10,000 | Rs. 490,000 |
When to Use Escrow
| Transaction | Use Escrow? | Why |
|---|---|---|
| Hiring a developer (project > Rs. 50,000) | ✅ Yes | Large project, need protection |
| Hiring a contractor (construction) | ✅ Yes | High-value, milestone-based |
| Buying a digital product | ⚠️ Optional | Lower risk, but escrow adds safety |
| Hiring a tutor (monthly) | ❌ No | Ongoing, low monthly amount |
| Paying a doctor consultation | ❌ No | Low amount, immediate service |
| Legal fees | ✅ Yes | Large amount, need accountability |
| Home renovation | ✅ Yes | Large project, milestone payments |
Rule of thumb: Use escrow for any transaction over Rs. 10,000 where the work is delivered over time.
Milestone-Based Escrow for Large Projects
For projects over Rs. 100,000, break the payment into milestones:
| Milestone | Deliverable | Payment |
|---|---|---|
| Milestone 1 | Initial design/plan | 25% |
| Milestone 2 | First phase complete | 25% |
| Milestone 3 | Second phase complete | 25% |
| Milestone 4 | Final delivery | 25% |
Each milestone goes through the same escrow process: deposit → verify → deliver → confirm → release.
What If There's a Dispute?
If either party is unsatisfied:
- Report the issue through the deal page
- Provide evidence — messages, screenshots, deliverables
- Masters Pakistan reviews the case
- Resolution — payment released to the rightful party
Common dispute scenarios and resolutions:
| Scenario | Likely Resolution |
|---|---|
| Seller delivered, buyer won't confirm | Admin reviews deliverables → releases payment |
| Seller didn't deliver | Admin refunds the buyer |
| Work quality dispute | Admin reviews scope of work → partial release or refund |
| Both parties agree to cancel | Funds returned to buyer (minus any admin fees) |
Pro Tips for Safe Escrow Transactions
For Buyers
- ✅ Get a detailed scope of work in writing before creating the deal
- ✅ Use milestone-based payments for large projects
- ✅ Don't release payment until you've verified the work
- ✅ Keep all communication on the platform
For Sellers
- ✅ Confirm the deal amount and scope before starting work
- ✅ Upload delivery evidence (files, screenshots, notes)
- ✅ Provide accurate payout details
- ✅ Communicate delays promptly
Quick Reference: Escrow Checklist
For Buyers
- ✅ Created a deal with clear title, description, and amount
- ✅ Set a 4-digit PIN and shared it with the seller
- ✅ Deposited payment via JazzCash/EasyPaisa/bank
- ✅ Uploaded payment screenshot
- ✅ Verified work before confirming delivery
- ✅ Released payment after satisfaction
For Sellers
- ✅ Reviewed deal terms before accepting
- ✅ Delivered work on time
- ✅ Uploaded delivery evidence
- ✅ Provided accurate payout details
- ✅ Received payment after release
The Bottom Line
Masters Escrow is the safest way to transact in Pakistan. Whether you're buying services or selling them, escrow protects your money and builds trust between strangers.
Start a secure escrow deal today and transact with confidence.
