B2B TRANSACTIONS MADE EASY

Transactions between two companies have not changed over the last 200 years. Consentio is here to make your life easier and more secure.

B2B TRANSACTIONS

Consentio offers a unique service for B2B transactions.  A quick and secure way to make payments and manage the documentation more efficiently.

ESCROW FOR B2B

We include an intermediary account that holds the money while buyer and seller demonstrate they have completed different milestones to liberate the payments. 

DISPUTE RESOLUTION

The system offers a service that insures fair, transparent outcomes for both parties.  A friendly way of solving issues.  If none is reached, we offer third party intermediation.

BANK REGULATION

All the funds are held in one of Europe’s largest banking groups, Credit Mutuel Arkea.  The money is in a bank and backed up by European banking regulation.

WHAT IS CONSENTIO?

Consentio is a platform that leverages technology to streamline trading processes.  We transform the way businesses transact physical goods.

 

  • We partner with regulated (Bank license) payment platforms to hold the funds.

  • Transactions are timestamped which is recognized by government and court.

  • Clients create mutually agreed milestones in a smart contract: proof of delivery and reception, audit of goods, etc.

     

  • If there is a disagreement, there are dispute resolution mechanisms.

HOW WE COMPARE TO EXISTING SOLUTIONS

  Consentio Letter of credit Wire transfer
Transaction speed ● ● ●
Risk mitigation ● ● ●
Fees & Costs ● ● ●
Document tracking ● ● ●
Dispute resolution ● ● ●

SIMPLE 4 STEP PROCESS

CREATE TRANSACTION

Create the transaction with the pre-agreed milestone structure and payment conditions.

TRANSFER THE MONEY

Transfer money from the buyer wallet to the intermediary escrow account.

PROOF MILESTONE COMPLETION

The corresponding party uploads proof of milestone completion

RELEASE OF PAYMENTS

Once the counter party approves the proof uploaded, the corresponding payment is released.

CONSENTIO ADDS AN EXTRA LEVEL OF SECURITY

Consentio works with a subsidiary of the Crédit Mutuel Arkéa, one of Europe’s largest banks.

+ All the funds are deposited in a subsidiary of the bank, Consentio does not hold the money.

+ When using the escrow service, the money is deposited in an intermediary account and released as the milestones are reached and approved.

Each interaction of the transaction is timestamped by Firmaprofesional.

Firmaprofesional is a Spanish  certification entity that is approved by the Spanish Ministry of Industry and is valid across the European Union.

Timestamping is the process of securely keeping track of the creation and modification time of a document. No one will be able to change it once it has been recorded keeping a legal record of the interactions of a transaction and its documents.

WE ARE HERE TO AVOID THE VERTIGO FEELING

IF YOU ARE THE BUYER

No more upfront payments and waiting to see if you receive the products! With Consentio you can liberate the payments based on pre-established milestones. Reduce your risk exposure.

IF YOU ARE THE SELLER

Sell more, show credibility to your new clients by offering a simple, quick and cheap escrow solution that will give them confidence to transact with you.

WE ARE MEMBERS OF THE INTERNATIONAL CHAMBER OF COMMERCE

With members in more than 100 countries, ICC is the only business organization that is so broadly representative of every facet of business.

ICC brings together companies of all sizes and sectors. Our membership includes many of the world’s biggest, most influential companies as well as a multitude of smaller businesses.

Through membership of ICC, companies shape rules and policies that stimulate international trade and investment. These companies in turn count on ICC influence to get business views across to governments and intergovernmental organizations, whose decisions affect corporate finances and operations worldwide.

WE ARE STILL IN BETA AND BY INVITATION ONLY

 

If you are interested in using Consentio, leave your contact information.  We will send out invitations in strict order of sign up.  We appreciate your interest.

 

 

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