Payment Policy – SafeDeal Escrow (AutodealSpot)

Effective Date: 03/20/2025
Company Location: Texas, United States

1. Introduction

This Payment Policy outlines how payments are processed, secured, released, and refunded through SafeDeal Escrow, a payment protection service operated under AutodealSpot.
All users who initiate or receive payments on SafeDeal.autodealspot.com agree to follow the guidelines in this policy.

SafeDeal Escrow is designed to provide a safe and transparent payment process for vehicle and automotive-related transactions originating from AutodealSpot.

2. Separate SafeDeal Account Requirement

Because SafeDeal Escrow operates on a secure subdomain with its own user system, all buyers and sellers must create a separate SafeDeal account to start or complete transactions.

Your AutodealSpot login does not carry over to SafeDeal Escrow.

3. Payment Handling & Security

  • All payments are processed through secure, industry-standard payment gateways.

  • Funds deposited into SafeDeal Escrow are held in a protected escrow holding account until the transaction is approved by both parties.

  • SafeDeal does not send funds to the seller until:

    1. The buyer confirms delivery, and

    2. No disputes are open.

  • SafeDeal may require identity verification to comply with U.S. regulatory and anti-fraud standards.

4. Accepted Payment Methods

SafeDeal Escrow may support the following payment methods depending on your region:

  • Bank transfer / ACH

  • Credit or debit cards

  • Supported digital wallets

  • Other approved payment services

Supported payment options may change based on gateway availability or compliance requirements.

5. Fee Structure

SafeDeal may charge service fees for processing and securing escrow transactions.
Fees may be:

  • Paid by the buyer

  • Paid by the seller

  • Split between both parties

The fee arrangement must be agreed upon before the transaction begins.
All fees will be clearly displayed during the transaction setup.

6. Fund Release Conditions

Funds are released to the seller only when:

  1. The buyer confirms they have received the vehicle or item in the agreed condition.

  2. The agreed inspection period has expired without dispute.

  3. No active disputes or verifications are pending.

Once released, payments cannot be reversed through SafeDeal.

7. Buyer Inspection Period

SafeDeal allows buyers a specific time window to inspect the vehicle after delivery.
Within this window, buyers may:

  • Confirm and approve payment

  • Open a dispute
    The inspection period begins when the buyer marks the item as received.

8. Disputes & Payment Holds

If either party reports an issue:

  • Funds will be temporarily frozen.

  • SafeDeal may request evidence from both parties.

  • Payments will not be released until the dispute is resolved.

SafeDeal aims for fair outcomes but does not serve as a legal arbitrator.
Parties remain responsible for complying with Texas and U.S. laws.

9. Transaction Cancellations

A transaction may be canceled only if the seller has not delivered the item yet.
If canceled:

  • The buyer receives a refund to their original payment method.

  • Service fees may be non-refundable (depending on your fee setup).

Once the seller delivers the vehicle, cancellations must be handled through the dispute process.

10. Refunds

Refunds may be issued in the following situations:

  • A transaction is canceled before delivery

  • A dispute is resolved in favor of the buyer

  • Payment processing errors

Refunds are sent to the buyer’s original payment method unless otherwise stated.

11. Fraud Prevention & Compliance

Because AutodealSpot and SafeDeal Escrow operate from Texas:

  • All transactions must comply with Texas state laws

  • Users may be required to complete identity verification (KYC)

  • SafeDeal reserves the right to hold or block payments in cases of suspected fraud

Illegal activities, including money laundering or selling prohibited items, are strictly banned.

12. Liability

SafeDeal Escrow does not own, inspect, or guarantee any vehicle or item listed on AutodealSpot.
SafeDeal only manages payments securely.

Users are responsible for:

  • Verifying the identity of the other party

  • Inspecting vehicles before approval

  • Ensuring compliance with local and state laws

SafeDeal is not liable for losses caused by inaccurate listings or third-party misconduct.

13. Contact Information

For questions about payments, holds, or disputes:

📧 Support Email: support@autodealspot.com
🌐 Website: SafeDeal.autodealspot.com
📍 Head Office: Texas, USA

14. Policy Updates

This Payment Policy may be updated periodically to reflect changes in regulations, technology, or company operations.
Users will be notified of any significant changes.