Trade

Pay on Delivery

Trade Finance / Trucking

Pay drivers upon delivery with escrow protection. Same-day payment upon delivery vs. net-30 invoicing, with shipper protection until delivery is confirmed.

COINBAX CONTROLS Payment Sent KYC/KYBCheck Escrow Hold DeliveryVerification ConditionalRelease Driver Paid
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Coinbax Controls Used

This template leverages the following programmable controls to create a secure, compliant payment flow.

KYC/KYB Check

Compliance Gates

Verify driver/carrier identity

Escrow Hold

Time-Based Locks

Funds locked until delivery confirmed

Delivery Verification

Conditional Release

Third-party shipping service and geolocation confirmation

Conditional Release

Conditional Release

Trigger payout on verified delivery

Use Case Example

Scenario

Cross-Border Freight Company Paying Mexican Carriers

PROTECTED BY COINBAX Payment Sent KYC/KYBCheck Escrow Hold DeliveryVerification ConditionalRelease Driver Paid

The Challenge

A US logistics company works with hundreds of Mexican trucking companies. Traditional payment takes 30-60 days and requires expensive factoring, costing carriers 3-5% of invoice value.

The Solution

Using this template, payment is escrowed when the load is dispatched and released instantly when the driver confirms delivery via mobile app with GPS verification.

Result: Carriers receive payment same-day, factoring eliminated, carrier retention improved 35%

Ideal For

Freight Brokers

Pay carriers instantly upon delivery while maintaining escrow protection.

Logistics Platforms

Offer instant pay as a competitive advantage to attract carriers.

Trade Finance Banks

Provide working capital solutions with built-in delivery verification.

Supply Chain Finance

Accelerate payment cycles while reducing risk.

Ready to implement Pay on Delivery?

Talk to our team about customizing this template for your specific payment workflows.

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