The Rise of C2C and P2P: The Need for Secure Transactions

Truster, established in 2020 by CEO and founder Gloire Moke, is at the forefront of transforming customer-to-customer (C2C) and peer-to-peer (P2P) transactions. As online fraud and scams become more prevalent, Truster provides an innovative solution to bridge the trust gap in direct consumer transactions.

The Trust Gap in C2C and P2P Transactions

C2C and P2P transactions have seen exponential growth, particularly with the rise of online marketplaces and digital payment solutions. However, this growth has been accompanied by an alarming increase in fraud. In 2020, 38% of reported scams globally were linked to C2C and P2P exchanges, with a slight decline to 35.3% in 2021. These figures emphasize the urgent need for a secure and reliable transaction platform that protects both parties.

Truster’s Innovative Approach

Truster acts as a trusted intermediary, ensuring a seamless and secure experience for users engaging in C2C and P2P transactions through its key features:

• Automated Identity Verification: Every user undergoes a strict identity verification process, significantly reducing fraudulent activity.

• Escrow-Style Payment System: Truster holds funds securely until both parties confirm the successful completion of the transaction, safeguarding both buyers and sellers.

• QR Code Security: Sellers receive a unique QR code for each transaction, securing the exchange and ensuring authenticity.

• Buyer Verification: Buyers confirm the receipt of goods or services by scanning the QR code within the Truster app, triggering the release of funds.

Enhancing Security Across Distances

Truster’s model empowers individuals to engage in transactions with confidence, even when dealing with strangers across different locations. By removing uncertainties and reducing risks, the platform broadens opportunities for both buyers and sellers, enabling a more dynamic and trustworthy C2C and P2P economy.

The Future of C2C and P2P Transactions

As Truster continues to innovate, it is set to become the go-to solution for secure C2C and P2P transactions. By tackling trust issues head-on, Truster is not just facilitating exchanges—it is redefining how individuals confidently engage in peer-to-peer and customer-to-customer transactions.