Locatory.com introduces secure online payments for aircraft parts procurement

Eleanor Steed
By Eleanor Steed April 19, 2017 12:40

Locatory.com introduces secure online payments for aircraft parts procurement

Locatory.com, an aviation IT company primarily acting as an aircraft parts locator, has launched secure online payments for its spare aircraft parts trading platform. The new service allows all members of Locatory.com’s aircraft parts marketplace not only to search, but also to order, pay and ship aircraft parts – everything in one place. Secure payments are ensured by Escrow.com.

Escrow.com was integrated with Locatory.com’s platform in the beginning of April.

“If you have anything of value to sell or purchase online, like aircraft spare parts, you would want to make sure the transaction will absolutely go through. Locatory.com’s partnership with Escrow.com provides secure online transactions, without chargebacks for Locatory.com’s users,” says Matt Barrie, CEO of Escrow.com.

“With growing demand as well as supply for various aircraft parts, buyers and sellers deal with highly varying prices and purchase conditions, which frequently create uncertainty, in turn leading to fear and sometimes even withdrawal of the deal. As partnering with new and unknown companies is unavoidable in this fast-paced industry, support customers by providing clear rules, procedures and guarantees is crucial,” claims Dainius Meilunas, CEO of Locatory.com.

Eleanor Steed
By Eleanor Steed April 19, 2017 12:40