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Waasta by DXL Digital

Every big deal needs a waasta

You don't know them. They don't know you. Waasta holds the money until both sides get what they agreed.

A concept. Not live yet. The practice deal takes about a minute.

Ch. 02Waasta

واسطہ waasta

Urdu · noun

  1. 1

    A connection. The person in between, through whom something gets done.

  2. 2

    Waasta by DXL Digital. The trusted middle in a deal between strangers. It holds the money until both sides get what they agreed, then releases it to both at once.

Not who you know. What you agreed.

Ch. 03Why Waasta

The buyer won't pay first. The seller won't hand it over first.

So both go through Waasta.

Ch. 04

How it works

Four steps, the same for a watch or a plot. Nothing moves until both sides have signed.

  1. 01

    Both sides sign

    The terms say what counts as a match.

  2. 02

    The buyer pays Waasta

    Not the seller. Held for this deal only.

  3. 03

    It gets checked

    Against the signed terms, line by line.

  4. 04

    Released at once

    Item to the buyer, money to the seller.

Ch. 05

In the app

One deal, start to finish. Hamza buys a pre-owned watch from Bilal.

Waasta Your deals
Held for your dealsPKR 9,750,000Across 2 open deals
Start a deal

Open

Steel chronograph Buying from Bilal A.Checking
1 kanal plot, bayana Buying from Sana T.Held
Land Cruiser 2022 Selling to Usman R.Signed

01 / 08 Start a deal Every deal you are in, in one place.

Ch. 06

Try a deal

You are the buyer. Pick what changes hands and take it from the first signature to the release. About a minute. The money is pretend.

Deal W-4823 Practice. Money is simulated

Drafting

  1. 01 Terms
  2. 02 Sign
  3. 03 Hold
  4. 04 Hand over
  5. 05 Check
  6. 06 Release

What's changing hands?

Time to check it after the hand over

Selling: Bilal A. · verified with NADRA (sample)

A practice deal. Nothing is charged, held or sent, and the names are sample data.

Ch. 07

What changes hands

The things worth the most, each checked its own way.

  • 01 / 062 to 5 days

    Luxury watches

    Serial, papers and movement checked by a watchmaker.

  • 02 / 063 to 10 days

    Luxury and imported cars

    Registration, chassis number, customs papers and an inspection.

  • 03 / 062 to 8 weeks

    Property bayana

    Token money held until the file and transfer go through.

  • 04 / 061 to 3 days

    Gold and jewellery

    Weight and purity tested before release.

  • 05 / 061 to 4 weeks

    Art and collectibles

    Provenance and condition, insured hand over.

  • 06 / 064 to 12 weeks

    Selling a business

    Released in stages as the handover is done.

Ch. 08

If it doesn't check out, nothing moves

Most deals close clean. When one doesn't, the money is still with Waasta.

  1. 01

    The check fails

    The watchmaker finds a replaced dial.

  2. 02

    Release pauses

    Nothing goes either way while it is reviewed.

  3. 03

    Everyone gets theirs back

    The buyer is refunded in full.

Ch. 09

Bring Waasta the deal

Coming with DXL Digital. Be first in line.

Waasta is a concept and is not live. It is planned as part of the DXL Digital app and depends on regulatory approval. Money in a deal would be held by our licensed bank partner. Names and amounts are sample data.

Waasta by DXL Digital