The Payment Risk Problem
Late and disputed payments are endemic to the construction industry. A 2025 Saudi PMO report found that 68% of subcontractors experienced payment delays exceeding 45 days on government-adjacent projects.
How Escrow Protects All Parties
Qimta's integrated escrow service holds buyer funds in a regulated trust account upon purchase order issuance. Funds are released to the supplier only upon confirmed delivery and sign-off from the site supervisor — eliminating payment default risk for both parties.
Supported Payment Methods
- SARIE instant bank transfers (Saudi Central Bank)
- Corporate VISA/Mastercard virtual cards
- 30/60/90-day invoice financing via Qimta's banking partners
Dispute Resolution
In the event of a delivery dispute, both parties submit evidence through the Qimta platform. An independent adjudicator reviews the case within 5 business days and issues a binding payment decision.