Looking for the safest way to buy and sell website, domain name transfers, art and jewelry and other items ?
Escrow is an online service which protects online buyers and sellers from potential fraud. it acts as a trusted third-party that collects, holds and disburse funds according to Buyer and Seller instructions.
In short, Escrow will hold the money on behalf of transacting parties securing both the seller and the buyer; It charges a fee(around 3%).
What are the protection for Buyer and Seller ?
Buyers receive and inspect the merchandise before the Seller is paid.
Sellers receive their money if the Buyer accepts the merchandise.
How does Escrow service work?
- Buyer and Seller Agree to Terms
- Buyer Pays Escrow.com
- Seller Ships item – Ship only after Escrow verifies funds is deposited by Buyer. Also, Escrow will track the merchandise and verifies it was delivered to the buyer.
- Buyer Accepts the item – Escrow confirms that the Buyer receives the shipped item.
- Escrow.com Pays the Seller – Escrow won’t pay paid until the Buyer accepts the shipped item.
When should I use Escrow.com ?
You can consider using an online escrow for any item worth over $500. For more information visit escrow.com Frequently Asked Questions page.