Escrow???

Discussion in 'Payment Processing' started by ilogak, Jun 13, 2007.

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  1. #1
    Hi,
    I want to know what is escrow (I know its an online payment processor), but wondering how this actually work. I've never tried it and I've seen that deals which are less than $1k they usually use paypal and for bigger deals they always use Escrow. Why is that so? Do they charge less (low fee)? Do they have any buyer/seller protection? If yes, then what kind of ?
    I would like to know some more about it.
    THANKS ;)
     
    ilogak, Jun 13, 2007 IP
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