Hey everyone! I am about to start sending and receiving payments through Escrow, all I want to know is that, is it 100% safe? Thanks
Ecrow depends on the reliability of middle man. In ecrow systems, both buyer and seller use middle man. These systems are used in high valued transactions and therefore risk of getting scammed is very low.
The escrow is safe for some of the sale in auction format with a day. An ebay thraugh ebay contact a member service. The eBayer asked about the "buy it now" price for that watch with shipping cost included to Spain.
Escrow is a third party that hold funds and release the fund when both parties say they are both satisfied. They are very saf like all the top payment processors you know. Big sites like flippa, elance e.t.c use them.
The escrow is safe for some of the sale in auction format with a day. An eBay through eBay contact a member service. The eBayer asked about the "buy it now" price for that watch with shipping cost included to Spain.
The Escrow system is known for the middle men business, where both buyer and seller use the middle men to go on with business. Its highly safe system to deal in with business.
This is good information. I am trying to sell my sites and wanted to find out a good and fraud free transaction between buyer and seller. The last thing you need is to lose money that you have worked hard for.
Escrow works as a broker and it release the payment after both parties are satisfied completely. Go Ahead - It's 100% safe.