Payments through Escrow.com ?

Discussion in 'Payment Processing' started by EGS, May 9, 2006.

0
  1. #1
    Hi there.

    Can anyone please explain to me how Escrow.com works? I want to accept payment using it, but am unsure how it works. I hear it is safe, but before I do anything I would like to learn how to use it properly to avoid any unsafe business practice.

    Please help explain to me what it is, and how it will work, and how payments will arrive to me.

    Thank you.
     
    EGS, May 9, 2006 IP
    Mong likes this.
  2. ishtar

    ishtar Well-Known Member

    Messages:
    297
    Likes Received:
    3
    Best Answers:
    0
    Trophy Points:
    120
    #2
    I'd never heard about Escrow before.
     
    ishtar, May 9, 2006 IP
  3. Merkersarl

    Merkersarl Peon

    Messages:
    357
    Likes Received:
    46
    Best Answers:
    0
    Trophy Points:
    0
    #3
    I don't know if this page on my site helps but it covers some points not covered elsewhere.

    They send you money by electronic transfer or check. They charge $10 (I think) to send you a check, no fee for EFT. The $10 is over and above the usual escrow fees.
     
    Merkersarl, May 10, 2006 IP
    EGS likes this.
  4. EGS

    EGS Notable Member

    Messages:
    6,078
    Likes Received:
    438
    Best Answers:
    0
    Trophy Points:
    290
    #4
    Thanks, that helped a lot! :)
    Nice site too...VERY informative. :D
     
    EGS, May 10, 2006 IP
  5. Foggy

    Foggy Link and Site Buyer

    Messages:
    924
    Likes Received:
    159
    Best Answers:
    0
    Trophy Points:
    0
    #5
    Foggy, May 10, 2006 IP
    EGS likes this.
  6. dcristo

    dcristo Illustrious Member

    Messages:
    19,776
    Likes Received:
    1,200
    Best Answers:
    7
    Trophy Points:
    470
    Articles:
    7
    #6
    Escrow acts as an intermediary and holds onto the funds until the buyer confirms they have received the goods.
     
    dcristo, May 10, 2006 IP
    EGS likes this.
  7. sundaybrew

    sundaybrew Numerati

    Messages:
    7,294
    Likes Received:
    1,260
    Best Answers:
    0
    Trophy Points:
    560
    #7

    Funny you said that :)

    Now in 2016 with 100's of Escrow companies -

    Its like, you do not do a huge deal unless you have one
     
    sundaybrew, May 31, 2016 IP