setting up an escrow service for a website

Discussion in 'Payment Processing' started by cbc58, Sep 27, 2010.

  1. #1
    is there a way to set up an escrow service through paypal (or someone else), where there are no charges to a user or company, to put money in - or send money out?

    this specifically relates to website that sells jewelry. they want to create a system where buyer can deposit $ in escrow, receive the product and inspect to make sure o.k., and then release escrow to seller.

    is this possible to avoid credit card and other fees?
     
    cbc58, Sep 27, 2010 IP
  2. zelgly2

    zelgly2 Well-Known Member

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    #2
    no definitely there will be fees for escrow service. Anywhere from 0.15% - 15% of item cost
     
    zelgly2, Sep 28, 2010 IP
  3. watermark

    watermark Guest

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    #3
    i have the same problem, anyone have a solution here ?
     
    watermark, Sep 28, 2010 IP