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Escrow.com reduces the risk of fraud by acting as a trusted third-party that collects, holds, and only disburses funds when both the Buyer and Seller are satisfied.
Buyer and seller agree to terms. Either the Buyer or Seller initiates a transaction. After registering at Escrow.com, all parties agree to the terms of the transaction.
Buyer pays Escrow.com. The Buyer submits a payment by approved payment method to our secure Escrow Account, Escrow.com verifies the payment, then the Seller is notified that funds have been secured “In Escrow”.
Seller ships merchandise to Buyer. Upon payment verification, the Seller is authorized to send the merchandise and submit tracking information. Escrow.com verifies that the Buyer receives the merchandise.
Buyer accepts merchandise. The Buyer has a set number of days to inspect the merchandise with the option to accept or reject it. If not approved, the Buyer will raise a dispute and enter the dispute resolution process.
Escrow.com pays the Seller. If the merchandise is accepted, Escrow.com releases funds to the Seller from the Escrow Account.