How it works ?
Escrow.me reduces the risk of fraud by acting as a trusted third-party that collects, holds and only disburses funds when both Buyers and Sellers are satisfied.
Step 1: Buyer & Seller agree to terms
Either the Buyer or Seller begins a transaction. After registering at Escrow.me, all parties agree to the terms of the transaction.
Step 2: Buyer pays Escrow.me
The Buyer submits a payment by approved payment method to our secure Escrow Account, Escrow.me verifies the payment, the Seller is notified that funds have been secured 'In Escrow'.
Step 3: Seller ships merchandise to Buyer
Upon payment verification, the Seller is authorised to send the merchandise and submit tracking information. Escrow.me verifies that the Buyer receives the merchandise.
Step 4: Buyer accepts merchandise
The Buyer has a set number of days to inspect the merchandise and the option to accept or reject it. The Buyer accepts the merchandise.
Step 5: Escrow.me pays the Seller
Escrow.me releases funds to the Seller from the Escrow Account.
Escrow.me provides a host of advantages for people who choose to transact with it. Whether it is digital goods, vehicles, antiques, jewelry, art work, or domain names and websites, Escrow.me ensures that all buyers and sellers are protected equally and their disputes dealt with the utmost concern.
Ability to setup complex escrow transactions (eg. multiple parties)
Higher the rating, the lower the fees are
Ability to set multiple milestones along an escrow transaction
Escrow.me offers a simple API to integrate our secure escrow payment service to power B2B commerce in your website or application.