ANOTHER PAYMENT OPTION: ESCROW.COM
Post 1 of 4
Escrow reduces the potential risk of fraud by acting as a trusted third party that collects, holds and disburses funds according to Buyer and Seller instructions. Escrow services are provided by a licensed and regulated escrow company.
When to use Escrow.com: Escrow is well-suited for items purchased on auction sites, automobiles, motorcycles, domain names, jewelry, specialized computer equipment, and other high-ticket items.
When to use another payment service: If you know and trust the other party involved in the transaction.
Protection for both Buyer and Seller
Buyers receive and inspect the merchandise before the Seller is paid.
Sellers receive their money if the Buyer accepts the merchandise.
https://www.escrow.com/solutions/escrow/index.asp
![[em1]](http://img.alibaba.com/images/eng/style/icon/emoticons_smile.gif)
When to use Escrow.com: Escrow is well-suited for items purchased on auction sites, automobiles, motorcycles, domain names, jewelry, specialized computer equipment, and other high-ticket items.
When to use another payment service: If you know and trust the other party involved in the transaction.
Protection for both Buyer and Seller
Buyers receive and inspect the merchandise before the Seller is paid.
Sellers receive their money if the Buyer accepts the merchandise.
https://www.escrow.com/solutions/escrow/index.asp
18 Dec 2006 05:52
Post 2 of 4
Replying to [GREG12750]:
Hello my friend.
Just one thing that i have never understood about escrow.com:
In what conditions does the buyer inspects the products? Does escrow has some kind of professionals team that will go to the client and show them the goods?
I really dont understand this.
Greetings from Portugal
By the way..... the day for the revolution is coming...ehehe
cant wait for that
Hello my friend.
Just one thing that i have never understood about escrow.com:
In what conditions does the buyer inspects the products? Does escrow has some kind of professionals team that will go to the client and show them the goods?
I really dont understand this.
Greetings from Portugal
By the way..... the day for the revolution is coming...ehehe
cant wait for that
18 Dec 2006 15:13
Post 3 of 4
Replying to [joaomesk]: Thanks for the questions Joao. Escrow is only a medium of holding funds until all terms and conditions aree met. Once a customer or supplier inspects himself or has SGS inspect at loading time and SGS or some similar company gives the OK, Escrow releases the Funds.
How to Stop Fraud is a very simple process. Only use Escrow Account Company and only use a qualified inspection company that gives the thumbs up.
If every company would use these two mediums, this would stop most of all claims, shortages, not being paid.
I suggest to all to use these "TOOLS" and Utilize all available options that everyone can use. If you do not get paid, it's your fault for not conducting your own due diligence and protecting your investments. Use a bit of your profits to trade safe, trade clean, trade honest and inspect, inspect, inspect. Paying $1000.00 is better than losing a shipment worth thousands or hundreds of thousands.
Hope I helped you a bit and thanks for your reply.
Greg
How to Stop Fraud is a very simple process. Only use Escrow Account Company and only use a qualified inspection company that gives the thumbs up.
If every company would use these two mediums, this would stop most of all claims, shortages, not being paid.
I suggest to all to use these "TOOLS" and Utilize all available options that everyone can use. If you do not get paid, it's your fault for not conducting your own due diligence and protecting your investments. Use a bit of your profits to trade safe, trade clean, trade honest and inspect, inspect, inspect. Paying $1000.00 is better than losing a shipment worth thousands or hundreds of thousands.
Hope I helped you a bit and thanks for your reply.
Greg
18 Dec 2006 19:08
Post 4 of 4
Yah Greg you just said the right procedure, its a fraction of your profit but save you the rest of it. I dont know why people are complaining about that...its simple do right things and stay informed.
24 Jan 2007 02:38
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