Want to buy goods online but worry about scammers? Want to make sure that you only pay for goods that you ordered? All you need is a third-party escrow service to help ensure your online transactions are safe and secure!

What is Escrow?

Escrow is a term applied to any service that offers to hold money or goods until all parties in a transaction are satisfied that all terms and conditions have been met. Escrow services are becoming popular online because both buyers and suppliers are demanding better safety and security for their transactions.

Buyers do not want to send full payment only to receive nothing or faulty goods in return. Suppliers do not want to send their products only to receive part or no payment at all.

Escrow companies act as a third-party referee, holding payment from buyers but not releasing the money to suppliers until the buyer confirms delivery. Escrow companies also notify suppliers when payment has been made so they know it’s safe to ship the buyer’s order.

How does Escrow Work?

For Buyers
Buying online through an escrow service is a safe way to protect your payments. After placing your order online, make your payment to an escrow company using a credit card or your account in a bank. The escrow company holds the payment and only releases payment to the supplier after you have confirmed delivery.

For Suppliers
Selling online through an escrow service is a safe way to ensure your payments are protected. The escrow company will notify you when the buyer has made payment and will hold the money for you. After payment is confirmed, you are safe to ship the order. Once the buyer has confirmed delivery, the escrow company will release payment direct into your account in a bank.

I am more than curious when Alibaba will launch "Safe Pay" !

Do you know, that not one of your GOLD SUPPLIERS who offer something like electronic items, mobiles, computers, shoes, sport equipement or garments will accept this payment !

And what will Alibaba than reply ??? They are all scammers who can not deliver what they promise to sell ! You have to say that customers should not buy from them and then ??? They will cancel their Memberships !

I could not believe that Alibaba will kill his own business !!!

Wilhelm

Hi Wihelm,

If scammers don't accept Safe Pay, then we know who they are.

It seems you have some prejudice on Alibaba.com. We can not gurantee there are no scammers on our site. But we never deliberately give scammers Premium memberships. And we delete their accounts immediately once proven.

 

"If scammers don't accept Safe Pay, then we know who they are."

That's exactly what I have posted, but I wait for the answer what will Alibaba do ???

Please do not say I have some prejudice on Alibaba ! I only tell the truth !

Wilhelm

We are near in closing a deal for about 200pcs laptops with some suppliers on alibaba, when is Safe pay service likely to be launched,

This could really fail the scammers if the service is efficiently handled and the cost is low

Please let me know when this takes effect. If soon, I will wait to make a purchase. This sounds like a great tool. Now, any seller that refuses safe pay and only wants TT can take their scams elsewhere.

DEAR ALIBABA,

I'm glad to hear about  "SAFEPAY"

Unfortunetly my concern as Geniune Supplier is there is no protection for us 'Safepay Step 4' Buyers confirm satisfactory delivery.

Imagine after I received the order I shipped goods to the buyer's address but buyer claims not to receive it or unsatisfy for any reason and return it after damaging it. How can safepay proctects GENUINE SUPPLIER LIKE ME?

I had this experience before so just checking How is safepay better than others?

Cheers!

Marc

How can you be sure that the Escrow service is not a scammer by here self?

i have ued paypal .in other buisness site to purchase .with no problems.any feed back??will safepay be anybetter>>??

Hello,

I would like to know the addresses of intermediaries for the "Escrow" payment.

Thank you.

DC

i have a simple realization
thank you very much