Never buy or sell without using Escrow.com
Never buy or sell without using Escrow.com - why is this important?
Escrow.com is an online financial service that provides a secure way for buyers and sellers to exchange goods and money. When it comes to buying or selling a domain name, using Escrow.com can provide several benefits and increase the security of your transaction.
Escrow.com is the dominant payment method for the buying & selling of domain names, with transactions including uber.com, snapchat.com, spacex.com, twitter.com, instagram.com, freelancer.com, gmail.com, slack.com, wechat.com, chrome.com and wordpress.com among many others.
Escrow.com acts as a neutral third party that holds onto the payment from the buyer while the seller transfers the domain name to the buyer. This helps to prevent scams and fraudulent transactions, as both parties can be sure that they will receive what they are expecting.
Secondly, Escrow.com provides protection against chargebacks, where a buyer disputes a payment with their credit card company. In such cases, Escrow.com will investigate the dispute and provide a resolution that is fair to both parties.
Thirdly, using Escrow.com can provide a more efficient and streamlined transaction process. The service automates many aspects of the transaction, such as verifying payment and domain ownership, and helps to facilitate communication between the buyer and seller.
Any high value transactions with strangers, in our case domain names naturally come with a certain degree of trust issues which need to be over come - hence Escrow.com provides the solution and peace of mind knowing the transaction is 100% safe and secure.
They are the world leaders in domain name transaction security with over $5bn transactions protected world wide.
Buyer benefits
Peace of mind, security, and convenience
Assured domain name transfer prior to paying Seller
Ability to confirm domain ownership directly with the registrar before the Seller is paid
Ability to pay by wire transfer and in some cases PayPal, check, money order, or credit card (Visa, MasterCard, American Express)
Ability to send credit card information to a financial institution, not a stranger
Easy access to live customer support by phone or email
Seller benefits
Peace of mind, security, and convenience
Payment verification prior to Domain name transfer
Secure payment once transfer specifications are met
Protection against credit card fraud, insufficient funds or credit card chargebacks
Ability to accept credit cards and PayPal if otherwise not able to.
Escrow fees that may be lower than merchant credit card processing fees
Easy access to live customer support by phone or email