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What Are Online Escrow Services?

April 26, 2017escrow online Services

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What Are Online Escrow Services?

1 Answer

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10 Posted

In theory, online escrow services are intended to help buyers and sellers when conducting a transaction that involves money and goods or services. The buyer sends the escrow service payment. The seller then sends the product or provides the services to the buyer. When the buyer acknowledges receipt of said product or services, the online escrow service releases the funds to the seller. In the end everyone is happy. Unfortunately, this isn’t always the way things work out.