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> Escrow Service & Merchant account, Questions

SeeD
post Jan 11 2008, 09:09 PM, updated 18y ago

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Joined: Jan 2003
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Escrow service
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Escrow Service
Best method to trade with if you're trading with an unknown person.

So who used it before. Can talk abit about escrow service ?

QUOTE(www.ebay.com)
Important: Only use www.escrow.com.

An escrow service is a licensed and regulated company that collects, holds, and sends a buyer's money to a seller according to instructions agreed on by both the buyer and seller. Typically, once the buyer receives and approves the item from the seller within an agreed time frame, the escrow service then sends the payment to the seller.

Escrow is available for any purchase, but typically is used for purchases of $500 or more.



Merchant Account
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I have no idea how merchant account works. Is it safe to deal with a person that has a merchant account ?
How to check so that he really has the merchant account

This post has been edited by SeeD: Jan 12 2008, 09:29 AM

 

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