13 {{ upvoteCount | shortNum }}
13 {{ upvoteCount | shortNum }}

Escrow.com Payment REALLY, REALLY that SECURE?

by Boricua
10 replies
Hi you all,

What happens if a seller is proposing payment via paypal/credit card through escrow.com? Main concerns are credit cards. What happens if buyer would be making a payment or part of the payment with a credit card with escrow and the seller selected "premier service".

I believe their is still a chance for fraud, escrow.com is PST US time and I can't hold much about the excitement of getting this done.

What could happen if the buyers credit card company initates a dispute/chargeback within 30-45 days? In a realistic viewpoint; is there a possibility of the seller getting screwed and having to pay back in some other way if their is credit card fraud involved on behalf of the buyer?

Just hope this is really a BIG TIME stupid question

What you think...
#escrowcom #payment #secure
  • Profile picture of the author derekwong28
    Escrow protects both sellers and buyers. Once a payment is accepted and cleared by escrow, then even if a chargeback occus at a later date, the seller will not be asked to pay it back.
    Signature

    Do not get between a wombat and a chocolate biscuit; you will regret it dearly!

    {{ DiscussionBoard.errors[953490].message }}
    • Profile picture of the author LegitIncomes
      Originally Posted by derekwong28 View Post

      Escrow protects both sellers and buyers. Once a payment is accepted and cleared by escrow, then even if a chargeback occus at a later date, the seller will not be asked to pay it back.
      Yes, I believe that's correct.
      When you use escrow.com, you are agreeing to their transaction terms.
      I'm sure they've worded this is a way that overrides any potential charge backs.
      Signature
      100% Unique Sales Page Website +100% Unique Internet Marketing Product
      + Support! All of this, just $397! (PM Me For Details!)
      {{ DiscussionBoard.errors[953524].message }}
  • Profile picture of the author kkchoon
    Not sure if credit card charged back is protected, but you can ask specifically not to use credit card for payment... it may take longer time.
    Signature

    Powerful Indexer That Makes Your Backlinks Count ==> Nuclear Link Indexer

    {{ DiscussionBoard.errors[953623].message }}
    • Profile picture of the author babbey
      If Escrow.com approves the credit card payment we accept responsibility for any chargebacks. If you have any additional questions let me know.

      Brandon Abbey
      President
      Escrow.com
      {{ DiscussionBoard.errors[954156].message }}
      • Profile picture of the author Boricua
        Originally Posted by babbey View Post

        If Escrow.com approves the credit card payment we accept responsibility for any chargebacks. If you have any additional questions let me know.

        Brandon Abbey
        President
        Escrow.com
        BOOM!

        Appreciate the PM Brandon. C. service representative (Ryan) was very helpful and very attentive to the important details...make sure to keep an eye on him. Very, very helpful team. So...so far so good

        Thank you.
        {{ DiscussionBoard.errors[955449].message }}
  • Profile picture of the author MemberWing
    I sold $1500 domain name through Escrow.com while traveling in eastern europe.
    Was managing all communication between me and escrow via scarce email connections.
    Worked slow but flawlessly. Will recommend them.

    Gleb
    Signature
    {{ DiscussionBoard.errors[955883].message }}
  • Profile picture of the author Travis Clark
    I have never had any issues with escrow.com but it's good to see that reply from babbey on the matter.

    Thanks
    {{ DiscussionBoard.errors[955903].message }}
  • Profile picture of the author Dr Dan
    Just watch out for scams where they say they want to buy and then they send you an attachment that says my terms or something like that. I fell for it about 2 years ago. Clicked on it and it hijacked my browser to a copy site of escrow.com. Luckily I had 2 computers in my office and felt something was weird when I tried calling the help desk and it was an answering machine. Called escrow.com and they helped me clear my browser of that crap.
    Signature
    {{ DiscussionBoard.errors[956021].message }}
    • Profile picture of the author batchos
      I completed a domain transfer for just under $2,500 earlier this year with Escrow.com. The buyer paid by credit card. Everything went smoothly and timely; including the wire transfer to my bank. Excellent communication and systems from Escrow.com

      batchos
      Signature

      *Be Veg, Make Peace!

      {{ DiscussionBoard.errors[956040].message }}
  • Profile picture of the author geonet
    Banned
    [DELETED]
    {{ DiscussionBoard.errors[960093].message }}

Trending Topics