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Escrow.com,
a service that the vast majority of
domain buyers and sellers have used
at one time or another to secure
their transactions, has made a major
change in their fee structure.
The company has dropped its minimum
fee from $25 to $10 to
target the high volume of
transactions that take place in the $300-$700
range. At that level many have opted
to use PayPal even though
doing so could result in them losing
their domain, money or both through
a chargeback.
At $10
Escrow.com now costs about the same
as PayPal but offers a much better
value proposition with its promise
of a secure, successful transaction
for both sides. The Escrow.com announcement
noted, "Unlike credit cards or
PayPal, Escrow.com does not allow
chargebacks against sellers, and
keeps buyers safe by guaranteeing
that their funds will only be
disbursed when they are 100%
satisfied with the goods or
services they have received."
Escrow.com
General Manager Jackson Elsegood
added, "Escrow.com is the
safest and most cost effective way
to buy or sell anything online. Over
1 million users have
transacted
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Jackson
Elsegood
General Manager
Escrow.com
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