San Francisco, California, October 4, 2017 -- Escrow.com, the leading global provider of secure online escrow payments with over US$3 billion in payments secured, today announced a reduction in its minimum fees from $25 to $10 to target high volume transactions.
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 is the safest and most cost effective way to buy or sell anything online. We provide protection against fraud and chargebacks from $10, to offer an affordable alternative for online purchases," said General Manager of Escrow.com, Jackson Elsegood. "Over 1 million users have transacted safely and easily using our online escrow platform to trade everything from motor vehicles to design services."
Escrow.com is a regulated FinTech payments business founded by Fidelity National Financial in 1999 and was acquired by Freelancer Limited in 2015.
Escrow.com, Domaincracy's preferred escrow service, is the leading provider of secure online payments and online transaction management for consumers and businesses on the Internet, having safely processed over US$3 billion in transactions. Founded by Fidelity in 1999, Escrow.com reduces the risk of fraud by acting as a trusted third party that collects, holds and disburses funds according to buyer and seller instructions. Escrow.com is a subsidiary of ten-time Webby Award winning Freelancer.com, the world's largest freelancing and crowdsourcing marketplace by number of users and jobs posted. Freelancer Limited is listed on the Australian Securities Exchange under the ticker ASX:FLN.