Why use an Escrow?
Escrow is a defined process whereby a buyer puts money into the
custody of a trusted third party with a guarantee that funds are
available for payment to the seller after a specified set of
conditions has been met.
Escrow Inc. acts as a secure third-party to protect both
buyer, seller and your privacy.
How It Works
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Buyer and Seller Agree to Terms
Prior to starting and escrow, both parties agree to the terms of
the transaction which includes a sale price (amount) and
description of the goods.
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Buyer Pays Escrow Inc.
The Buyer submits a bitcoin desposit to Escrow Inc. and the
transaction is verified. Both parties will receive a confirmation
Email from us with verification code which authorize to check the
Escrow status here.
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Seller Ships Goods/Services
Upon deposit verification, the seller is authorized to ship
merchandise.
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Buyer Accepts the Goods/Services
The buyer has a set number of days for an inspection and then
releases the funds. Earlier releases are possible.
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Escrow Inc. Pays the Seller
Upon notification from buyer to release the deposit or if the
inspection period ends, we pay the seller.
The transaction is
now complete.
Buyer Protection
-
The seller isn't paid until the buyer accepts the merchandise,
confirms services have been rendered or the inspection period ends
without dispute.
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Escrow Inc. is typically an anonymous service except in the
event of a dispute where it may be required for buyer and seller
to provide additional information to an arbitrator if both parties
are unable to resolve the dispute themselves.
Seller Protection
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The seller is authorized to ship/provide service only after First
Trust Escrow verifies the deposit of funds from buyer. A minimum
of two confirmations on the bitcoin network assures verification
of payment from buyer.
Anonymity
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There are no governments laws applicable on our service, is
accepted dispute resolutions for any deals. All communication and
data files what will be used by seller or/and buyer will be
permanently deleted after both parties agreement.