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Thursday, March 24, 2005 2:29:09 PM
Escrow is so simple and so affordable, you can use it for everything! The process works like this:
STEP 1
Either the Buyer or Seller may start a new escrow transaction from the Member Center. The fully automated system instantly adds the new transaction to both parties accounts. If one party doesn't have an account, the system will invite them to join.
STEP 2
From the private status page, the Buyer submits PayPal payment to Escrow for safekeeping. When payment has been submitted, the system instantly updates the status of the transaction and instructs the Seller to ship the item. Once the item has been shipped, the Seller informs Escrow from the status page.
STEP 3
The Buyer receives the item and upon confirmation, the Seller receives payment. Both parties are protected from fraud every step of the way.
Next step, online car sales......Bank it bro
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