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Main  »  escrow service
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» Why use an Escrow?
» When should I use PayBax Escrow Services?
» When should I use another payment method?
» What are my payment options?
» How long will the online escrow process take?
» What can I buy or sell using the online escrow service?

Why use an Escrow?

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PayBax Escrow services reduces the potential risk of fraud by acting as a trusted third party that collects, holds and disburses funds according to Buyer and Seller instructions.


When should I use PayBax Escrow Services?

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An Escrow is well-suited for items purchased on auction sites, automobiles, motorcycles, domain names, jewelry, specialized computer equipment, and other high-ticket items, typically over $500 in value.


When should I use another payment method?

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If you know and trust the other party involved in the transaction you can save money by simply using the PayBax Bucks service.


What are my payment options?

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Wire transfer, and in some cases PayPal, credit card (American Express, Discover, MasterCard and Visa) and check/money orders.


How long will the online escrow process take?

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It depends upon: 1) the inspection period agreed upon by both parties; 2) the Buyer's method of payment; 3) Delivery time from Seller to Buyer; 4) Seller's selected disbursement option. Expect 5 to 20 days to complete an escrow.


What can I buy or sell using the online escrow service?

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You can use our online escrow service for most tangible goods such as vehicles, electronics, and general merchandise or non-tangible items such as domain names. PayBax Escrow will not handle transactions involving illegal items such as drugs, weapons, etc. as defined by current laws. Your country may have regulations about sending certain items to foreign destinations (example: US-based software with cryptographic security). Consult your country's laws regarding import-export regulations.


 

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