What is Escrow? How Does Escrow Work In Carders Forum?

[ESCROW]

Escrow Service:​

How it works An escrow service is created to help safeguard both sellers and buyers by keeping money securely until the conditions of a given transaction are met.

Process Overview: ​

The buyer issues a transaction and notifies the escrow service of the transaction. The pay instructions are given through the escrow service. The escrow account receives the buyer's money. After the escrow has received the payment, the seller provides the agreed product or service. When the buyer is satisfied, the escrow service will release payment to the seller. In case of a conflict, the escrow acts as a mediator to resolve the matter and can even reimburse the buyer.

Key Points:​

Each escrow transaction is charged a small fee (5 percent of the transaction amount). All the transactions must have their own discussion thread or case file. The discussion about the deal is to be conducted by the parties involved in the agreement only. Service fee is not refundable when transactions fail. Bitcoin) is secured using cryptocurrency and transparency.