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October 23, 2018

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Here's the The Lowdown from DN Journal,
updated daily
to fill you in on the latest buzz going around the domain name industry. 

The Lowdown is compiled by DN Journal Editor & Publisher Ron Jackson.

Escrow.com Enables Buyer/Seller Negotiations on Their Platform With the Click of a New Button

Escrow.com, the secure online payment system so familiar to domain buyers and sellers around the world, has just introduced a new feature that opens the door to price negotiations conducted

directly on their trusted platform. It's called Escrow Offer™ and it allows sellers to negotiate a price for domains names, as well as a wide range of other goods including cars, boats, aircraft, domain names, jewelry, fine art and more - all through a convenient Pay Now button.

A company press release said Escrow Offer is a tool that can be easily integrated into the checkout payment system of websites, online stores, mobile apps, classifieds sites, or just about any online business that handles financial transactions over the Internet and called it "the easiest way to introduce the power of price negotiation into online platforms." Online sellers can review offers, and either accept, reject or counter them. Negotiations proceed until a deal is reached and the secure escrow process begins.

Jackson Elsegood
General Manager, Escrow.com

Escrow.com General Manager Jackson Elsegood said, "The ability to negotiate on price has been at the center of business interactions for big-ticket items for generations. Now, we're bringing that capability into the world of online transactions, giving businesses and individuals the power of negotiation in a safe and secure environment. Escrow Offer allows businesses to handle multiple offers and improve online conversion rates, while finding the best price at which to sell or buy an item."

Escrow Offer comes on the heels of the launch of Escrow Pay, which lets businesses integrate the protection provided by the Escrow.com API directly into their websites, mobile apps, online marketplaces, classifieds sites in one line of code.

With no minimum fee, and priced as low as 0.89%, the Escrow.com Platform API is cheaper than credit cards and many other payment methods, while providing the 

protection of an escrow service. Escrow Offer can be integrated via the Escrow.com API or through individual Make Offer buttons.

Escrow.com can be used for transactions involving anything of value, including domain names, vehicles, machinery, aircraft or any other item of value that a business or an individual might want to buy or sell safely and securely online. You can find out more about Escrow Offer here.

(Posted October 23, 2018)

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