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October 05, 2017

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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 Lowers Minimum Fee to $10 to Provide Buyers and Sellers a Better Option Than PayPal

Escrow.com, a service that the vast majority of domain buyers and sellers have used at one time or another to secure their transactions, has made a major change in their fee structure. The  company has dropped its minimum fee from $25 to $10 to target the high volume of transactions that take place in the $300-$700 range. At that level many have opted to use PayPal even though doing so could result in them losing their domain, money or both through a chargeback. 

At $10 Escrow.com now costs about the same as PayPal but offers a much better value proposition with its promise of a secure, successful transaction for both sides. The Escrow.com announcement noted, "Unlike credit cards or PayPal, Escrow.com does not allow chargebacks against sellers, and keeps buyers safe by guaranteeing that their funds will only be disbursed when they are 100% satisfied with the goods or services they have received."

Escrow.com General Manager Jackson Elsegood added, "Escrow.com is the safest and most cost effective way to buy or sell anything online. Over 1 million users have transacted 

Jackson Elsegood
General Manager

safely and easily using our online escrow platform to trade everything from motor vehicles to design services. 

(Posted October 5, 2017) 

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