The buyer sends the agreed amount to the escrow service. The seller ships the merchandise. The buyer inspects the merchandise. The buyer accepts the goods and the escrow service pays the seller. Benefits for Buyers Buyers are able to inspect the merchandise before the payment is finalized - there is no buying sight unseen.
Buyers have the ability to return unsatisfactory items.
Takes the worry from buying from unknown sellers. No need to send personal information to an unknown party. Benefits for Sellers Sellers are protected from bad credit cards. Especially useful for high value items such as computer equipment, electronic goods and antiques, and for transactions across the country or across the globe. Added security for both parties.