how does escrow.com work? how does escrow.com make money?
What is escrow.com business model ANSWER TO THE ABOVE QUESTION Escrow.com acts as a middle man between buyers and sellers. Buyers and seller enter an agreement which includes the type of the services/ goods being sold and the terms which confirm that buyer accepts the goods he is receiving. Buyer has to transfer the money escrow.com before the goods are shipped by seller. Once buyer receives money and confirms the transaction, the money is transferred to seller. Escrow.com charges brokerage money for being a fecilitator of the deal which is a percentage of the transaction amount. They also charge between 10$-60$ for the transfer of money to the seller based on the way of money transfer he chooses. If you are not in USA and want the money transferred to your bank account they change 40$ This is how escrow.com makes money.
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