Why Use eName Escrow Service?
eName is No.1 domain name escrow service provider. eName escrow service adds trust to the transaction. eName escrow service reduces the potential risk of fraud by acting as a trusted third party that collects, holds and disburses funds according to Buyer and Seller instructions. Buyer own the domain name only after he make the payment. Seller could receive the domain name payment after transfer the domain name.
How does eName escrow service work?
1. The buyer or seller notifies eName for opening a domain escrow service.
2. eName checks the escrow application (price/owner an so on) and then open an escrow.
3. The buyer makes the payment to eName in 3 business days.
4. After checking the payment and receiving the transfer notarization from the seller,eName transfers the domain to buyer in 3 business days.
5. After the transfer being finished, eName releases the money to the seller within 3 business days.
Domain escrow transactions can vary in price and typically cost 10% of the sale/purchase price,but $50 at least and $2000 at most.
The Buyer submits an available payment option. Escrow.com verifies the payment. Processing time varies by payment method.
Upon payment verification, the Seller is authorized to ship merchandise and submit tracking information. Escrow.com verifies that the Buyer receives the shipment.
Escrow.com pays the Seller by the method selected by the Seller. The transaction is complete.