Escrow.com powering online payments on eBay
eBay, the world's largest online marketplace has partnered with Escrow.com, the leader for escrow services online.
How eBay works with Escrow.com
eBay integrates Escrow.com, enabling the buying and selling of vehicles online
Escrow.com is integrated into both the eBay Motors website and mobile app, and is the first digital payment option since the launch of the new eBay Motors app in December 2019.
Benefits of Using Escrow.com
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Cost effective
With low minimum fees and commissions as low 0.89%, Escrow.com is cheaper than credit cards and many other online payment methods.
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Low risk
Buyers get to review the vehicle before accepting. Likewise sellers are protected from counterparty risk with no chargebacks, ever.
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Award winning
Escrow.com is the winner of the 2017 BBB Torch Award for Ethics for Silicon Valley, San Francisco and the Bay Area, an award presented to a business that goes above and beyond in their business dealings with customers, other businesses and the community.
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Track record
Incorporated in 1999 by Fidelity National Financial, over US$4.5 billion in transactions have been protected. Escrow.com has over 21 years of operating a licensed, regulated, and regularly audited escrow service.
Escrow.com integration with eBay
About Escrow.com
Frequently Asked Questions
What is Escrow.com?
Headquartered in San Francisco, California, Escrow.com is a fully accredited and licensed escrow company in 48 US states. To date, Escrow.com has securely handled over $4.5 billion in transactions.
LEARN MOREWhat is escrow?
An escrow is a financial and legal agreement where a neutral third party (Escrow.com) temporarily holds a sum of money until the item being purchased has been delivered by the Seller to the Buyer and both parties are satisfied.
LEARN MOREHow does Escrow.com protect Buyers and Sellers?
Both the Buyer and the Seller benefit from using Escrow.com to monitor and transact the exchange of the payment for each transaction. Escrow.com verifies the Buyer's and Seller's information, protecting both parties from fraudulent users. We hold onto funds while the goods move, the services are completed, and both the Buyer and Seller are satisfied with their transaction.
Buyers
Without Escrow.com, the Buyer would be at risk of losing all their funds. The Buyer is given the opportunity to inspect the vehicle before Escrow.com releases the funds to the Seller. The Seller isn't paid until the Buyer accepts the vehicle, or the agreed-upon inspection period expires. If there is an issue with your purchase, you can return the vehicle to the Seller and have your funds returned to you from your escrow account subject to the terms of the General Escrow Instructions.
Sellers
The Seller is notified to ship the vehicle after Escrow.com verifies the Buyer's funds. After the Seller provides their tracking information, Escrow.com verifies the delivery of a trackable vehicle to the Buyer. Escrow.com ensures that the Seller receives their funds once the vehicle is delivered to the Buyer. The Seller is also protected from any unexpected chargebacks.
How can you use Escrow.com on eBay?
Escrow.com is currently availale in the United States in the following eBay categories:
- Cars & Trucks
- Classic Cars
- Collector Cars
- Electric & Hybrid Cars
- Exotic Cars
- Boats
- Commercial Trucks
- Motorcycles
- Powersports
- RVs & Campers
- Trailers
- Other Vehicles
How long does the escrow process take?
Transacting an online store through Escrow.com usually takes between five and twenty days. This allows time for the online store to be transferred and the buyer to make sure all assets are as described. The length of the transaction depends upon:
- 1. The inspection period agreed upon by both parties.
- 2. The Buyer's payment method.
- 3. Delivery time from Seller to Buyer.
- 4. Seller's selected disbursement option.
How does Escrow.com protect me?
With Escrow.com, every step in your transaction is verified with proven tracking and verification procedures.
Learn MoreWhere do I send my payment?
Your payment should be sent only after you select the payment method available on your transaction screen. Banking details will be provided to you via email once your transaction has been agreed.
Learn about Payment OptionsWhat happens to my money when I send it to Escrow.com?
Your funds remain in our secured escrow non-interest bearing trust account until the transaction concludes.