Ascend Escrow Payment Services Nigeria is the best escrow service provider poised to eliminate fraud associated with eCommerce in Nigeria and across Africa.
What is Escrow?
Escrow is a form of payment arrangement that involves the use of a trusted third-party who will hold the payment from the payer and release it to the payee when the payee has fulfilled certain obligations.
What is Escrow Payment?
Escrow payment refers to a special payment arrangement where a trusted escrow company acts as a third-party to receive payment from a buyer, holds it for a period of time and then release it to the seller when the buyer confirms that the seller has delivered agreed products or services to the buyer.
Escrow payment is usually used to add buyer-protection and seller-protection to a transaction.
What is Escrow Service?
Escrow service is a service offered by an escrow payment provider or company, in which the company receives payment from a buyer, holds it for a period of time and then releases it to the seller when the buyer confirms that the seller has delivered agreed products or services to the buyer.
Escrow payment service is usually used to add buyer-protection and seller-protection to a transaction.