Money

  • Written by Leon Spencer

Escrow.com, the world’s most secure payment system for cars, boats, aeroplanes, domains or anything of value, launches in Australia, introducing Australian Dollar capability for online escrow payments


Escrow.com, the leading provider of secure online payments and online transaction management for consumers and businesses on the Internet, has launched Australian Dollar capability to its escrow service, offering a safe and secure sale for local both buyers and sellers transacting big-ticket items.


Escrow.com can be used for secure transactions involving any item of value, including domain names, vehicles, machinery, aircraft, space station hotel deposits or anything that a business or an individual might want to buy or sell safely online.





Escrow.com, which has safely processed over US$3.5 billion in transactions with its secure escrow service, acts as a trusted third-party that collects, holds and only disburses funds when both a buyer and a seller are satisfied with a transaction. It is ideal for transaction sizes from $100 to $10,000,000 or more.


Now, for the first time, merchants and online marketplaces in Australia have the ability to tap into the security and power of Escrow.com, ensuring safe transactions for buyers and no chargebacks, ever, for sellers.


“Escrow.com has already made a name for itself in other markets, delivering unprecedented safety and security for online transactions, thanks to the escrow process, which sees funds kept in trust until all involved parties are satisfied with the deal,” said Escrow.com General Manager Jackson Elsegood. “With the launch of Australian Dollar capability, buyers and sellers in Australia can now make the most of what this escrow process has to offer.”


Escrow.com’s Australian Dollar launch comes just weeks after the launch of Escrow Offer, the easiest way to introduce the power of price negotiation into online platforms. This followed the release of Escrow Pay, which lets businesses integrate the protection provided by the powerful Escrow.com API directly into their websites, mobile apps and online marketplaces.


About Escrow.com

Escrow.com is the leading provider of secure online payments and online transaction management for consumers and businesses on the Internet, having safely processed over US$3.5 billion in transactions. Founded by Fidelity in 1999, Escrow.com reduces the risk of fraud by acting as a trusted third party that collects, holds and disburses funds according to buyer and seller instructions.

Escrow.com is also 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.

Escrow.com is a subsidiary of eleven-time Webby Award winning Freelancer.com, the world’s largest freelancing and crowdsourcing marketplace by number of users and jobs posted. Freelancer Limited is listed on the Australian Securities Exchange under the ticker ASX:FLN

Politics

Scott Morrison at Australia-Israel Chamber of Commerce

QUESTION: I suppose one question I'll ask is about the role of social media, YouTube, Facebook. And the sort of thought process that we’re having as a nation of how we can create that sort of societ...

Scott Morrison - avatar Scott Morrison

Delivering the rail links Western Sydney needs

The Morrison and Berejiklian Governments will ensure the Western Sydney International (Nancy Bird Walton) Airport has a metro rail line in time for its opening.   The Prime Minister said his Gover...

Scott Morrison - avatar Scott Morrison

Nancy-Bird Walton immortalised at Western Sydney Airport

Australia’s biggest aviation project will honour one of the nation’s trailblazing stars of the sky.   The $5.3 billion Western Sydney Airport will officially become Western Sydney International (N...

Scott Morrison - avatar Scott Morrison

Business News

The Dollar Shave Club of contact lenses is now available to Aussie contact lens wearers

SYDNEY, AUSTRALIA — Finally, an Australian-made and owned contact lens business has launched direct to consumers, making the lives of thousands of Australians easier and more affordable with just a ...

Georgie Zonneveld - avatar Georgie Zonneveld

Psychologist’s 8 tactics to build resilience in the workplace

A clinical psychologist from Wesley Hospital has identified low resilience as a major factor impacting the mental and physical wellbeing of employees. He is calling for more awareness around the nee...

Sophie Harrison - avatar Sophie Harrison

Intense Growth As Car Next Door Launch Capital Raise

Releasing internal revenue figures for the first time, Car Next Door has achieved marketplace revenue of $10m last year and is on track to almost double that again in 2019 as it marks the start of a...

Car Next Door - avatar Car Next Door

Travel

The Gold Coast is famous for fun but it is also famous for horrible traffic issues

The Gold Coast is a great place for a holiday but there are problems that tourists need to be aware of. The Gold Coast airport is a busy place. Thousands of visitors arrive every day from around the ...

Holiday Centre - avatar Holiday Centre

Older generation Australians are embracing solo travel

Allianz predicts a rise in solo travel in 2019, revealing those most likely to ‘go -it-alone’ among the 50+ age group   The popular ‘solo travel’ trend is predicted to continue in 2019 with mor...

Media Release - avatar Media Release

Fun Things You Must Do In Perth

Perth: Sun, sand and 19 beaches might seem to sum up the city, but not quite. The sunniest capital city in Australia offers so much more for you to do. Regardless of what your idea of fun is, you wi...

News Company - avatar News Company