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Escrow PaymentsBrief Description Our optional escrow system serves as insurance that you either get your trade or get paid. If used, the trade starts as a purchase, with the payment "frozen" in an escrow account. If both users confirm that they received the other person's trade, then the money is returned to them. If one user sends their item and other does not, the user who did send their item receives the other user's escrow payment and also gets their own escrow payment back; the trade essentially becomes a sale. **NOTE: Be sure to ship your item with a trackable method to prove that it was sent and delivered! Without proof of shipment, and if the other user does not receive your item, you may lose your escrow payment. Details CareToTrade.com provides users with escrow payment options to help projects get completed smoothly. Members can set aside a specific amount of money into an escrow account on CareToTrade.com. Both users can then view the payment in the escrow account, but only the Owner can transfer the money from the escrow account to the other Member. If the project gets completed, the escrow money will be returned to the owner who makes the escrow. If the project is cancelled amicably, the Service Provider can cancel the escrow payment and the money will return to the Service Buyer's account. If there are any disputes over a project, CareToTrade.com staff must be contacted before any money can be moved from the escrow account. Contact us if you have any questions about Escrow Payments. |
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