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Author Topic: What is Escrow payment ?  (Read 1105 times)
iqlimasyadiqa
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March 04, 2017, 10:43:14 AM
 #21

I would like  to get information about it . What is it ?
I think escrow is the third person to conduct transactions through it, for example if you buy or sell something, but you do not trust the buyer, or a seller, you can use the services of escrow or arguably a third person, so if you buy or sell currencies in the clutch the third person, namely that all the transactions declared safe by escrow. but keep in mind look for escrow to be really honest and safe, so no disappointment later with you.
I agree with you . we must choose the escrow that has good quality and integrity. because bitcoin we have held entirely by an escrow. never try to pick the wrong. because our lives are at stake by selecting the proper an escrow.
"In a nutshell, the network works like a distributed timestamp server, stamping the first transaction to spend a coin. It takes advantage of the nature of information being easy to spread but hard to stifle." -- Satoshi
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jeraldskie11
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March 04, 2017, 01:12:57 PM
 #22

It has a buyer and seller where you need to escrow it to prevent scam because they put payment first into escrow before they continue the business which all of the two are trusting each other. It is usually used in the signature campaign, where they need to escrow the payment or in short they semi-paying you already so that they will not scam you. That's the reason why advertisers not joining that kind of service that doesn't escrow the funds.

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March 04, 2017, 04:18:24 PM
 #23

I would like  to get information about it . What is it ?
Escrow agents are the mediator of transactions between two people or parties etc.
At a very elementary level.
Consider an example -
You run a company and you have to pay to 100 of your employees .
It would be better if you work more for the development of your company,
Rather than preparing 100 cheques or cash or BTC worth that much to be given.
Also there is always a scope of mistake.
So escrow agents are the people hired to do this work.
And a payment given by escrow agent is called escrow payment.
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