Escrow.com continues to raise the bar for secure Internet payment systems. We have clients all over the world that would not be in business without the Escrow.com system. More and more individuals and companies are coming to Escrow.com to secure their transactions. With Internet fraud at an all time high we are prepared to meet the challenges the next ten years will bring.
Irvine, CA (PRWEB) July 22, 2009
Escrow.com is proud to celebrate 10 years as a reliable source for online transactions. Founded in 1999, Escrow.com has seen steady growth since launching a decade ago and now successfully handles thousands of transactions each month.
As ecommerce grows year over year, so does the amount of online fraud and identity theft claims. According to a recent FBI survey of internet crime complaints received in 2008, the top two - non-delivery and auction fraud - comprise nearly 60% of all complaints. Escrow.com covers those issues specifically and reduces the risk of potential fraud by acting as a trusted third party that collects, holds and disburses funds according to the buyer and seller instructions.
Online escrow is ideal for the purchase of high-ticket items such as cars, domain names, jewelry, boats, cameras and collectibles in situations where the buyer and seller do not know one another and to insure protection against payment or merchandise fraud. Unlike a credit card processor, Escrow.com allows the buyer to receive, test and accept his/her purchased goods, while the seller receives payment promptly and without the worry of fraud.
Endorsed by many of the largest e-commerce companies as "The legitimate online escrow service," Escrow.com is licensed by the state of California and handles both domestic and international transactions. Its easy, step-by-step online interface allows buyers and sellers to log in and see the money in escrow, whether the buyer has received the merchandise, if a vehicle has been shipped, and other steps along the escrow process.
"Escrow.com continues to raise the bar for secure Internet payment systems. We have clients all over the world that would not be in business without the Escrow.com system. More and more individuals and companies are coming to Escrow.com to secure their transactions. With Internet fraud at an all time high we are prepared to meet the challenges the next ten years will bring."
For more information go to Escrow.com.
Founded in 1999, Escrow.com is a privately held company that has pioneered the process of online escrow services. Founded originally by Fidelity National Financial, Escrow.com has established itself as the leading provider of secure business and consumer transactions on the internet. Escrow.com adds trust and protection for online buyers and sellers.
For more information visit Escrow.com.
CONTACT: Andee Hill, Media Relations Manager, Escrow.com. 949-790-5899.