'Escrow' is a system which has been used for many years in trade. Payment for goods is
made by the buyer to an independent, trusted third party who does not release that money
to the seller until they are notified by the buyer that the goods have arrived in
good condition and are as described by the seller. The third party then releases the money
held 'in escrow' to the seller.
The escrow concept lends itself very well to
Online Auctions and the internet trading environment, offering
buyers the peace of mind that they cannot be defrauded by sellers offering non-existent,
sub-standard or misrepresented goods.
Fees and How it Works
is CQout's in-house escrow service which has its own terms and conditions, and under which
CQout adopts different responsibilities and liabilities from those of the standard
service. These are described fully under SecurePay
Can you guide me 'step by step' through the
You can see a step by step explanation of the process, and check on progress
of your items by logging into the SecurePay service here:
Be Aware of Fake Escrow Sites:
You are advised to only use an escrow service by a company such
as CQout that you know and trust. There are many fake and fraudulent escrow
services. Do not be persuaded by another user to use an escrow service that you
do not trust.