4 June 2017
Sellers don't want to ship goods without assurance of payment. Conversely buyers don't want to make payments without assurance of shipment and or that the quality of the quality of the merchandize is as promised.
This order type represents a simple escrow order for goods, in which the buyer transfers funds into escrow, the supplier ships the goods to the buyer, and then upon delivery, the buyer has the option to release payment or initiate a dispute.
STEPS TO GET PAID
STEP 1: Buyer initiates purchase; funds Escrow Account
STEP 2: Seller receives Buyer's order; escrow payment confirmed; ships goods
STEP 3: Buyer inspects goods, releases funds from escrow, or initiates dispute
STEP 4: Seller receives funds