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TransactionPoint: The Critical Component for Managing and Settling Online Transaction
Online Marketplace
Purchase data input starts the settlement engine that automatically and electronically manages all aspects of the transaction.
Step 1: Agreement
Terms and conditions are presented to all participants, negotiated and agreed upon to create an online contract.
Step 2: Fulfillment
Participants are then prompted to complete transaction steps on time until all terms and conditions have been met and the goods has been delivered.
Step 3: Inspection
Upon receipt, the Buyer(s) inspects the merchandise within the agreed upon time frame. If rejected, it's returned to the Seller(s) per contract specifications.
Step 4: Payment
With the goods accepted by the Buyer(s), the agreed upon payment terms are triggered.
Horizontal Services
TransactionPoint integrates seamlessly with third party horizontal services including escrow, appraisals, inspections, credit insurance, finance, logistics, photography, videography and title transfer to speed your transactions along.
TransactionPoint Fees
Fees for TransactionPoint are typically less than 1% of the transaction's value. Additional volume discounts may apply. For more information, please contact Sales/Business Development.
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Neither Escrow.com, nor any of its subsidiary or affiliated companies, shall (i) be responsible for any dispute arising between the Buyer and Seller, (ii) shall have any duty to enforce any obligation of any person to make any payment or delivery, to direct or cause any payment or delivery to be made, or to enforce any obligation of any person to perform any act, (iii) shall be under any liability to anyone by reason of any failure on the part of any party hereto, or any other person, or any maker, guarantor, endorser, or other signatory of any document to perform such person's obligations under such document, or (iv) shall be obligated to recognize or perform any provisions of any agreement between the Buyer and Seller, or with any third party. |
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