Escrow.com Adds Security to Moving and Shipping Transactions
The 8th annual Domain Name Wire Survey results are in and for the sixth year in a row, domain investors chose Escrow.com as their escrow service of choice. While earning an astounding 66% of the votes this year (up from 60% in 2012), Escrow.com continues to prove itself as the undisputed leader in domain escrow services.
Payment option protects consumers and shippers from fraud
Orange County, CA. February 26, 2013
Escrow.com, the pioneer of online escrow services, and CitizenShipper.com, a leading online shipping marketplace, today announced a strategic relationship where Escrow.com will become the preferred method of payment and exclusive escrow provider for CitizenShipper.com transactions.
The strategic relationship is significant for CitizenShipper.com as they will now be able to offer equal protection for shippers, for non-payment, and consumers, for non-delivery of goods. "The adoption rate of consumer and business portals recommending Escrow.com has been significant," says Andrew K. Sokol - Escrow.com GM, Emerging Markets. He adds, "Working with the folks at CitizenShipper.com is proof again that these portals want to provide the safest and most secure environment possible."
CitizenShipper's goals are to reduce the US carbon footprint and save consumers money by matching shipments and moves with routes already mapped out by drivers, movers and truckers. And with 29% of trucks on the roads today driving empty (US Department of Transportation, 2012), Richard Obousy, CEO of CitizenShipper.com, says "With savings as high as 90% over traditional shipping more and more people are coming to CitizenShipper to ship their stuff." Obousy continues, "By working with Escrow.com we further our ambition to create a secure marketplace and a safe environment for transactions."
When using Escrow.com, Shippers are protected against non-payment and Consumers are protected against non-delivery of goods. It takes minutes to set up a transaction and once both parties agree to the terms, the Consumer is instructed to make payment to Escrow.com. Once funds have been secured Escrow.com notifies the Shipper to pick up and deliver the goods. Upon delivery, the Consumer then logs back on to Escrow.com to confirm acceptance of the goods.
Brandon Abbey - Escrow.com President and Managing Director says, "Like other verticals in the eCommerce space, the shipping and moving industry has had significant issues with fraud." Abbey adds, "We provide a risk-free solution that protects both sides of the transaction equally. I envision Consumers asking to use our service and Shippers offering it as the only secure payment option available. We look forward to a long term and successful partnership with CitizenShipper."
CitizenShipper.com is an online shipping marketplace that utilizes a peer-to-peer, auction-style platform to connect people in need of shipping services with drivers, haulers, and transporters throughout the United States and Canada, offering one of the cheapest shipping marketplaces on the web. Launched in 2008 and headquartered in Denver, CO, CitizenShipper.com was originally designed to connect people who need items shipped to a particular location with people already traveling in that direction. The company serves more than 39,000 members and is used for cheap shipping and delivery services.
Headquartered in Rancho Santa Margarita, CA, Escrow.com, a privately held company, has pioneered the process of online escrow services. The Company, founded in 1999 by Fidelity National Financial, has established itself as the leading provider of secure business and consumer transaction management on the Internet. All escrow services offered on this Website are provided independently and exclusively by Internet Escrow Services(SM) (IES), one of the operating subsidiaries of Escrow.com. IES is fully licensed and accredited as an escrow company and is subject to compliance with all applicable nationwide escrow regulations.