A buyer and seller enter into an online business transaction.
The buyer sends a payment to the escrow service via credit
card, personal check, money order or cash.
Money is placed in a bank escrow account and held there until
it's available i.e.: five days for a personal check to clear, two
days for a money order. Credit card purchases can be expedited
The service tells the seller to ship the purchased item within
48 hours to the buyer.
The buyer usually has 24 to 48 hours from the time the item is
received to look it over and accept or reject it.
If accepted, the service releases the payment to the buyer.
If the transaction is canceled, the buyer must return the
merchandise to the seller. The money is returned only after the
item is received by the seller.