WHAT IS ESCROW? HOW DOES ESCROW WORK?

5 simple & secure steps for Buyers and Sellers


QwikEscrow™ reduces the risk of fraud by acting as a trusted third-party that collects, holds and only disperses funds when both Buyers and Sellers are satisfied.

1 The Buyer and Seller agree to terms

Either the Buyer or Seller begins a transaction. After registering at QwikEscrow™, all parties agree to the terms of the transaction.


2 The Buyer pays QwikEscrow

The Buyer submits a payment by approved payment method, QwikEscrow™ verifies the payment, the Seller is notified that funds have been secured.


3Seller ships merchandise to Buyer

Upon payment verification, the Seller is authorised to send the merchandise and submite tracking information. QwikEscrow™ verifies that the Buyer receives the merchandise.


4 Buyer accepts merchandise

The Buyer has a set number of days (Inspection time) to inspect the merchandise and the option to accept or reject it. The Buyer accepts the merchandise


5 The Seller is paid by QwikEscrow

QwikEscrowpays the Seller by check, ACH or wire transfer. The transaction is complete.


START A TRANSACTION