Escrow – Park Capital Partners

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How Escrow works

in 5 easy steps: Buyer and Seller agree to terms

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ALMOST ANYTHING CAN BE SECURED

WITH ESCROW

FULLY LICENSED AND ACCREDITED AS AN

ESCROW COMPANY

Government agencies perform regular audits of independently licensed escrow companies. The audit examinations serve to protect public funds, determine safety and soundness of operations and determine compliance with escrow statutes and regulations. Learn more

SAFE & SECURE PAYMENTS

Escrow by its nature is one of the world's oldest and safest forms of transaction methods. Through a neutral party, holding onto the funds while the physical assets are exchanged, ensures both buyers and sellers are equally protected.

MULTIPLE PAY IN & OUT

For domestic or global transactions, buyers can select from a range of payment methods, while sellers can choose to be paid out in a number of convenient ways. Major credit cards, bank transfers and PayPal are all accepted.

FRICTIONLESS ONBOARDING

At no extra cost, you can onboard global sellers seamlessly within your workflow when they sign up, just as they are about to transact, or wherever your workflow permits, without ever redirecting them off site.

STAY AT ARM'S LENGTH

Payments between buyers and sellers will never touch your accounts, meaning your marketplace can stay at a comfortable distance from the transaction, while staying in full control of the workflow, fee structure, and pay out schedule.

Unbeatable capability packed into a custom set pricing structure

Escrow pricing

0.5% Per transaction

Pay in

Wire Transferr Free
Domestic Cardr 2.90% + 30c
ACH Transferr 1%

These processing fees are additional to PromisePay’s standard 0.5% fee. Learn more about Multiple Payment Types.

OPTIONAL ADD ON

End user supportr 0.5%
Fraud Protectionr 0.75%

These optional services are additional to PromisePay’s standard 0.5% fee, and are optional only. Learn more about End User Support and Fraud & Chargeback Protection.

PAYOUTS