ESSCROW™
is our contribution to the online trading community.
While online payments and trust systems are firmly
in place for markets like the US, the Philippine
market has yet to overcome diffculties in establishing
the foundation and attitudes and level of responsibility
necessary to reach such a secure and mature stage.
We provide a means to overcome these difficulties
at an affordable P 1,160.00/month.
HOW
THINGS ARE DONE BEFORE/ NOW
Two
parties, the Buyer and Seller, are normally involved
in a transaction. Because of the absence of online
payment facilities due to difficulty in getting
merchant accounts on part of the Seller coupled
with lack of access to credit cards on part of the
Buyer, they have no choice but to use
unsatisfactory workarounds like:
1. Buyer is expected to make a deposit to the bank
account of the Seller - thereby exposing the Buyer
to the possibiity of still not receiving the item
even if he already paid for it. Even if the Seller
can accept cards and the Buyer has one, there is
still a question of trust. Is the credit card safe
and will the item be delivered?
Or
2. Buyer and Seller send a series of text messages
to try to synchronize their schedules to work out
a suitable meeting date and time (if they can actually
agree on it) in a public place to exchange the goods
for money physically on-the-spot - thereby exposing
both to risk of theft and hardly a proper place
to be testing goods or counting money.
HOW
YOUR ESSCROW™ MEMBERSHIP CAN HELP
As
a well established company with an easily reachable
secure venue (see Contact
Us page), we overcome the problem
by:
1.
Providing a secure place to transact. Publish the
address on your Item Desciption, put a link to our
website for a detailed location map, or refer them
to the commuting/driving directions on our website.
FREE to ESSCROW™ members.
2.
Providing a receiving service for the item of the
Seller if the Buyer cannot come yet, thereby eliminating
the need to do precision synchronizing of schedules.
FREE to ESSCROW™ members.
3.
Providing a means for the Buyer to actually see
and hold the item for inspection. FREE to ESSCROW™
members.
4.
Using our ESSCROW™ service
shows your Buyers that you are confident about your
products and you understand your Buyer's concerns.
You are a professional, honest trader.
We
don't require both to be members - only at least
the Buyer or the Seller need to be an ESSCROW™
member.
HOW
MUCH DOES IT COST?
ESSCROW™
membership costs just P 1,160.00/month!
Contact
us today to know more.
ESSCROW™
stands for Essential Services for Creating Online
Welfare.ESSCROW provides an offline trust bridge
between Buyers and Sellers - thereby promoting online
welfare.