Flippa has decided to remove Escrow.com as an available payout method.
The company said that the reasons for this move are “improving the safety of transactions and reducing the transfer fees associated with Escrow on Flippa”. Back in 2014 Flippa had removed credit cards as a payment option.
New listings will no longer have the option to select Escrow.com as a payout method. However, you can use the other two options (Flippa Escrow and PayPal). You will need to update the available payout methods for your draft listing to Flippa Escrow and/or PayPal.
Flippa Escrow claims to be a fully licensed escrow service powered by Assembly Payments.
If your listing is live and if you have opted in for escrow.com, you can continue with your transaction.
What pay out methods are available on Flippa from now on?
- Flippa Escrow – Flippa Escrow is an accredited Escrow provider powered by Assembly Payments. Payments can be done via credit card or wire transfer.
- PayPal (Max. transaction of $10,000) – PayPal does not accept any payments over $10,000. Flippa recommends that you increase the safety of your transaction by using Flippa Escrow.