Escrow.com announced the launch of Escrow Offer, which allows sellers to negotiate a price for cars, boats, aircraft, domain names, jewellery, fine art and more through a Pay Now button.
Escrow Offer is a tool that can be easily integrated into the checkout payment system of websites, online stores, mobile apps, classifieds sites, or just about any online business that handles financial transactions over the Internet. It is an easy way to introduce the power of price negotiation into online platforms.
With Escrow Offer, online sellers can review offers, and either accept, reject or counter them. Negotiations proceed until a deal is reached and the secure escrow process begins.
“The ability to negotiate on price has been at the centre of business interactions for big-ticket items for generations,” said Jackson Elsegood, General Manager of Escrow.com. “Now, we’re bringing that capability into the world of online transactions, giving businesses and individuals the power of negotiation in a safe and secure environment.
“Escrow Offer allows businesses to handle multiple offers and improve online conversion rates, while finding the best price at which to sell or buy an item,” Mr Elsegood said.
Escrow Offer comes on the heels of the launch of Escrow Pay, which lets businesses integrate the protection provided by the powerful Escrow.com API directly into their websites, mobile apps, online marketplaces, classifieds sites in one line of code.
With no minimum fee, and priced as low as 0.89%, the Escrow.com Platform API is cheaper than credit cards and many other payment methods, while providing the protection of an escrow service. Escrow Offer can be integrated via the Escrow.com API or through individual Make Offer buttons.
Escrow.com can be used for transactions involving anything of value, including domain names, vehicles, machinery, aircraft or any other item of value that a business or an individual might want to buy or sell safely and securely online. Escrow.com is ideal for transaction sizes from $100 to $10,000,000 or more.
Find out more about Escrow Offer here.