With Escrow Pay we will allow you to easily create a marketplace where your sellers can accept Escrow payments.

Marketplace with Escrow Pay

Prerequisites

  • Configure your site to use Escrow Pay, see below
  • Your customer (publisher) needs to have a different Escrow account to receive payments.

Payment flow

  1. Buyer pays for a product listed on your site
  2. Escrow receives the money
  3. Your customer (publisher) ships the item sold
  4. Buyer receives and accepts the item
  5. Your customer (publisher) receives the amount in his Escrow account

Site configuration

  1. Go to your panel -> Settings -> Payments
  2. Enable Escrow Connect
  3. Enable Sandbox mode for testing purposes only

escrow oc-panel

User configuration

  1. Your customers (the publisher) will need to have an Escrow account to receive the payments
  2. With Escrow pay enabled it’s mandatory to be registered before posting an ad, this is controlled by the application.
  3. The publisher will be redirected to his profile to connect with Escrow.
  4. Once connected he will be able to sell items on your site.

Buying Process

  1. A user buys an item escrow buying process
  2. The Buyer goes to the checkout page and pays with Escrow escrow buying process
  3. Buyer is redirected to Escrow checkout to create an account or login with an existent account escrow buying process
  4. Buyer makes payment escrow buying process
  5. Buyer can mark an order as paid if pays with wire transfer and Escrow has secured the payment escrow buying process
  6. Seller ships the item and marks the order as shipped escrow buying process
  7. Buyer receives the item and marks the order as received escrow buying process
  8. Buyer can mark an order as accepted if is satisfied with the order received. escrow buying process
  9. Seller receives payment


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