Escrow.com and Marketplace.Live Partnership Enhances Payment Security for High-Value Transactions
TL;DR
Escrow.com's integration with Marketplace.Live gives Shopify merchants a competitive edge by enabling secure high-value transactions that expand business opportunities into luxury goods and collectibles.
Escrow Pay holds buyer funds in escrow until item verification, providing milestone-based payments and fraud protection through a regulated financial institution for secure transactions.
This partnership builds trust in online marketplaces by protecting both buyers and sellers from fraud, creating a safer and more reliable e-commerce environment for everyone.
Escrow.com has secured over $7.75 billion in transactions since 1999, now bringing bank-grade protection to Marketplace.Live for rare collectibles and luxury goods trading.
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The strategic partnership between Escrow.com's Shopify tool, Escrow Pay, and the peer-to-peer marketplace platform Marketplace.Live introduces significant payment protection enhancements for users engaging in high-value transactions. This collaboration enables Marketplace.Live users to utilize Escrow Pay at checkout, providing enhanced security for purchases of collectibles, electronics, apparel, and other valuable goods.
Benjamin Dias, Founding Member of Marketplace.Live, emphasized the commitment to trust, stating that adding Escrow.com reinforces the platform's promise of security. Marketplace.Live, known for its live-selling technology and integrations with Shopify Stores and eBay accounts, expands its appeal to users trading higher-value items who require bank-grade protection through this collaboration.
Matt Barrie, Chief Executive of Escrow.com, highlighted the suitability of escrow services for peer-to-peer marketplaces where trust is paramount. The integration demonstrates how easily Shopify merchants can incorporate Escrow Pay, available on the Shopify App Store, into their digital storefronts with minimal effort.
This service opens new business opportunities by enabling secure transactions for vehicles, property, web domains, and other high-value items. Users benefit from protection against fraud, misrepresentation, and non-delivery, with funds held in escrow until items are received and verified. Escrow.com, having facilitated over $7.75 billion in secured transactions since 1999, brings regulated financial institution standards to Marketplace.Live, ensuring transparency and safety through milestone-based payments.
The partnership addresses growing concerns about online transaction security, particularly in markets for rare collectibles and luxury goods. By providing a secure, regulated solution, it mitigates risks for both buyers and sellers, fostering confidence in digital commerce. This development reflects broader trends toward enhanced payment protection mechanisms in e-commerce platforms, supporting the growth of peer-to-peer marketplaces across Texas and beyond.
Curated from 24-7 Press Release
