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Monday 18 November 2013

What is Escrow?

 
WHAT IS ESCROW
The Escrow service on AliExpress is powered by Alipay.com, a leading third-party online payment platform from the Alibaba Group. Escrow allows you to pay securely online without exposing your credit card details. You can also track delivery of your order and payment is only released to the supplier after you confirm you've received the order. Escrow is fast, safe and easy to use!

For Buyers:
    Payment will only be released to the supplier after you confirm you've received the order.
    Track delivery using a unique tracking number on the shipping company's website.
For Suppliers:
    Escrow verifies the credit card details for every transaction.
    Escrow only asks you to ship the order after we confirm payment is received.
        WHY ESCROW
    Secure payment with VeriSign encryption
    AliExpress Escrow uses industry-leading VeriSign encryption to bring you the most secure transactions online:
    On Your Computer
    Whenever you register or sign in to our site, we verify that your Internet browser is running Secure Sockets Layer 3.0 (SSL) or higher.
    In Transit
    Information is protected by VeriSign SSL with an encryption key length of 128 bits (the highest level commercially available).
    Escrow Server
    To further protect your credit card and bank information, we never directly connect our firewall-protected servers to the Internet.
    Payment is only released after you confirm delivery
    When you make payments with Escrow, your money is deposited and held securely. Your money is only released to the supplier after you confirm your order was received in satisfactory condition.
    Full tracking on all deliveries
    You can track your order at any stage of delivery using a unique tracking number from the shipping company's website. Currently, we support the following leading shipping companies: DHL, UPS, EMS, TNT, FedEx, SF Express, China Post and Hongkong Post.
    Dispute Resolution
    If the item that was delivered to you is not what you ordered or if the delivery did not arrive 30 days after the supplier confirmed shipment, please contact the supplier immediately. You can also submit a Refund Request here.
    If no agreement is reached, please submit a Mediation Request and provide relevant evidence. AliExpress will contact both parties and mediate based on the evidence provided. All decisions made by AliExpress are final.
    HOW DOES ESCROW WORK?

        Buyer orders the product and pays securely using Escrow
        Escrow holds the payment and tells the supplier it's safe to ship order
        Buyer inspects the goods and confirms the order has been received
        Escrow releases payment to the supplier

2 comments:

  1. Now I am ready to do my breakfast, after having my breakfast coming yet again to read further news.

    ReplyDelete
  2. What a data of un-ambiguity and preserveness of valuable knowledge regarding unpredicted emotions.

    ReplyDelete