Escrow
is a deposit of funds by one party for the delivery to another
party upon completion of a particular condition or event. In the
case of online purchase a buyer makes payment to a third party,
in this case: DoBizWorld, while the seller ships the items to
the buyer. When the buyer confirms the delivery and is satisfied
with the items, DoBizWorld will then release the payment to the
seller.
Why do I need escrow?
It's just safer!
DoBizWorld reduces the potential risk of fraud by acting as a
third party that collects, holds and disburses funds on buyers'
behalf.
How
Buyers are protected:
DoBizWorld tracks the shipped merchandise
and verifies if it was delivered
In
the eventuality that disputes should occur, DoBizWorld will be
there to help both buyers and seller find a settlement
The seller isn't
paid until the buyer accepts the merchandise.
What if a seller offers to sell me
something directly, bypassing DoBizWorld?
If you receive offers from the
sellers to complete transactions directly without going through
DoBizWorld we urge you not to respond and to notify us as soon
as possible. If you accept to deal directly with a seller you
will have no one to turn to should your items not arrive or not
be what you expect. DoBizWorld cannot help you get an exchange
or refund if you choose to forgo our services during the buying
process. With our escrow service, the payment is not released
until we're sure that you are satisfied with your purchase.