Frequently Asked Questions
Clear Answers for Buyers and Sellers
Frequently Asked Questions
What is an Escrow Service and how does it work?
An escrow service is a safe way to complete a deal. The buyer’s money is held securely by Smart Contracts Escrow until the seller delivers the agreed product or service. Once the buyer confirms delivery, we release the funds to the seller.
Why should I use Smart Contracts Escrow instead of paying directly?
Paying directly carries the risk of scams, fraud, or non-delivery. With Smart Contracts Escrow, both buyers and sellers are protected. The buyer only pays when satisfied, and the seller is guaranteed payment once work is approved.
How do I start a transaction?
Getting started is simple:
Fill in the escrow agreement form.
Select your seller or service provider.
Deposit the agreed payment into escrow.
The seller delivers the product or service.
After buyer approval, payment is released.
What types of deals can I use escrow for?
Smart Contracts Escrow can be used for:
Freelance services (web design, writing, graphics, social media)
Product sales (electronics, goods, etc.)
Business transactions (contracts, rentals, partnerships)
Property sales (real estate, vehicles, land)
How much does escrow cost?
We charge a small service fee, usually a percentage of the transaction, to cover secure processing and handling. The fee is agreed upfront, so there are no hidden charges.