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When I have sold a domain, I send them an invoice with my full contact details, and give them the payment terms, which is usually something like, payment within between 3 and 10 days, and the transfer will be done after full payment has been received. I usually ask to be paid straight into my UK bank account. Others here like Paypal but I'm not sure whether that can open you to reversals.
If the buyer isn't happy paying me first, I would say they can use an Escrow service as long as they pay the costs.
For reputed Acorn Domainers I am usually prepared to move faster, but most of them pay me pretty quickly anyway.
Rgds
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