20i Domains

Escrow now support GBP transactions.

Discussion in 'General Board' started by mojoco, Mar 7, 2019.

  1. mojoco United Kingdom

    mojoco Well-Known Member Exclusive Member

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    Just received this email....

    "We are excited to announce that we have enabled currency support for the Pound Sterling (GBP). This new capability means that escrow transactions in GBP involving any item of value, including domain names, vehicles, machinery, aircraft, or anything that a business or an individual might want to buy or sell online, are now possible.

    Our GBP support comes just a few months after the launch of Escrow Offer, the easiest way to introduce the power of price negotiation into online platforms. This followed the release of Escrow Pay, which lets businesses integrate the protection provided by the powerful Escrow.com API directly into their websites, mobile apps and online marketplaces. "


    https://www.escrow.com/
     
  2. Domain Forum

    Acorn Domains Elite Member

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    articles.co.uk
     
  3. martin-s United Kingdom

    martin-s Well-Known Member

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    Still bloody expensive compared to Transpact though
     
  4. mojoco United Kingdom

    mojoco Well-Known Member Exclusive Member

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    Agreed, however I have found some buyers have lack of confidence in Transpact simply because they are relatively unknown compared to Escrow.com
     
  5. Ben Thomas

    Ben Thomas Well-Known Member

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    About time to be honest.
     
  6. TinkyWinky United Kingdom

    TinkyWinky Active Member Acorn Supporter

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    About 8 years overdue... if i think back to using them then and the 'it's coming soon' emails I got from their business team!!
     
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  7. bluerock United Kingdom

    bluerock Well-Known Member Full Member

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    Ive used Transpact many times and never had any problems. They're always at the other end of a telephone if you need to chat to them.

    Good fast service and very cheap!
     
  8. mojoco United Kingdom

    mojoco Well-Known Member Exclusive Member

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    I've never had a problem using Transpact either, but I have had a problem convincing some buyers that Transpact is a viable alternative to Escrow.com
     
  9. NameKart United States

    NameKart New Member

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    How much cheaper would Transpact be, for a transaction of £500?
     
  10. hal

    hal Active Member

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    I believe Escrow only support bank payments (no CC or Paypal) for GBP transactions at the moment. However based on what support told me, they do seem to have a UK bank account for this purpose.

    If somebody completes a GBP transaction with Escrow.com please let us know how it goes.
     
  11. Admin

    Admin Administrator Staff Member

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    Unbelievably late... a decade to introduce it? Transpact are good but the website looks amateurish ( actually a bag of spanners is closer), I've chatted with the MD in the past, I think they think it looks OK. Given the exact nature of what they offer it shouldnt look anything but very professional. Also, I think an EV SSL should have the same name as the domain/ trading name...but thats probably just me.
     
  12. atlas Canada

    atlas Well-Known Member

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    And Escrow.com has already stopped support GBP.
     
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  13. diablo

    diablo Well-Known Member

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    Told me that it has only been temporarily removed while they sort out some banking issues with GBP (US banking system is notoriously outdated). No set date for its return unfortunately.

    That said, given the business escrow.com does with UK customers it's a huge gap in their offering that should be easier to fix than the time already taken.