EscrowLock is an award-winning eCommerce company that has become renown as the best escrow service provider due to its popular escrow payment service.
It serves as a trusted middleman for facilitating payments between two parties, usually buyers and sellers, in order to protect each of them against any fraudulent practice by the other.
The arrangement is such that EscrowLock receives and secures payment from a buyer, and then releases it to the seller when the buyer has received the transacted goods or services in pre-agreed condition.
This effectively solves trust issues in business situations where a buyer does not trust the seller to deliver specific product or service after receiving payment, or where the seller does not trust that the buyer will send across payment after receiving goods and services.
Learn more about escrow service in Nigeria.