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Old 04-17-2007   #1 (permalink)
marigot
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Join Date: Apr 2007
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Default chargebacks and escrow

One thing I am real curious about. I have thought about using escrow(dot)com to sell some domains but they accept credit cards as payment.

So how does that protect me or anybody else. The person gets the domain name, you think you have your money, everything is confirmed and concluded, then 2 months down the road, the person does a chargeback on their cc.

How is the seller protected? Does escrow eat the cost and the seller keeps her money? Or is the seller hit with the chargeback and therefore lost the domain and the money?
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