What is Escrow?
Escrow is a financial arrangement where a trusted third party (AccountLover) holds funds securely during a transaction. The funds are only released to the seller after the buyer has successfully verified account credentials and completed all safety transfers.
Step-by-Step Handoff Process
- Step 1: Buyer Completes Payment: The buyer chooses the product, executes the order, and the money is locked in AccountLover's secure vault.
- Step 2: Seller Transfers Details: The seller is notified to provide the login data (username, password, recovery email) inside our encrypted chat.
- Step 3: Handoff Verification: The buyer checks the login details, edits recovery options (adds personal email, links phone, and changes passwords), and confirms the account meets descriptions.
- Step 4: Funds Released: The buyer clicks "Confirm Delivery" in their dashboard, releasing the payment from escrow to the seller’s balance.
Escrow Protection Benefits
- Fraud Prevention: Prevents sellers from taking the money and not delivering, and protects sellers from fraudulent buyer chargebacks.
- Fair Dispute Handling: If credentials are invalid, our support team inspects evidence logs, holds payment, and returns funds to the buyer.
