AID FINANCE Escrow is an online escrow payment service accredited with the Better Business Bureau.
An escrow is a financial and legal agreement designed to protect Buyers and Sellers in a transaction. For a fee, an independent third party holds payment until everyone fulfills their responsibilities in the transaction.With an escrow payment, the Seller will only receive the funds when the Buyer has received and accepted the products and/or services that are part of the transaction. However, the Seller knows they will receive payment because AID FINANCE Escrow is holding the funds on their behalf.
How does www.aidwallet.space work?
Aidwallet.space reduces the risk of fraud by acting as a trusted third-party that collects, holds, and only disburses funds when both the Buyer and Seller are satisfied.
- Buyer and seller agree to terms. Either the Buyer or Seller initiates a transaction. After registering at AID Wallet, all parties agree to the terms of the transaction.
- Buyer pays AID Finance. The Buyer submits a payment by approved payment method to our secure Escrow Account, Escrow.com verifies the payment, then the Seller is notified that funds have been secured “In Escrow”.
- Seller ships merchandise to Buyer. Upon payment verification, the Seller is authorized to send the merchandise and submit tracking information. AID Finance verifies that the Buyer receives the merchandise.
- Buyer accepts merchandise. The Buyer has a set number of days to inspect the merchandise with the option to accept or reject it. If not approved, the Buyer will raise a dispute and enter the dispute resolution process.
- AID Finance pays the Seller. If the merchandise is accepted, AID Finance releases funds to the Seller from the Escrow Account.
