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Rapid Escrow & Logistics
Rapid Escrow & Logistics

What is Rapid Escrow?

Rapid Escrow is an online escrow payment service headquartered in San Francisco, California. We’re registered in California, licensed as an escrow service, and accredited with the Better Business Bureau.

Since Rapid Escrow was founded by Fidelity National Financial in 1999, we have securely handled transactions worth more than $4.5 billion. In 2015, Freelancer.com bought Rapid Escrow, and the firm has continued to grow internationally, opening offices in Sydney, Buenos Aires, and Manila.
What does “escrow” mean?

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 Rapid Escrow is holding the funds on their behalf.


When to Use an Escrow Service

People use escrow services for online high-value transactions when they don’t know each other. We protect Buyers, Sellers, and Brokers equally, thereby eliminating any risk of conducting transactions with unknown parties. No matter where you’re selling or buying goods and services online, whether an auction site, an online marketplace, or a B2B e-commerce site, an escrow service will assure your safety. “Buy or sell anything online safely, securely, and confidentially.” Rapid Escrow is a regulated and audited service that you can trust to protect you. By treating both parties involved in the transaction equally, Rapid Escrow makes buying and selling online much safer.

What can you buy or sell with Rapid Escrow?

Rapid Escrow can help you safely buy or sell a variety of goods and services online. From digital products to a variety of high-value merchandise, Rapid Escrow offers priceless peace of mind when you’re transacting with unknown parties.
Our customers use Rapid Escrow to sell a wide range of items, including IPv4s, artwork, personal protective equipment (PPE), luxury goods, and various other general merchandise.

How does Rapid Escrow work?

Rapid Escrow 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 Rapid Escrow, all parties agree to the terms of the transaction.
  • Buyer pays Rapid Escrow. The Buyer submits a payment by approved payment method to our secure Escrow Account, Rapid Escrow 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. Rapid Escrow 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.
  • Rapid Escrow pays the Seller. If the merchandise is accepted, Rapid Escrow releases funds to the Seller from the Escrow Account

Get started now or learn more about the benefits of using Rapid Escrow.

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