The ASCDI Equipment Trading Network (eTN) is now offering an escrow service to all ASCDI and eTN Members.
The way the service works is very simple. A buyer and seller will execute the eTN Escrow Agreement at the time they agree upon a deal. The buyer will then send the funds for the transaction to the eTN, who will hold the funds until advised by the buyer that the deal has been completed as agreed upon. When so advised the eTN will immediately release the funds, less 1% to the seller.
The eTN Escrow Service perfectly complements the ASCDI anti-counterfeit program by offering buyers a way to withhold payment pending authentication verification of the products they purchase.
For more information on the eTN Escrow service, please contact jmarion@ascdi.com