Enter your goods purchase price to calculate your escrow fee.
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For every transaction, a fee of 2% + ₦100 is charged to cover the processing, escrow, and disbursement services. This fee can be paid entirely by one party or split between the buyer and seller at varying percentages, allowing for flexibility and fairness. There are no hidden charges and transaction fee is one of the lowest in the industry.
If you've agreed to pay all or some of the fee, it's automatically added to the purchase price of the item you are buying.
Upon initiating a transaction, sellers and brokers have the freedom to specify their preferred disbursement method. Once all transaction terms are met and verified, PayScrow.net will credit the seller's wallet. From there, the seller can easily request a withdrawal for their funds. The processing time for withdrawals is the same or the next business day, in line with their chosen disbursement method.
For transactions involving shared escrow fees, the agreed-upon amount will be deducted transparently from either the purchase price or the broker's commission, ensuring fairness and accountability throughout the process.
Understand the basics of PayScrow's secure online payment solution
Understand the transparent and flexible transaction fee structure of PayScrow's services.
Understand how PayScrow protects your privacy and data.
Learn about how PayScrow resolves transaction disputes.