A successful future is created through improving what we have at present, and Jackson Elsegood, General Manager at Escrow.com, discussed what the future had in store for payment automation. Integrating payments into the deal flow of any transaction, according to Elsegood, is a popular trend that is the “one consistent piece between the most successful players.”
Currently, the most commonly accepted forms of payment include credit card, escrow, and wire transfers. While each have their benefits, big-ticket sellers seem to prefer escrow thanks to its promise of security and identity confirmation.
Escrow.com is working to integrate payment into domain management platforms with for-sale pages, as well as in newsletters through their API. Speed is a valuable thing that benefits both buyer and seller, and the future will be all about completing transactions quickly.
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