GlobalTradeConnect.com Adopts Escrow.com for Safe Transaction Processing
Escrow.com, the world's leading Internet escrow company, is pleased to announce a strategic partnership with GlobalTradeConnect.com, the most user-friendly B2B network in the world, where Escrow.com will be the exclusive escrow provider for GlobalTradeConnect.com buyers and sellers.
Companies Share Commitment to Crafting a Worldwide Safe Trading Environment
Orange County, CA. March 26, 2013
Escrow.com, the world's leading Internet escrow company, is pleased to announce a strategic partnership with GlobalTradeConnect.com, the most user-friendly B2B network in the world, where Escrow.com will be the exclusive escrow provider for GlobalTradeConnect.com buyers and sellers.
"Our services strengthen the competitiveness of U.S. industry by allowing safe transaction processing that equally protects both buyers and sellers. No other trade payment option can make that claim," says Brandon Abbey, Escrow.com President and Managing Director. "A partnership with GlobalTradeConnect.com is strategically important as it helps us achieve our goal of being a catalyst that will help increase U.S Export Trade volume."
Escrow.com's services are available worldwide and eliminate risk for sellers, for non-payment, and buyers, for non-delivery or misrepresentation of goods. When using the service, both parties agree to the terms online and the Buyer sends the agreed-upon funds to Escrow.com. The company then verifies the payment and instructs the Seller to ship the goods. Upon delivery, the Buyer has a pre-determined amount of time to inspect and accept the goods. Once accepted, the funds are released by Escrow.com to the Seller. The cost of using Escrow.com is extremely reasonable in comparison to other payment options and the escrow fees can either be paid in full by one party or split evenly between the buyer and the seller.
"The team here at GlobalTradeConnect.com has taken the time to develop a new way of conducting online trade. The transparency we offer is like nothing else seen on the market today." says Kapil Kalra, GlobalTradeConnect.com Chief Executive Officer. Kalra continues, "When you couple the competitive nature and inherent risks of doing business online, we view Escrow.com's service to be paramount to us providing a successful and secure trade environment to our customers."
Global Trade Connect based in Alberta, Canada, with offices in the US and Asia, specializes in facilitating trade of products and services on a global level. GlobalTradeConnect.com is a Social B2B Network with key features of traditional B2B Networks as well as popular Social Media sites. GlobalTradeConnect.com will offer its clients a FREE platform with key features such as a Digital Warehouse for products and services; tools for instant communication; targeted search results; means to increase contacts globally; secure payment terms; and will serve as a one-stop-shop for all daily business activities.
Andrew K. Sokol - Escrow.com GM, Emerging Markets - said, "We are proud to be working with the team at GlobalTradeConnect.com. Since day one they made it clear that they desire to take the lead in protecting those involved in international trade." Sokol added, "And that’s exactly what we do on a daily basis!"
About Escrow.com
Headquartered in San Francisco, CA, Escrow.com, a privately held company, has pioneered the process of online escrow services. The Company, founded in 1999 by Fidelity National Financial, has established itself as the leading provider of secure business and consumer transaction management on the Internet. All escrow services offered on this Website are provided independently and exclusively by Internet Escrow Services(SM) (IES), one of the operating subsidiaries of Escrow.com. IES is fully licensed and accredited as an escrow company and is subject to compliance with all applicable nationwide escrow regulations.