Reglikedomain industry desk

Minimum fee to $10 — Escrow.com drops

Minimum fee to $10 — Escrow.com drops

Modest transactions are now cheaper at Escrow.com.

Escrow.com is dropping its minimum fee on transactions to $10.

This will lower the price clients pay for the standard service for any transaction under $775. It will lower the price for transactions using a credit card under $400.

Escrow.com GM told Reglike that this move was made to compete with PayPal. “This will give people escrow protection without the need to pay $25 on a $300 domain,” he stated. “$10 makes it a no-brainer.”

Payoneer, a competing escrow service, also has a $10 minimum.

Also on the wire

Other reporting from the domain desk.