How to Build an Escrow Product | Modern Treasury Journal
Thursday, January 21, 2021 Contents Note: Modern Treasury empowers teams to make payment operations simple, scalable, and secure. The “Guides” series walks through representative businesses or payment processes and explains step by step how best to go about building them from scratch. Introduction Escrow is a payment setup where the payer sends funds to a third party rather than directly to the payee. If certain conditions are met, the third party routes the funds to the recipient; if not, the funds get returned to the sender. Escrow is particularly useful for high value payments ...
Source: moderntreasury.com