Small transactions are now cheaper at Escrow.com.
Escrow.com is dropping its minimum fee on transactions to $10.
This will lower the price customers 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 Domain Name Wire 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 said. “$10 makes it a no-brainer.”
Payoneer, a competing escrow service, also has a $10 minimum.