i skan Escrow Policy

Safe and hassle-free transactions for buyers and sellers

At i skan, we want every transaction to be safe and hassle-free. That's why we offer an Escrow Payment Method for buyers and sellers who prefer extra security.

How Escrow Works

1

Buyer Pays Through i skan Wallet

When a buyer chooses Escrow, the payment is held securely in i Skan's system (powered by our payment partner).

2

Seller Ships the Item

The seller confirms shipment or delivery of the product/service.

3

Buyer Confirms Receipt

Once the buyer confirms they received the item in good condition, the payment is released to the seller's wallet.

Our Role

  • i skan acts only as a neutral payment holder until both sides confirm the transaction.
  • We are not the seller or the buyer, and we do not guarantee the quality, legality, or authenticity of items.

Fees

  • Maximum of 5% escrow fee applies per transaction, which helps us cover payment processing, fraud checks, and platform development.
  • Standard withdrawal and payment partner fees may also apply.

Disputes

  • If there's a problem with a transaction, i skan may hold the funds temporarily while both parties provide supporting documents.
  • If no resolution is reached, i Skan reserves the right to refund the buyer or release payment to the seller based on available evidence.

Outside Transactions

Transactions made outside i Skan (direct payments like cash, GCash-to-GCash, or bank transfers) are not covered by Escrow. i skan holds no responsibility for disputes in such cases.

Secure Transactions

Our escrow system provides an extra layer of security for your peace of mind. Trade confidently knowing your transactions are protected.