29 Mar '12, 1am

Transpact drops escrow fees on U.S. dollar transactions (and it's really cheap)

Escrow company’s already low fees drop for customers transacting in U.S. dollars. I know a couple things about Transpact : a handful of readers have used it for domain name escrow and its services are ridiculously inexpensive. Today I got an email from the company about a pricing change for U.S. dollar transactions. Transactions up to $2,500 are now $9.99 per party per transaction with a $15 payment fee for any U.S. dollar disbursement over $100. So basically any transaction up to $2,500 in U.S. dollars is about $35. Previously is was $24.99 per party. That’s a seriously low fee. But it’s prices are even more out of line with industry norms for big dollar transactions. There are no percentage fees. There’s just a “large payment” surcharge. For example, an $18,000 transaction would have the same $9.99 per party fee, plus the $15 payment fee, plus a $14.72 large fee surcharg...

Full article: http://domainnamewire.com/2012/03/28/transpact-pricing-us...

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