Plain-English definition

escrow

What it means

Escrow is a way of holding money safely in the middle of a deal until both sides do their part. Your app parks the buyer's payment aside and only releases it to the seller once the agreed thing is delivered, which builds trust between strangers.

In plain terms

Like a trusted friend who holds the cash during a deal and only hands it over once both people have kept their side of the bargain.

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