To combat these so called online fraudulent activities, secure online payment systems have been introduced.
Escrow is such a system, monitored and regulated by escrow agents, providing security for both the buyer and seller involved in the transaction.
An Escrow service should add trust to a transaction, reducing the potential risk of fraud by acting on a trusted third party that collects, holds and disburses funds according to buyers and sellers instructions.
The Escrow services are known as E-Trust. E-Trust services are provided by a licensed and regulated Escrow agent.