Planet Multimedia reports that PayDutch will introduce a light-weight escrow service for securing Internet payments. The system is based on the iDEAL internet-payments functionality of Dutch banks. For 1 euro per transaction, a buyer can get added security by paying/escrowing via PayDutch. Once the goods have arrived in good shape, PayDutch will forward the money to the seller.
It will be interesting to see if this light-weight type of escrow will fly...
