Ever heard the term ‘escrow’ and thought, “Eish, that sounds foreign”? Don’t stress - it’s super simple. Think of it as that trusted friend who holds onto something important (your cash) while two people finish a deal.
Here’s how it works on Gumtree:
Let’s say you spot a lekker deal on a phone, laptop or couch and decide to buy it using Gumtree’s Pay Online Securely process with the option to have the item delivered to your nearest Pargo location or you collect directly from the seller.
You pay using Gumtree’s secure online payment so there’s no need to carry cash or do an EFT – both of which can be a little risky or inconvenient. Instead of your money going directly to the seller, Gumtree holds it safely in escrow - basically, a secure waiting room for your funds.
Then, once you receive or collect your item and give it the thumbs-up confirming it is what you expected, you share the Approved PIN and boom: the money is instantly released to the seller. Everyone’s happy, everyone’s safe. No funny business.
In short:
You pay securely online → Gumtree holds the money → you get your item → seller gets paid.
Simple, secure and totally convenient.
So next time you’re buying or selling on Gumtree, remember - we’ve got your back with escrow. Less worry, more peace-of-mind.