Newzander Escrow Terms — detailed conditions governing how buyer payments are held, released, frozen, or reversed through the Newzander escrow system.
Every transaction on Newzander is protected by our escrow system. Buyer funds are held securely until delivery is confirmed — protecting both buyers and sellers.
Newzander operates an integrated escrow payment system for all marketplace transactions. When a buyer completes payment, funds are held by Newzander in escrow and are not released to the seller until the delivery confirmation conditions are met or the applicable escrow release period expires.
Newzander acts as a neutral escrow intermediary. We are not a bank, financial institution, or regulated escrow provider in any specific jurisdiction. Our escrow service is a contractual arrangement between buyers, sellers, and Newzander as platform operator.
| Stage | Status | Description |
|---|---|---|
| Order Placed | Awaiting Payment | Order created; awaiting buyer payment confirmation |
| Payment Received | Escrow Held | Funds received and held in escrow; seller notified to fulfill |
| Order Accepted | Accepted | Seller confirms order and begins fulfillment |
| Dispatched | Shipped | Seller marks as shipped with tracking information |
| Delivered | Delivered | Delivery confirmed by courier or buyer |
| Confirmed | Released | Buyer confirms receipt; escrow released to seller |
| Auto-Release | Released | Escrow auto-released after 7 days post-delivery if buyer does not confirm or dispute |
Funds held in escrow will be released to the seller upon the earliest of:
Newzander reserves the right to freeze, delay, or reverse escrow funds at any time in response to fraud indicators, suspicious activity, regulatory requirements, or active legal proceedings.
Newzander may freeze or delay escrow releases in the following circumstances:
In cases of confirmed fraud or chargeback, Newzander may reverse escrow funds to the buyer or the originating payment method. Sellers agree that such reversals may occur and acknowledge Newzander's right to make these determinations.
Transactions paid in USDT (TRC-20) are subject to the same escrow lifecycle. The USDT amount is locked at the USD equivalent rate at time of payment and held in escrow. Newzander does not speculate with, invest, or lend escrow funds. USDT is accepted strictly as a payment method.
USDT transactions on the TRC-20 network are irreversible once broadcast. Newzander cannot reverse confirmed blockchain transactions. Refunds for USDT transactions are processed as new outbound transfers.
Newzander's platform commission serves as the fee for escrow and transaction processing services. No separate escrow fee is charged to buyers. Sellers acknowledge that the commission is deducted from the escrow release amount.
Newzander's liability in connection with escrow services is limited to the amount of the specific transaction in dispute. We are not liable for consequential, indirect, or punitive damages arising from escrow holds, delays, freezes, or reversals made in good faith or pursuant to legal requirements.
By transacting on Newzander, you agree to these Escrow Terms and acknowledge Newzander's rights to hold, freeze, delay, or reverse funds as described herein.
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Questions? Contact us at legal@newzander.com