As domain investors know, for many years Escrow.com has been providing a critical part of the domain industry ecosystem. The trusted independent link between buyers and sellers have enabled many investors to complete secure transactions for their domain sales. So what’s new with Escrow.com?
While I was traveling through Europe at the end of October I received an email from Escrow.com announcing that they have now released a completely updated API for public beta. I knew this major upgrade was clearly going to be the platform upon which other products and services could be built.
For example, the new API potentially means websites, marketplaces, classifieds sites, shopping carts, and mobile apps can have escrow services built directly into them. This opens up a huge range of potential new clients for Escrow.com that is much broader than their traditional business clients.
A few days ago, I received a follow-up email that really highlighted some of the uses of the new API. Escrow.com has now released a Payment Gateway for WooCommerce. For those of you that were unaware, WooCommerce powers over 2 million online stores and is the top ecommerce platform used for Wordpress.
This is great news for domain investors as many of us develop websites using a variety of platforms, including WooCommerce. I don't think it will be long before the plug and play extension will end up powering many websites with the secure transactions we’ve come to expect from Escrow.com.
The WooCommerce plug-in can be downloaded directly from Escrow.com at www.escrow.com/plugins/woocommerce
I wouldn’t be surprised if this is the first of many plugins and new features that Escrow.com will be releasing in the near future….so watch this space.
If you have any questions about development, there are many members in the Domainers Network who have built their domains into real businesses. I would encourage you to ask questions, share your own experiences and participate in the groups and discussions.