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I'm selling:
Auto-Escrow explained (Seller):
The Yolto auto-escrow service is fully automated. You transact directly with others. Messages and confirmations are securely logged. The identification process increases the safety of both your personal information and transactions. Step-by-step instructions for downloading the Yolto Billing Card are here. Instructions for set-up of your auto-escrow account and listing your offerings are here. How does the auto-transaction work for the Seller?
The buyer transfers money for the Seller into the auto-escrow service. The service sends an email message notifying you of the payment as soon as the Buyer transfers the money. There may also be contact information and a text message. Should there not be sufficient information to establish reliable communications between you and your buyer please reply through the auto-escrow messaging system.
There are two possible responses to the Buyer's request:
Option 1: Seller accepts the task. Simply log-in into the auto-escrow service, open the page for the transaction and then confirm acceptance of the task. You may leave a message for your customer suggesting the time frame for delivery or completion of the task. Promptly notify your Buyer through the service using the contact information provided in the purchase message. You have 5 business days to respond to your Buyer after their payment is placed in the auto-escrow service. The Buyer will automatically be refunded in the event you are not responding and the transaction becomes null and void.
Option 2: Seller may reject the task and issue a refund to the Buyer. At any stage of the auto-escrow transaction you may drop the task and issue a full refund to your customer.
Note: We are not charging reputable Sellers for their listings at this time and there is only a ten percent fee each time the Buyer releases funds to complete a transaction. To help keep our fees low for the average Seller, please be aware that our risk-management system evaluates whether or not additional listing fees need be applied, at our discretion, to Seller's who reject a higher than average number of transactions.
Seller completes the request and notifies the Buyer.
When you have completed the task by providing services, delivering the virtual goods or performing other in-game tasks offered in your listing, log in into the auto-escrow service and confirm that the task has been completed. You may also send a message to your customer which will be forwarded along with the notification.
There are two possible responses from the Buyer:
Option 1: The Buyer completes the transaction by releasing payment to the Seller. After the Buyer receives your notification they log into the auto-escrow service to confirm that virtual goods have been delivered or services rendered. Please keep in touch with your customer until payment is released. In the event you do not receive payment and the customer fails to contact our service, by any means available, to engage in a dispute over the transaction, funds due to you will be released automatically after 30 days from your confirmation of the completed task.
Option 2: The Buyer disputes the transaction. Dispute resolution: Should you have a dispute with the Buyer our certified messaging service provides both parties a highly secure digital ID and message logs. The log may be presented as evidence for the due process of law in the applicable jurisdiction. If the dispute between you and the Buyer is not resolved amicably by you and the Buyer within 30 days after the dispute was initiated, we will freeze the transaction. You and the Buyer will receive all personally identifiable information about parties to the transaction and the transaction logs.
Note: The disputed sum is automatically released in favor of the Seller when the Buyer fails to register for a verified Yolto Billing card before the 30 day dispute period has ended.
The auto-escrow service is fully automated. It works according to the rules explained in more detail elsewhere. Our company, its associates, employees and/or contractors are not party to the transactions between Buyers and Sellers. We provide and maintain this service on an 'as is' basis for your convenience for the fees outlined on this page as part of Yolto game-payments and game-commerce service.
 
 
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Yolto.com is a digital ID and payment service for gamers and residents of Virtual Worlds.
You can establish and operate multiple game accounts and keep your real identity and financial data protected by using the Yolto Card. The Yolto Card is a re-loadable pre-paid software card for your gaming needs and safe online transactions.
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