PayPal Escrow Account is a service provided by PayPal that acts as a secure intermediary between a buyer and a seller in a transaction. When a buyer pays for an item, the funds are held in the PayPal Escrow Account until the seller provides proof that the item has been shipped or delivered. Once the buyer receives the item and confirms that it is as described, the funds are released to the seller. This provides added security for both parties and helps to prevent fraud in online transactions.
PayPal Escrow Account may appear in browsers when a user is engaging in a transaction that involves a third-party escrow service, such as PayPal. This is to inform users that their payment is being held by a trusted third party until the terms of the transaction are met. By using an escrow service like PayPal, buyers and sellers can have peace of mind knowing that their funds are secure until the transaction is completed satisfactorily.