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Typically, this ever-changing field of financial transactions is keeping the discussion on escrow services against traditional payment methods alive. The rate at which technology is improving is remarkable, so looking at situations in which either approach is preferable is very essential as financial transactions become more intricate. Security and Fraud Protection: Numerous people have come to like escrow services because of their strong security measures against fraud. By 2024, escrow services will counter more sophisticated cyber threats and guarantee a more secure stage, unlike traditional payment methods. Escrow operates by securely keeping money until all obligations in a given transaction are fulfilled; hence, both parties end up feeling good about it, and the buyer’s satisfaction is effectively guaranteed. Even though credit cards and bank transfers are traditional payment options, they are prone to varying forms of fraudulent activity, such as charg...