122387 PayPal Type Transcation Site

This site would enable parties to transfer funds between financial institutions for a fee. This site would also enable the seller of an item to pay less of a fee than other sites while providing the buyer the option to either pay the seller directly or to hold the payment in escrow pending review of product purchased. Once in escrow, only the buyer can release it. Hacking into the system is not acceptable and needs to be secured. Status reports will be required. Thanks for bidding.