Meaning of Rekber: Definition, How It Works, and Its Use

Kapanlagi.com - Rekber is an abbreviation that stands for rekening bersama, which means joint account. However, what is the meaning of this joint account? The meaning of this joint account is not a joint account with family or friends, KLovers.

Yes, the meaning of rekber is intended for a joint or online payment method. To understand more about the meaning of rekber, you need to know its definition more clearly in this article. And besides the meaning of rekber, you can also find out how rekber works.

For KLovers who are curious about the meaning of rekber and how it works. Then here is the meaning of rekber along with the right way it works. Let's check it out, KLovers.

1. Meaning of Rekber

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As explained earlier, the meaning of rekber or joint account is one of the online payment methods that is considered relatively safer compared to direct transfer payment methods to online store accounts. Rekber, as a third party, acts as a service to facilitate online transactions between sellers and buyers.

This rekber method has long been known abroad as Escrow Service. Even the Indonesian banking world is already familiar with rekber as ES or Escrow Service. Rekber offers enhanced security system, which certainly attracts the interest of consumers, especially those who frequently engage in online shopping activities.

Joint accounts are operated by intermediaries for online buying and selling transactions. The responsibility of the rekber service provider is significant as it involves both sellers and buyers. Generally, rekber services are opened by individual entrepreneurs as it does not require a large number of people to operate this business. The rekber service provider will profit from the fees charged for the rekber service itself.

2. The Difference Between Rekber and Pulber

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Besides the term rekber, there is also pulber. What does pulber mean? Pulber is a fund or balance holder in the form of electronic credit. Pulber is short for pulsa bersama, which means receiving transaction services in the form of electronic credit. However, what is the difference with rekber? In fact, they are almost similar, KLovers.

Rekber and pulber are both transaction security services that mediate between sellers and buyers. Both methods are often used by sellers and buyers who transact online. With rekber and pulber, consumers can transact comfortably online.

However, unlike pulber, rekber plays a role in processing and serving transactions through bank accounts. Whereas pulber is only willing to process and serve payment transactions using electronic credit. So, they can be considered different in terms of transactions.

3. How Escrow Works

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After understanding the meaning of escrow, how does escrow work? Yes, for those of you who are interested in escrow, of course, you want to know how escrow works. And here are some ways escrow works that KLovers can know and understand:

1. The buyer and seller agree to use a trusted joint account service.

2. The buyer transfers the funds first to the joint account.

3. The transaction funds are sent to the escrow service.

4. Confirmation that the funds have been received in the joint account.

5. The escrow service is responsible for securing the funds.

6. The seller sends the goods to the buyer.

7. The buyer confirms that the goods have been received and are in accordance with the order.

8. The escrow service transfers the funds to the seller.

9. The seller confirms that the funds have been received.

10. The escrow service receives a fee for its services.

4. How to Use Rekber

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Not only knowing how it works, you also need to know how to use this rekber. Yes, using this rekber is not difficult as long as you know the sequence. And here are some ways to use this rekber:

1. The first way is when the seller and buyer have agreed on the price in the online transaction, the buyer will be asked to transfer the total amount of the order to the joint account.

2. Then the seller will send the ordered goods to the buyer after confirming that the buyer has transferred the amount of money to the joint account.

3. If the goods have been received by the buyer, then the buyer must confirm that the goods have been received to the rekber service provider.

4. After the confirmation is received, the money will be automatically transferred to the seller.

5. The use of this rekber is not free, generally the cost will be charged based on the value of the buying and selling transaction.

That is the meaning of rekber that you can know and understand. Not only knowing the meaning of rekber, you can also know how it works and how to use it. Good luck, KLovers.

(kpl/gen/dhm)