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SAFE PAYMENTS
Post 32 of 54
Ranger, Can you suggest me, on how to accept Credit card payment. I am willing to sell items to my client, and my client will pay with credit cards. Is it safe? Please explain to me.
30 Jun 2008 09:51
Post 33 of 54
Mr Ranger :

How about trading/buying agent ? 

How about Insurance of liability ?

How about Escrow payment ?


thanks & regards,
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20 Jul 2008 09:28
Post 34 of 54
Quoting from [jasonwz]:


Replying to [Ranger]:A method is safe or not. It depends on for whom, the buyer or the supplier. No doubt, T/T is safer for supplier. And L/C is safer for the buyer.

And I have to say T/T is not the safest one for supplier.

I recently got an order. The order is small. And the buyer is first get in touch with me. He choose to pay by T/T. The total amount is 820 USD.

But our bank accounting just received 800 USD. I find out the reason later. Our buyer really sent 820 USD to our bank accounting. But he didn’t pay the post cost of sending money. Every businessman knows that money from a bank to another bank, it takes to pay. So the bank cut 20 USD from the 820 goods payment.

I have to say, the T/T payment this time is not safe.


Jason
You received the money, didn't you? Then how do you say that TT is not safe? The bank that paid you charged you for their services. Do you think that the bank will survive only on fresh air? There is no such thing as free lunch, my friend!
22 Jul 2008 19:31
Post 35 of 54
Quoting from [salman861]:


hi everyone can you plz give me a advise " a customer give me a order and told me that i will pay cash against document method .it is the 1st order of my business life.it is a trial order and he also want that use my brand name on product."

can you peoples tell me what should i do ?

In my opinion, it should be OK. Just make sure that you (1) route the documents to him through a bank, (2) the shipping document is drawn such that it is consigned 'to the order of the bank' to which you give all the documents for collection, and (3) include a D/P (i.e. payable at sight) draft with the rest of the documents.

22 Jul 2008 19:39
Post 36 of 54
Quoting from [pacifictrade2007]:



Ranger, Can you suggest me, on how to accept Credit card payment. I am willing to sell items to my client, and my client will pay with credit cards. Is it safe? Please explain to me.




You will need a an SSL Merchant Gateway to accept credit cards in Indonesia.  I suggest you go to www.nsiapay.comand see if you qualify for one.

Ranger

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25 Jul 2008 09:28
Post 37 of 54
rodelro
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Overall Ranking MVP:52 Rank:132,557
Quoting from [Ranger]:

Typically, all payment methods are safe.  But only the buyer can define what is safe for their transaction and what assurances they require for their investment.  If you know your supplier and have a good relationship with them W/U, T/T, D/P, Escrow.com, and L/C are all safe.  If you do not know your supplier and have no relationship then I'd opt for the last two.  Escrow allows you to inspect the items before payment is released, and the L/C requires that specific douments will be presented before the release of any funds.  For companies doing smaller buys I suggest that fees would be better via escrow.com and for large PO's the L/C will be the best.  In any case you must not only research the company supplying you the goods but also the payment method.  For L/C their are different types that may be more beneficial than others per your company requirements and I suggest that you visit your bank and their International banking department to discuss all aspects of the L/C.

So when, individuals ask what is safe no one can really reply as they have no insight into anyone elses business nor their requirements for trust and security of funds.

Ranger



And payment C.O.D.? ( Cash On Delivery)

More safer not possible i think

26 Jul 2008 09:53
Post 38 of 54
phoenix treasures
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Overall Ranking MVP:19 Rank:1,814,541

Hi every one,

I never bought  from this site before and yesterday I ask for some amount of items but seller contact me and told that I have to pay with W/U as they do not accept CC or xxxpal from US. He was agree to take 60% upfront and 40% when I receive order. I realy don't know what to think as I made phone call to the provided number in seller's profile and it is wrong number     :(    If I paid with W/U will I have any protection directly from this site?

Thank you

03 Aug 2008 08:36
Post 39 of 54
meechel
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Overall Ranking MVP:52 Rank:132,946

Hi,

Would you please explain what are W/U,T/T,D/P,L/C meaning?

Thank you very much.


Typically, all payment methods are safe.  But only the buyer can define what is safe for their transaction and what assurances they require for their investment.  If you know your supplier and have a good relationship with them W/U, T/T, D/P, Escrow.com, and L/C are all safe.  If you do not know your supplier and have no relationship then I'd opt for the last two.  Escrow allows you to inspect the items before payment is released, and the L/C requires that specific douments will be presented before the release of any funds.  For companies doing smaller buys I suggest that fees would be better via escrow.com and for large PO's the L/C will be the best.  In any case you must not only research the company supplying you the goods but also the payment method.  For L/C their are different types that may be more beneficial than others per your company requirements and I suggest that you visit your bank and their International banking department to discuss all aspects of the L/C.

So when, individuals ask what is safe no one can really reply as they have no insight into anyone elses business nor their requirements for trust and security of funds.

Ranger


05 Aug 2008 23:40
Post 40 of 54
phoenix treasures
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Overall Ranking MVP:19 Rank:1,814,541
Quoting from [meechel]:

Hi,

Would you please explain what are W/U,T/T,D/P,L/C meaning?

Thank you very much.


Typically, all payment methods are safe.  But only the buyer can define what is safe for their transaction and what assurances they require for their investment.  If you know your supplier and have a good relationship with them W/U, T/T, D/P, Escrow.com, and L/C are all safe.  If you do not know your supplier and have no relationship then I'd opt for the last two.  Escrow allows you to inspect the items before payment is released, and the L/C requires that specific douments will be presented before the release of any funds.  For companies doing smaller buys I suggest that fees would be better via escrow.com and for large PO's the L/C will be the best.  In any case you must not only research the company supplying you the goods but also the payment method.  For L/C their are different types that may be more beneficial than others per your company requirements and I suggest that you visit your bank and their International banking department to discuss all aspects of the L/C.

So when, individuals ask what is safe no one can really reply as they have no insight into anyone elses business nor their requirements for trust and security of funds.

Ranger




Thank you every one. I had take a risk and paid $300 as I thought that here is some buyers protection but all alibaba's trust and safety did, just removed that seller's account :( That is very sad. I lost my money but learn a lot. I found the real phone number of that person but how I could get him in China if I live in USA.  Westrn Union never safe.
13 Aug 2008 00:31
Post 41 of 54
gnob_df
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Quoting from [Ranger]:

Quoting from [pacifictrade2007]:




Ranger, Can you suggest me, on how to accept Credit card payment. I am willing to sell items to my client, and my client will pay with credit cards. Is it safe? Please explain to me.





You will need a an SSL Merchant Gateway to accept credit cards in Indonesia.  I suggest you go to www.nsiapay.comand see if you qualify for one.

Ranger


Good day!

Read a couple of replies. I'm new to the game and got scammed once. I am now careful inregards of payment. I just want to ask what is the safest way of payment? Is Escrow safe? I've read a couple of bad reviews regarding the company.

Thanks.

26 Aug 2008 07:14
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