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Escrow: Making Online Transactions Simple & Secure
Post 12 of 49
jill_lw
offline
No Company Website yet
Overall Ranking MVP:68 Rank:67,205

[em1]

07 Jul 2009 02:15
Post 13 of 49

Dear Sir

 

 I need to no more  Information in detail on how this Esco acount  works

who do  I see about setting one up taylored for my Business I am in the Inport/ Export consuiten  of

sit BUYER &  SELLER. I also  sale  products on Line

E-mail : Adelphi3767@yahoo.com

Thank You

 Frank S. Peterson

07 Jul 2009 21:31
Post 14 of 49
aryabagusjogja
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No Company Website yet
Overall Ranking MVP:54 Rank:106,606
the other thing we can do are;
1. ask your supplier to give the details of their current customers
2. check if the customer really exist and reputable
3. called or contact those customers and ask if the supplier (who you are going to place order to) is reliable.
4. once you clear about this, i think TT is easier and faster for both party although LC is still the safest one.

cheers.
abbs

14 Jul 2009 01:47
Post 15 of 49

Dear Sir,

I would like to know more about the escrow account opening procedures.

Can u plz send the form to me asp.

 

thanks

with best regards,

Antony Pereira

14 Jul 2009 09:50
Post 16 of 49
Safe Trading Admin wrote:

Are you using escrow for your transactions yet? Find out below why escrow is now recognized worldwide as the safest and most convenient way to secure your payments when buying or selling online:

Safe & Secure Transactions

Escrow companies act as a third-party referee, holding payment from buyers but not releasing the money to suppliers until the buyer confirms delivery. Escrow companies also notify suppliers when payment has been made so they know it's safe to ship the buyer's order.

It is important, however, to note that buyers should never agree to release money to suppliers unless you have received delivery of your order and are completely satisfied that the product is in good condition. Suppliers should also be cautious and never ship goods unless they are notified by the escrow companies that the buyer's money has been received. Please be assured that safety and security are priority for escrow companies and all precautions are made to protect your online transactions.

Let us put this to the test, hypothetical case:

  1. If the buyer is not the real owner of the ESCROW account, and the real account holder refuses to pay when the bill  invoice is sent by his Credit Card Service Provider. The goods were already shipped and the bank decline payment from the Credit Card to the Merchant through ESCROW.... how to solve this problem?
  2. The case of stollen identity and fraudulant buyer in the case of using ESCROW is not good for the SELLER. The buyer can claim damage goods or substandard goods, or goods not to ordered model, like in the case of the Hand phones, N97 were ordered, and a cheaper model was delivered.
  3. Seller send the goods through courier, gave the AWB number, wait 7 days or more to clear the payment from ESCROW. Seller can play delay techtics, to delay delivery until near the end of the 7 days to send goods, and before the goods reach the consignee, the waiting time expires and Seller withdraws the money. The box contains old shoes, old clocks and some antics. .... what to do with this case?

Fast & Convenient

Compared with Letter of Credit and other frequently used payment terms, escrow is fast and convenient. As a buyer, you can cut your sourcing time in half by ordering and paying for products from manufacturers and wholesalers online. For suppliers, there is no more need to check the piles of transaction documents required for a Letter of Credit. All transactions are made online with the simple click of a button.

SIGNATURE:
About Our Company

Tijit Pte Ltd
Motto: Digital is our name : Portable is our game
Tijit provides service and supply to Marine Shipping Industry both here in Singapore and abroad focused on portable instruments.
We provide Customer Service for... More

16 Jul 2009 16:53
Post 17 of 49
Safe Trading Admin wrote:

Are you using escrow for your transactions yet? Find out below why escrow is now recognized worldwide as the safest and most convenient way to secure your payments when buying or selling online:

Safe & Secure Transactions

Escrow companies act as a third-party referee, holding payment from buyers but not releasing the money to suppliers until the buyer confirms delivery. Escrow companies also notify suppliers when payment has been made so they know it's safe to ship the buyer's order.

It is important, however, to note that buyers should never agree to release money to suppliers unless you have received delivery of your order and are completely satisfied that the product is in good condition. Suppliers should also be cautious and never ship goods unless they are notified by the escrow companies that the buyer's money has been received. Please be assured that safety and security are priority for escrow companies and all precautions are made to protect your online transactions.

Fast & Convenient

Compared with Letter of Credit and other frequently used payment terms, escrow is fast and convenient. As a buyer, you can cut your sourcing time in half by ordering and paying for products from manufacturers and wholesalers online. For suppliers, there is no more need to check the piles of transaction documents required for a Letter of Credit. All transactions are made online with the simple click of a button.

17 Jul 2009 04:19
Post 18 of 49
Safe Trading Admin wrote:

Are you using escrow for your transactions yet? Find out below why escrow is now recognized worldwide as the safest and most convenient way to secure your payments when buying or selling online:

Safe & Secure Transactions

Escrow companies act as a third-party referee, holding payment from buyers but not releasing the money to suppliers until the buyer confirms delivery. Escrow companies also notify suppliers when payment has been made so they know it's safe to ship the buyer's order.

It is important, however, to note that buyers should never agree to release money to suppliers unless you have received delivery of your order and are completely satisfied that the product is in good condition. Suppliers should also be cautious and never ship goods unless they are notified by the escrow companies that the buyer's money has been received. Please be assured that safety and security are priority for escrow companies and all precautions are made to protect your online transactions.

Fast & Convenient

Compared with Letter of Credit and other frequently used payment terms, escrow is fast and convenient. As a buyer, you can cut your sourcing time in half by ordering and paying for products from manufacturers and wholesalers online. For suppliers, there is no more need to check the piles of transaction documents required for a Letter of Credit. All transactions are made online with the simple click of a button.

17 Jul 2009 04:24
Post 19 of 49
[em16]
17 Jul 2009 20:36
Post 20 of 49
Safe Trading Admin wrote:

Are you using escrow for your transactions yet? Find out below why escrow is now recognized worldwide as the safest and most convenient way to secure your payments when buying or selling online:

Safe & Secure Transactions

Escrow companies act as a third-party referee, holding payment from buyers but not releasing the money to suppliers until the buyer confirms delivery. Escrow companies also notify suppliers when payment has been made so they know it's safe to ship the buyer's order.

It is important, however, to note that buyers should never agree to release money to suppliers unless you have received delivery of your order and are completely satisfied that the product is in good condition. Suppliers should also be cautious and never ship goods unless they are notified by the escrow companies that the buyer's money has been received. Please be assured that safety and security are priority for escrow companies and all precautions are made to protect your online transactions.

Fast & Convenient

Compared with Letter of Credit and other frequently used payment terms, escrow is fast and convenient. As a buyer, you can cut your sourcing time in half by ordering and paying for products from manufacturers and wholesalers online. For suppliers, there is no more need to check the piles of transaction documents required for a Letter of Credit. All transactions are made online with the simple click of a button.

22 Jul 2009 10:10
Post 21 of 49
ecomvendor
offline
No Company Website yet
Overall Ranking MVP:52 Rank:141,429

I'm currently in the initial stage of identifying nitch products to promote/sell through online stores.  I would be interested in communicating with you at some point.

Regards,

Richard Fortin

 

22 Jul 2009 11:57
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