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| FAQ |
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| How to Pay Online Safely |
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What payment methods are safe?
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There are a number of ways to pay online.
Most sellers offer more than one option. Some payment options offer more protection than others, so be sure to select a method of payment that makes you feel comfortable.
Before you buy an item, make sure that the seller's payment options will work for you.
If you have questions about payment options, you should contact the seller directly.
Important:
TradersMatch.com does not recommend cash or cash wire transfers as a payment method. You do not retain any proof of your payment, and will have little to no remedy for transaction problems.
TradersMatch.com recommends a reliable and professional third party escrow payments.
See Escrow services
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What are the common payment methods online?
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Before you buy an item, make sure that the seller's payment options will work for you.
Important factors you should consider include:
- Is it traceable and is there proof of payment?
- Is the method fast and convenient?
- How secure is it?
- What is the liability coverage in case something goes wrong?
If you have additional questions about payment options, you can contact the seller directly.
Common payment methods include:
- PayPal
- Credit card secure gateways.
- Escrow companies (highly recommended for high priced transactions)
Warning:
- Never accept personal checks
- never accept cash
- Never send through western union or money gram
- Never send money to P.O.Box
- If transfering through a bank, make sure it is through a letter of credit payable only upon receipt of shipment papers and after inspection services.
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What is escrow services?
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Escrow Services Protects Online Buyers and Sellers from Fraud.
Guiding Buyers and Sellers Safely Through the Online Escrow Process.
How does it work?
- Buyer and Seller Agree to Terms
- Both parties agree to terms of the transaction, which includes a description of the merchandise, sale price, number of days for the Buyer's inspection, and any shipping information.
- Buyer Pays Escrow company
- The Buyer submits an available payment option.
- Escrow company verifies the payment. Processing time varies by payment method.
- Seller Ships Merchandise
Upon payment verification, the Seller is authorized to ship merchandise and submit tracking information.
- Escrow company verifies that the Buyer receives the shipment.
- Buyer Accepts the Merchandise
- The Buyer has a set number of days for an inspection and the option to accept or reject the merchandise.
- Escrow Pays the Seller by the method selected by the Seller.
- The transaction is complete.
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