Wholesale & eBay Forum Importing & Customs Neteller & Bidpay - are these alternative online payment methods safe?

Neteller & Bidpay - are these alternative online payment methods safe?


sc
Full Member
  • Posts: 57
  • Joined: 05 Jul 06
  • Karma:
11 Jul 06 04:46:08 am
Has anyone used or know anything about...

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Are these services safe to use; are your purchases protected with these services, like with PayPal & Escrow?

At of all the online payment services, which service is the best one to use to pay a company/person you don't know anything about for goods?

Thanks.

-RB!


amy-salehoo
Free Member
  • Posts: 530
  • Joined: 11 Apr 06
  • Karma:
11 Jul 06 08:31:36 am
Safe payment methods that are recommended by SaleHoo are Credit Card,Paypal,Escrow.com,Letter of Credit (LC) and Cash on Delivery (COD).
Payment Methods that are NOT recommend by SaleHoo are Western Union and Telegraphic Transfer/ Wire Transfer (TT).


ritchy
Full Member
  • Posts: 46
  • Joined: 28 Sep 05
  • Karma:
2 Aug 06 01:50:08 am
Hey there, Watch out for online payment options. Good choice to put this up as a question. Sorry I cant help you out but I would recomend calling up the online companies, Talk to a real person (as apose to a answer machine), Send emails, and letters to company premises and check other sites to see if they are real or scammers, If they do what they say etc. Hope you do well for yourself!


bacpro
Full Member
  • Posts: 331
  • Joined: 16 May 06
  • Karma:
2 Aug 06 05:01:07 pm
I do online casino betting and I use'
Netteller, the service is fantastic...
real people/
John


J Baca

archangel
Full Member
  • Posts: 13
  • Joined: 04 Aug 06
  • Karma:
10 Aug 06 06:29:10 am
Can anyone please explain to me how a L/c works?? I am still working everything out, and emailing a few companies about some products, payment, shipping etc.
Thanks in advance.


mana2006
Full Member
  • Posts: 379
  • Joined: 06 Aug 06
  • Karma:
15 Aug 06 04:08:26 pm
Letter of credit is an agrrement between your bank and theres. You will talk to your bank about the deal. The bank will send there bank a letter of credit saying that once the shipper has fufilled the terms of the agreement payment will be made. The shipper will have to prove to there bank that the product has shipped. Than there bank will send your bank the information. When your bank feels that the transaction is complete than they will pay the funds. Thats is basically it in a nut shell.


jonp
Full Member
  • Posts: 13
  • Joined: 25 Oct 06
  • Karma:
18 Nov 06 05:00:03 am
Letter of credit is an agrrement between your bank and theres. You will talk to your bank about the deal. The bank will send there bank a letter of credit saying that once the shipper has fufilled the terms of the agreement payment will be made. The shipper will have to prove to there bank that the product has shipped. Than there bank will send your bank the information. When your bank feels that the transaction is complete than they will pay the funds. Thats is basically it in a nut shell.



So if I buy something from someone overseas and they ship me something and it is not what was agreed on or does not match what was ordered, does my bank still pay their bank?


hockeyplyr1034
Full Member
  • Posts: 20
  • Joined: 17 Aug 06
  • Karma:
18 Nov 06 05:15:04 am
What about e-gold and moneybookers? Anybody ever use these? Are they safe? Thanks!


 

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