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

Full Member
sc
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!

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Free Member
amy-salehoo
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).

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Full Member
ritchy
Posts: 46
Joined: 28 Sep 05
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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!

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

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J Baca
Full Member
archangel
Posts: 13
Joined: 04 Aug 06
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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.

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Full Member
mana2006
Posts: 379
Joined: 06 Aug 06
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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.

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Full Member
jonp
Posts: 13
Joined: 25 Oct 06
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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?

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Full Member
hockeyplyr1034
Posts: 20
Joined: 17 Aug 06
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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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