Tuesday, February 12, 2008

Making it safe to buy and sell product online

Internet commerse is an important part of economy.  We buy and sell products online.  Billions are spent on online transactions.  As the online commerce grows, it is becoming a common place for people to commit fraud.  Some people uses stolen credit cards and selling damaged goods.  You can avoid being scammed by using Escrow.com.  It is the objective mediator between buyers and sellers.  Buyer submit payment to Escrow.com, the payment is verified, and seller sent the item to the buyer.  When the buyer receives the satisfactory goods, the fund is sent to the seller.  Escrow.com takes a percentage of the transaction as fee.  Escrow.com is making millions.

Problem:  Fraud and scam is increasing for large item purchases. 
Idea/Solution:  Website + Buyer's Payment verification + Seller's item verification by buyer + Fee
Site:  http://Escrow.com

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