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Auctionbytes-NewsFlash, Number 1096 - August 30, 2005 - ISSN 1539-5065      Previous Story | | Next Story

ClassifiedBuyers.com Outsmarts Online Fraudsters
By Ina Steiner
AuctionBytes.com
August 30, 2005
Reading AuctionBytes: ClassifiedBuyers.com Outsmarts Online Fraudsters

ClassifiedBuyers.com released an announcement reporting 100 percent success in catching fraudsters either upon registration or during the transaction where they can't get past the site's payment system, which utilizes a built-in escrow service.

"We've caught everything from the "nigerian scammers" to people sending the buyer fake/ knockoff items (or not sending anything at all," said Monica Lopetegui. "We've saved several thankful people from being scammed out of their money or merchandise."

ClassfiedBuyers' PayControl pending payment system protects both buyers and sellers. It secures the buyer's funds and notifies the seller that it is safe to ship. Once the sale is approved, the funds are deposited directly into the seller's bank account, completing the transaction.

Lopetegui said the company has a commercial that should be airing soon to attract new people to the site.

http://www.classifiedbuyers.com

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