01 August 2011

full payment deposit on a bank account - should you be worried?

Since the first week that our shop went live, we have been receiving a couple of messages about the products we sell, so thanks very much for your interest! One of the concerns raised by our buyers is our full payment policy. This measure is to help us avoid joy reservations and bogus transactions.

You can rest assured that we are legit online sellers. You should be wary of sellers who offer too lenient terms or who seem to really "go out of their way" to please you. Anything that sounds too good to be true might very well turn out to be a scam. So, should you be worried about the full payment deposit? Don't be. Read on to find out why.

  • Online behavior. You should be worried if a seller agrees to receive only a portion of the payment and then agrees to collect the balance after you receive the item. No legit seller would take the risk. Think about it. The move is not only bad for the business, but also bad for you. Losing a fraction of your money is going to hurt. What's going to hurt even more is the very idea that you've been played.

  • Best assurance. All scammers keep their real identity hidden. Would you really buy something from someone who only goes by his username? Your best proof of assurance comes from real people who hold a valid bank account. By disclosing to you our ID and bank account details, we also lay our name and entire reputation on the line.

  • Meet-ups. Blame it on Filipino time or the weather man, but meet-ups are way too much of a hassle. Ninety-nine percent of the time, either the buyer or the seller shows up late or does not show up at all. More importantly, when you agree to a meet-up schedule with a "nothing to lose" attitude, take note that you are missing one vital consideration: How sure are you that you are dealing with the legit seller or an impostor? 

We want to stay safe as much as we would like you to have a secure shopping experience.


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