• Buyer and Seller
Agree to Terms
Both parties agree to terms, which
includes a description of the merchandise, sale price, number
of days for the Buyer's inspection, and shipping information.
Either the Buyer or Seller signs in and creates a transaction.
If either the Buyer or Seller is not a registered user,
they must register with TraderOnlineSafe.com Registration
is free.
The initiating party defines the terms of the transaction
and provides information about the merchandise. This information
includes:
- E-mail address of the other party
- Length of inspection period
- Party responsible for paying the escrow fee
- Delivery options
- Shipping costs
The initiating party confirms the information entered, and
agrees to the escrow instructions. The other party is notified
by e-mail from one of our escrow officer in order to agree
to the terms of the transaction provided by the initiating
party.
After both parties have agreed to the terms, the Buyer will
be asked to submit payment to TraderOnlineSafe.com
• Buyer Pays TraderOnlineSafe.com
For maximizing security the Buyer will pay TraderOnlineSafe.com
When payment is received, it will be verified and secured
into a non-interest bearing trust account.
After payment is secured, the Seller is notified by us to
ship the merchandise to the Buyer.
• Seller Ships Merchandise
to Buyer
The Seller ships the merchandise to
the Buyer using an approved delivery service.
The Seller must initially pay for the shipment of the merchandise.
If the Buyer is responsible for paying the shipping costs,
the Seller will be reimbursed when the transaction is complete.
After the Seller has shipped the merchandise, they must
sign in to TraderOnlineSafe.com and provide the tracking
information. If no shipping was required, this step is not
necessary.
Both parties can sign in and use the tracking information
to follow the shipment.
The inspection period will not begin until TraderOnlineSafe.com
has confirmed delivery of the merchandise.
• Buyer Accepts the
Merchandise
When the Buyer accepts the merchandise
or the inspection period expires (at which point, the Buyer
automatically accepts), the disbursement of payment will
begin.
Payment is sent to the Seller with escrow fees and shipping
costs deducted, if applicable.
• We Pay the Seller
If the Buyer accepts the merchandise,
the Seller will be paid.
The seller is free to chose the payment metod.