Thursday, January 20, 2011

Guidelines for Safe Online Transactions

By Scott Spears, Director of Private Seller Advertising

In the Internet Age, with rapid growth of new e-commerce websites and platforms, transaction security and identity protection are definitely vital concerns. At Cycle Trader we value your security and want to provide a few key tips to keep in mind as you post advertisements or purchase items through our website.

Consider these tips in order to send or receive payment safely.

• If an offer looks too good to be true, it probably is! Maintain a healthy skepticism.
• Verify the Buyer or Seller's identity. Do addresses and names match up in public records or directories? It is best to meet the seller in-person in a safe place.
• Be cautious of an individual posing as an "agent" representing a buyer or seller, or when dealing with someone outside your country.
• Do not make a purchase only from photos. A photo does not verify the existence of an item. See the item in person.
• If using an escrow service for payment of the transaction, verify that it is a reliable service. Never go to an escrow service site via a link in an email. Always go directly to the site by typing in the URL. Do not use an escrow service recommended by the seller.
• Fraud deals may involve shipping, wire transfers, overpayment or cashiers checks. Unusual requests involving the transaction may be a signal of a potential scam.
• Use your best judgment in all transactions.
• Report suspected fraudulent activity to

We hope these tips have been helpful and that you keep them in mind each time you make a purchase on
Trader Online Web Developer

1 comment:

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