What Payment Methods Are the Safest?

The safest way to buy anything on the internet is through an online money transfer service that offers payment protection. 

These services offer safe and secure transfer of funds, as well a recourse for buyers and sellers should something go wrong during the transaction. (Personal checks, wire transfers are never recommended for any reason because they offer no recourse for dispute, and are easier to defraud).

Paypal and Escrow.com are the two most popular options for secure payment. Both services offer benefits. Here’s information to choose the service that’s right for you: 

 

 

Paypal.com                     

Escrow.com                        

 What it does:     

Provides safe, secure, money transfer.
 

If there is a dispute over the transaction, users  go through the paypal resolution center.

Acts as an intermediary in the transaction and offers safe, secure money transfer.

If there is a dispute, users go through escrow.com mediation.

 

 How it works:

1. Buyer and seller agree on a sale 

2. Seller sends buyer an invoice via paypal

3. Seller sends gown/ accessory

1. Buyer and seller agree on a sale

2. Buyer and seller sign escrow.com agreement outlining their terms of sale (including the length of the inspection period)

3. Buyer sends money to escrow.com

4. Seller sends dress/accessory

5. Buyer confirms item is received/ as described

6. Escrow.com releases money to seller

 

 Advantages:

Fast. Easy. Paypal is recognizable. Buyer can use credit cards for purchases.

Escrow.com integrated into the actual transaction to increase seller protection (buyer protection is comparable to paypal).

If an item is returned, the seller must confirm the item's condition - before funds are released back to the buyer.

 

 Disadvantages: 

If returned, seller doesn't get to confirm the item's condition before funds are released back to the buyer.

Buyers can only pay with checks (which take up to 14 days to clear) or wire transfers (for which your bank may charge an additional fee). Credit cards are not accepted for apparel purchases.

 

 Fees:

$2.9% + $.30  

For a $1,000 gown, the seller’s fee is $29.30

For transactions $5,000 and under: 3.25% for standard service 

For a $1,000 gown, the fee is $32.50

Note: standard service is recommended for wedding gown/accessory purchases. On escrow.com buyers and sellers can determine who pays the fee or if it is shared.

 

 Getting Started:

Buyer and Seller must each have a Paypal account.  Signing up is free and takes minutes.

Then the buyer "sends" the funds to the seller or the seller "requests" the funds from the buyer...both have the same result.  

Buyer and Seller must each have an Escrow.com account. Signing up is free and takes minutes.

Then the buyer or seller begins the transaction by initiating the escrow.com transaction.

We Recommend:

Have the seller initiate the transaction by sending the buyer an invoice thorugh Paypal.  

The invoice should include the purchase price, terms of sale and a detailed description of the item's size and condition.  Full disclosure here will help prevent any confusion during the transaction.

Include all of the terms of sale details and a detailed description of the item's size and condition in the transacation details.  

Details here will help prevent any confusion during the transaction.

We recommend a 48 hour inspection period.

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