Transmith Group also offers SafeDeal services for buyers and sellers around the world.
What is SafeDeal ? If you have already bought goods over the Internet, you know what the potential risks are when buying from an unknown seller. If you sell goods in online auctions, on restricted web sites, private web pages, or through Internet newsgroups, you know that the online buyers want to use their credit cards. Whatever the case SafeDeal can help you. SafeDeal is an impartial third party, whose task is to facilitate the online buying and selling, guaranteeing security, reliance and convience for both parties.
Transmith Group reduces the risks of fraud for those who are buying or selling over the Internet, when dealing with consumer-to-consumer, business-to-consumer or business-to-business transactions.
For a more detailed account of how our service works visit our Guide
General Merchandise Escrow in 5 simple steps
1- The Buyer and Seller agree to terms.
After registering at Transmith Group, both parties agree to the terms of the transaction, which includes a description of the item, sale price, number of days for the Buyer's inspection of the item, and any shipping information. Additional services including title collection and lien holder payoff may be selected at this time.
2- The Buyer pays Transmith Group.
The Buyer submits a payment by selecting wire transfer. Check or money order are also available on amounts $2000 and under. Transmith Group verifies the payment. Processing time varies by payment method.
3- The Seller ships the item to the Buyer.
Upon payment verification, the Seller is authorized to start the shipping and submit tracking information. Transmith Group verifies that the Buyer receives the item.
4- The Buyer inspects and accepts the item.
The Buyer has a set number of days to inspect the item and the option to accept or reject it.
What if the Buyer doesn't accept the item?
he Buyer has the Inspection Period (a length of time agreed to by both parties) to accept the items. If dissatisfied, the Buyer must return the item to the Seller. Once the Seller has received the item and confirmed that they are in satisfactory condition, Transmith Group will release the funds back to the Buyer.
5- The Seller is paid by Transmith Group.
Transmith Group pays the Seller by check, ACH or wire transfer. The transaction is complete.
The benefits of General Merchandise escrow with us
Both Buyers and Sellers benefit from using Transmith Group as a neutral third party to monitor and transact the exchange of payment and merchandise.
Peace of mind for Sellers
The Buyer sends the agreed upon payment to Transmith Group and then we alert the Seller to send the merchandise to the Buyer. Protected from fraudulent checks and money order scams, the Seller has peace of mind knowing funds are behind the Transmith Group shield. Transmith Group tracks the merchandise to confirm when it has been received by the Buyer and starts the inspection period.
Confidence for Buyers
We do not release the money to the Seller until the merchandise has been received and approved by the Buyer. This provides online buyers the same security that off-line buyers have.
SafeDeal Partners
SafeDeal has become the recommended transaction settlement service of many of the top names in eCommerce, including eBay, GoDaddy, Cars.com, Autoscout.com, Amazon.com ,Moto.it and AutoTrader. We're always looking for new partners who are interested in taking advantage of our unique and trusted escrow service.
