How to Buy and Sell Safely Online

After receiving payment via any method, you must authenticate the sending party to ensure that they authorize the transaction and they are whom they claim to be. , Ask for name, telephone, and address. , Use an online telephone directory such as...

20 Steps 1 min read Advanced

Step-by-Step Guide

  1. Step 1: After receiving payment via any method

    This information should match what you were provided with. , A lot of online fraud is caused by friends or family, so be sure to ask for the name that appears on the payment statement or invoice.

    Identify the nature of the transaction and explain that you want to make sure that this is theirs.

    They will say yes or no. , Although slow, you can simply send them a letter with a code in it and request them to email you the code.

    This confirms their living address. ,, The postal carrier will check ID and obtain a signature. , If they attempt fraud, the email has hidden information that a computer savvy person can use to determine the whereabouts and identity of the sender. ,, An escrow service is a middleman that holds the buyer's payment and does not give it to the seller until the buyer states that they are satisfied with their purchase.
  2. Step 2: you must authenticate the sending party to ensure that they authorize the transaction and they are whom they claim to be.

  3. Step 3: Ask for name

  4. Step 4: telephone

  5. Step 5: and address.

  6. Step 6: Use an online telephone directory such as 411.com and view their name and address.

  7. Step 7: Call them

  8. Step 8: whether the information matches or not

  9. Step 9: this allows you to confirm the order.

  10. Step 10: If they did not have a listing in the phone book

  11. Step 11: then you will want to verify their identity and whereabouts with another method.

  12. Step 12: Living address and ID can also be confirmed by receiving a scan of a driver's license.

  13. Step 13: You can send different forms of certified mail as well.

  14. Step 14: If you receive any email from the other party

  15. Step 15: do not delete it.

  16. Step 16: If the other person has access to a trading format with feedback records such as eBay

  17. Step 17: you can request them to create a test page with several keywords you chose

  18. Step 18: and send you the URL.

  19. Step 19: For large transactions

  20. Step 20: it may make sense to use an escrow service.

Detailed Guide

This information should match what you were provided with. , A lot of online fraud is caused by friends or family, so be sure to ask for the name that appears on the payment statement or invoice.

Identify the nature of the transaction and explain that you want to make sure that this is theirs.

They will say yes or no. , Although slow, you can simply send them a letter with a code in it and request them to email you the code.

This confirms their living address. ,, The postal carrier will check ID and obtain a signature. , If they attempt fraud, the email has hidden information that a computer savvy person can use to determine the whereabouts and identity of the sender. ,, An escrow service is a middleman that holds the buyer's payment and does not give it to the seller until the buyer states that they are satisfied with their purchase.

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Natalie Diaz

Brings years of experience writing about organization and related subjects.

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