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Sellers on the Classifieds


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Hopefully this is a learning experience for all of us. These transactions involve trust at several levels and it is essential to maintaining the general trust as well as personal trust that each end of the "bargaining process" is honored once a commitment has been made.  One's word should be more binding than money. Money can be replaced but sometimes trust cannot be restored. Lets hope this is not one of those situations. We also have to insure that everyone fully understands the dimensions of the specific transaction before "sealing the deal" :)

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one thing for sure

 

All you who do transactions  over online and still use cash or check in the mail are taking a risk. Nobody should feel sorry for anybody who still refuses to set up a pay pal account if they plan on buying from people online

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I hate to say it but the service you mentioned may be OK now but a few years back they were compromised and I was someone affected so trhere are no guarantees and anyone who does heavy financial or banking stuff over the Internet is asking for trouble at some point because even if the instiutions server is secure your own computer may not be and you may have something like a zombie bot install a keylogging program (everything you type can be viewed remotely on someone elses screen) and all your account information and passwords may be owned by someone in China  or Russia or Brazil etc. who then empties your accounts and your antivirus program may never even realize it especially if the program or virus is newly crafted. The hackers are way ahead of  the government and the antivirus folks so if you aren't after the "fix you're screwed. Banks and any other institution can be hacked and have been (CIA, NASA, White House, Pentagon NSA etc.but you don't hear about it from the banks and big companies because they don't want the business impact of it falling on them. Services like that mentioned  are particularly vulnerable because they are hooked up to bank accounts and debit cards etc. so not only can your credit card be affected by a compromise but this other stuff as well. Apparently even the drug cartels (less chance of getting caught and less sever punishments if caught) are involved now in credit card fraud, bogus income tax filings,  exploitation of deceased folks SS accounts and who knows what else so it isn't just the kids with too much time on their hands doing the hacking now its PROS from foreign governments and professional criminals who do it 24/7 and 365.

Edited by Sk8man
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For now,maybe we should set a rule that a deal is made public on this board when the deal is made and have a 36 hour valid time for the payment to be taken care of. After that,its open again.

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