PayEx Payment Guarantee
If you are sending goods or money to someone you are not
going to meet you can use PayEx Payment Guarantee as extra insurance. This
service also works well when you want to transfer large amounts of money. This
can be when you are paying for a car or boat or something similar, when you do
not want to pay in cash or transfer money before you have received the goods.
PayEx Payment Guarantee is a third party which receives payment from the
buyer and keeps the money while the seller sends the goods. When the buyer has
received the goods and approved their condition, the sum is paid to the seller.
This provides both the seller and the buyer with security and ensures that
neither party has any incentive to cheat the other party.
This is how the service work:
- The seller and buyer agree the price and any freight costs.
The buyer enters a price and information into the system. The seller approves
the price entered by the buyer.
- The buyer pays in the agreed amount to PayEx Payment
Guarantee.
- When the seller receives a confirmation from PayEx Payment
Guarantee that the amount has been received, the seller sends the goods.
- When the buyer confirms that the goods have been received
and are in good condition, PayEx Payment Guarantee pays out the sum to the
seller.
Using PayEx Payment Guarantee you can buy securely from
private individuals on the internet through:
Finn.no
QXL