Sunday, 21 February 2016

NEWS : New System to Buy from Tonaton, Olx and others without losing your money


There have been lots of instances where people try to purchase online from free classifieds like Tonaton and Olx. People try purchasing a product and the seller meets the buyer and the buyer gets duped off his or her money in addition to not getting the product.
A technology company called DossPay has brought up a system to allow for escrow payment of items on Tonaton, Olx and any other free classifieds site.
HOW IT WORKS.
You get a Dosspay account and send an escrow payment of the price of the items you are buying to the seller.
The seller can see that an amount has been wired to his or her Dosspay account but cannot have access to the money. This ensures that the buyer is a potential buyer and not someone just wasting the seller’s time.
The Buyer does not also have access to the funds, the Dosspay system becomes the new owner of the funds serving as a facilitator for the purchase. The Buyer can only confirm the transaction once he has received the product and is satisfied.
The Seller can only reject the offer in case the trade is cancelled. If the Seller cancels the transaction, the money is reverted to the Buyer.
There is a Dosspay Dispute Resolution Center to settle the dispute in case any of the transacting parties raise a dispute claim.
Now this means that, you can be in Kumasi and buy online from any free classifieds website and rest assured that your money is safe. You can order and pay for the shipment of your mobile phones, laptop computers and any other products you wish to buy knowing you can have your money back in case the Seller fails to deliver.


Dosspay Team,
Website: https://dosspay.com


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