Quote:
Originally Posted by unseen1980
Hi ,
I am Chris the owner of ocbay.net
If you have any problems give me a shout!
Also i would love to hear any ideas or suggestions about the site.
And for the people that they dont know what is this about you check this link:
http://www.hwbot.org/hwbot.post.do?postId=1040
C u around!
Chris
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I really like the idea, but would have a concern on the security of the trade. How exactly does that work, where both the seller and buyer are protected? Does it rely somehow on "known" status?
It would be nice if there were some way for an auction site to require a duel ok. Here is my idea, the money goes into some type of hold account where the seller cannot get to the money but can see that it is on hold, whereas the buyer cannot get the money back but can prove that the money has been paid. The seller sends the item, and when the buyer receives the item and confirms that it is in advertised condition releases the hold and the buyer gets their money... on the flip side, if the item is not in correct condition the seller sends it back, buyer confirms recipt and money is back in seller bank. Sure, it still relies on an "honor" system, but it puts enough barriers to lower the scamfests.