Monthly Archives: September 2012

Trust and integrity with PaySAFE

“Trust” and “integrity” are two words that should — but oftentimes don’t — go together when conducting a transaction that exchanges goods or services between two parties. By using PaySAFE, you can make sure those two words ALWAYS go together. As a neutral third party, PaySAFE provides trust you can build on, leading to better communication, […]

How to avoid common contractor scams

Angie’s List published a great infographic earlier this month that offers advice on how to avoid three common types of contractor scams. According to the Census Bureau, Americans spend $33 billion on home improvements and $135 billion on home maintenance each year. Much of this work is provided by independent contractors, who in most cases […]

How To: Buying a Boat Online

When buying a boat, there are several things to consider to ensure you’ll have the best possible experience. For starters, understanding the selling process will only make the buying process easier — whether it’s sold through a broker, auction house, dealer or by a private seller. For an in-depth look at what the selling process […]

Tips on selling a used car

If you’ve ever sold your own used car before, you know the process is much more difficult than it initially sounds. Still, the major benefit of taking on the extra time and hassle goes without saying: you’ll receive more money by selling your car directly to a buyer, rather than trading it to a dealer […]

Funding a PaySAFE transaction

Using PaySAFE’s online transaction management and communication system, funding a transaction is safe, secure and easy. After the initial transaction is set up and both buyer and seller agree that the terms of its completion have been met, funding the transaction is the next step. As you can see in the screenshot above, wiring money is […]

With PaySAFE, both parties agree to the transaction

Jerry, who lives in Missouri, found a beautiful 1964 Dodge Polara 500 Convertible for sale on an online classifieds website from a seller in Pennsylvania. After exchanging a few emails and phone calls, Jerry new he wanted the car, but was still hesitant at the idea of simply sending a check to a relative stranger, […]

How to create a PaySAFE transaction

Many people selling high-end goods via places like Craigslist, eBay or even the classifieds section of a newspaper often fear the transaction process once an initial agreement with a buyer is made. At this point, many people ask questions like, “Can I trust this person?” or “Should I trust this person?” and “What if something goes […]

What PaySAFE is and why it matters

In 2011, fourth-generation banker Matt Medlock founded PaySAFE with a vision to change how business is transacted and level the playing field for both sides of transactions. PaySAFE’s mission, as a neutral third party, is to provide Secured Audited Funding and Escrow (SAFE) accounts at the highest level of integrity and reliability to facilitate consumer […]