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 wrong during the exchange?”

It’s situations like these where PaySAFE saves the day by acting as a neutral third party that offers the buyer and seller free and easy-to-use tools to close the deal with peace of mind. No money is exchanged until all the terms of the transaction are approved by the buyer and the seller. Read more about the benefits of using PaySAFE.

How to create a transaction

To create a transaction, both parties need to create an account, which is free and easy to do. After this, login, select the New Transaction tab and fill out the details of the transaction. After calculating our minimal fee and by agreeing to PaySAFE’s terms of use, the transaction is ready to go.

An example of the first steps of creating a new transaction with PaySAFE

From here, the other party will be contacted via email to either accept or reject the transaction. Once accepted, the transaction is ready to be funded. Further details can be ironed out as well, like uploading attachments, such as bill of sale and other important documents. As the transaction unfolds, the buyer and seller can exchange messages on PaySAFE’s private communication board. And, as we mention above, both parties must agree when the transaction is complete — and until this point, no money will be exchanged. It’s the PaySAFE way of leveling the playing field for both buyers and sellers.

For more information, visit our website or give us a call at 402.881.7133.

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