Category Fraud

What exactly is escrow?

If you’ve ever purchased a home – or even looked into the process behind purchasing a home – you’ve probably seen the term ‘escrow’ quite a bit. In the most basic layman’s terms, an escrow account is simply a bank account overseen by a neutral third party; usually associated with high-value purchases. But escrow accounts […]

Have a Happy Holiday Season – Avoiding Holiday Scams

Happy Holidays, PaySAFE fans! The last two months of each year we all take a step back and enjoy the time we have with friends and family. It’s also a time of year that involves the largest uptick in shopping for many families as we purchase tasty treats and gifts for Thanksgiving, Hanukkah, Kwanzaa, Christmas […]

The Importance of a Purchase Agreement

There aren’t many people who look forward to filling out paperwork; the very term usually breeds irritation and stress when uttered to anyone who has spent time filling out tax forms or lengthy job applications. However, there is one form of paperwork that really shouldn’t be looked at as quite a burden: a purchase agreement. […]

3 Tips to Transport Your Vehicle Safely

So, you finally found your dream car? Congrats! Now comes the task of making sure it arrives safely from the seller, who just happens to live across the country. When you’re looking to ship any type of vehicle over a long distance there are a few items that you need to keep in mind to […]

Beware the Imitators – 5 Tips to Avoid Online Escrow Scams

At PaySAFE we pride ourselves on providing protection against scams and fraud for our users through online escrow services. But just as there are numerous common online scams that exist in the world of classified ads, there are also some common online escrow fraud schemes. Check out the five tips below so you can be […]

9 Ways to Protect Yourself From Internet Fraud

Purchasing items like vehicles and collectables on the internet can be a great way to save money, but there are a few considerations that keep in mind to help keep your money-saving venture from turning sour. 1. Understand as Much as Possible About the Auction or Purchase Platform Each online purchasing outlet can have slightly […]

How to recognize a flood-damaged car

Here’s fair warning when buying a new or used car after a natural disaster like Hurricane Sandy — hundreds of thousands of cars have been recently submerged or flooded and effectively totaled, yet many of these will end up for sale in car lots and on online marketplaces disguised as undamaged new or used vehicles. […]

Online Transactions: Two Important Steps

Consumers can buy and sell pretty much anything online. Cars, firearms, jewelry, electronics, fine art – all of these items can be found with a simple Google search that will yield results on any number of auction and classified ad sites. Anymore, finding what you want to buy is the easy part – it’s protecting […]

Financial Heartbreak – Beware Valentine’s Day Scams

In past posts, we’ve discussed how certain seasons – the holidays and Black Friday specifically – can be a nightmare when it comes to the prevalence of online scams and fraud. While November and December are obvious months when online shoppers should keep their guard up, in recent years there has been a significant uptick […]

How to Safely Buy and Sell Online

Selling personal and commercial items online is a great way to open up your goods to an enormous audience. Online buyers also have the advantage of shopping through millions of products from the comfort of their couch or office chair. While there is tremendous opportunity for both parties, how can you safely complete a transaction […]