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All Press Releases for August 29, 2005 Subscribe to this News Feed    
 

ClassifiedBuyers.com Outsmarts Online Fraudsters

ClassifiedBuyers.com solves "unsolvable" problem of Internet fraud with built-in PayControl. Multiple levels of protection and free payment processing offer complete peace of mind for both buyers and sellers.

(PRWEB) August 29, 2005 -- Last year, U.S. Government consumer agencies documented over 1 million cases of online fraud, totaling more than $100 million. Most experts agree that the actual number of fraud cases is significantly higher than the documented number because most users do not report fraud.

Thanks to one successful Internet site, online fraud is no longer a problem without a solution." ClassifiedBuyers multiple levels of protection eliminate the belief that fraud is an acceptable risk of shopping online.

"Online fraud may be rampant on other classified and auction sites like eBay, but its nonexistent on ClassifiedBuyers," says Casey Cosgrove, C.O.O. "PayControl, our patent-pending payment system, offers complete peace-of-mind for both buyers and sellers."

ClassifiedBuyers ultra-secure system starts working at the moment of registration, flagging suspicious information, and filtering out potential fraudsters before they get a chance to find a victim. The automated system is backed-up by the ClassifiedBuyers fraud prevention team, which adheres to a strict zero-tolerance fraud policy.

Fraud-protection continues throughout the purchase, securing the buyers funds and notifying the seller that it is safe to ship. Once the sale is approved, the funds are deposited directly into the sellers bank account, completing the transaction. Through PayControl, ClassifiedBuyers has created a secure, balanced system that eliminates payment fraud, misrepresentation of goods, and a variety of scams common to other online sites.

About ClassifiedBuyers:
ClassifiedBuyers is a new fraud-free marketplace where buyers and sellers can post free want and sell ads. Transactions are secured by ClassifiedBuyers patent-pending payment and self-escrow system that protects both buyer and seller during the transaction. These services are provided for one, low transaction fee to the seller, and are based solely on performance. If an item does not sell, the seller does not pay. ClassifiedBuyers; the only fraud-free online marketplace!

To learn more about buying and selling on ClassifiedBuyers, please visit http://www.classifiedbuyers.com

To view a recent news release: http://www.mycbmedia.com/video/kcal/cbkcal.html


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CONTACT INFORMATION
Monica Lopetegui
ClassifiedBuyers
310-243-1200
Email us Here
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