How To Avoid Being A Victim Of Ebay Buyers Fraud.
From everything youve heard about the risk of fraud on eBay, you might think its only buyers getting scammed but you couldnt be more wrong. Here are a few common scams that sellers fall for every day.
The Rubber Cheque.
This one obviously isnt limited to eBay its been going on for years in all kinds of business. It works like this: a buyer sends you a cheque that they dont have the funds to cover and you pay it in your bank. You then send the goods right away, only to find out a few days later that the cheque bounced.
The solution to this is simple: dont send anything to a buyer until their payment has cleared, no matter how quickly they might say they need it. Advise them to pay electronically if they dont want to wait so long for their items. Then again, if your items are quite small, you could just take the loss from an occasional bounced cheque. Think of it as a small price to pay for faster and better customer service.
I Never Bought Anything!
This is one of the riskiest scams to fall victim to. In this case, the credit cards real owner still has control over it no-one has stolen...