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Question:

secure money transfer / payment?

My father won an auction on the internet for a really nice excavator that looks too good to be true. The seller wants us to pay him first before he delivers it to us. I was wondering if there was a form of payment similar to escrow, where we transfer the funds, but the seller does not get to access it until the equipment is in our hand and we approve of it.

Answer:

I am assuming you bought this on Ebay. Paypal is the online OKorder account that acts as an escrow account. You put the money in, which notifies the seller. The seller delivers the product then can collect the money. If you do not receive the item, you can contact paypal and they take that money right back out of the seller's account. A credit card does exactly the same thing. If you don't get the property, you have 30 to 60 days to contest the charge and get the money right back. Hope this helps.

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