3 ms·
Hi, Ryan from FOBO here. There's actually an advantage inherent to local selling in that you're able to inspect the item before the seller is paid (when you con
by ryanmickle 13y ago
Hi, Ryan from FOBO here. There's actually an advantage inherent to local selling in that you're able to inspect the item before the seller is paid (when you confirm that you've received the item in the app, transferring payment to the seller).
- bagels 13y agoRyan, the question is about protecting the seller against buyer fraud. How this will happen with your service are the following: 1) Buyer does not acknowledge receipt 2) Buyer does a credit card chargeback Does the seller bear risk in these cases? If yes, why? If not, then that's great, but I find it hard to believe that your company will eat these losses since nobody else is willing to.
- joncalhoun 13y agoIf I had to guess this will ultimately turn into something where the seller gets the buyer to do it in app before they part ways. Buyer has a chance to verify the product works with the seller there and seller knows the buyer has validated the exchange before leaving. Still leaves room for products that appear to work but have some subtle flaw but this issue is still present with craigslist with local sales.
- baddox 13y ago> Still leaves room for products that appear to work but have some subtle flaw but this issue is still present with craigslist with local sales. Exactly. This is inherent to any individual sale or exchange of used items. Unless explicitly stated otherwise, products are "as is" and sales are final.