Audience
Sellers and buyers seeking a secure solution to buy, sell, or trade across the world without worrying about payment or delivery
About Safefunds
Safefunds.com is the most secure way to do any kind of business, anywhere. Buy, sell, or trade across the state, across the country, or across the world and never worry about payment or delivery. Every transaction, at any price, is fully protected. From a single item to complex multi-party agreements, Safefunds works for both individuals and businesses. Use Safefunds and never worry about losing money on the web. It's just that simple! Either buyer or seller enters the transaction into the Safefunds system. It is addressed to the other party. Buyer and seller negotiate until both agree to the terms and conditions. Safefunds is designed to be clear, easy to understand, easy to use, and unsurpassed in security. Compare Safefunds with any other similar service and you’ll find Safefunds.com has very clear terms and conditions, very reasonable cost, and provides a very high level of real client service and protection.
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"Lots of fine print. Not so easy" Edited 2023-05-19
Pros: Appeared to be set up to protect buyers and sellers. Concept helps if you are making large transactions and don't know who might be scamming you...but beware of the middle man who takes money no matter what.
Cons: Safefunds is taking their cut even if a transaction does not occur! Seller pays if transaction goes through, buyer pays if transaction falls through. They take near 1.3% of whatever money is sent to them. You can't glean this from their rudimentary terms and fees page, until you are hit with the fees. Then upon re-reading, it appears they enact the transaction fee toward the buyer. I was skeptical since their whole site looks like it was made by a high school kid. I was right. Rip off! Steer clear! The whole concept of such a business is to protect buyers and sellers, but they prey off such people. My seller found a different buyer, but I am left paying a backout fee......screwed. Bad business. I never would have sent them money if I knew it was not returnable. They still have 28K of my money and my guess is it will take some time to get it back.
Overall: I was robbed. I have nothing more to say. A seller asked my to fund an account so we could deal in good faith. I read their rules and mis understood they were going to take a cut regardless of whether or not you got your product.
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