The world is a big place… Or so it used to be. With the ever-growing powers of the Internet and countless ways to connect to each other, we literally have any service at our fingertips - usually on our smartphones.
uying something you need has never been easier, especially with cheap competitive prices and next day delivery. We all do everything online now. I can tell you about many occasions where I bought a product on eBay from Hong Kong just because it was cheaper. Makes you wonder how people managed in pre-Internet days, doesn’t it?
But there are problems as well. As things get easier to buy, swindling and conning people gets easier too. We’ve all had a friend who’s been overcharged, has received the wrong goods, or found that the seller has simply vanished after payment was made. Scammers are able to target so many innocent souls just because the world is getting smaller for them too.
Thankfully, we have services like PayPal and Amazon with the facilities to help us be protected. But even so, we might still get swindled because of other reasons, like being misled by the description or the images.
So how can we save ourselves from being conned?
We’ve been warned countlessly about this. Always buy from trusted sellers, read the description carefully and ask questions, use trusted paying methods like PayPal and never give out your bank account details and personal information. Taking precautions like these ensures that we are not cheated.
There’s also StretchPay, a new tool that you can use in conjunction with PayPal. You, the buyer, can stretch out the payment to suit your needs. So, you don’t exactly trust someone but you really, really want a product? Pay through PayPal but use the StretchPay tool; that way you can trickle the payment through and stop it as soon as you think you need to… So in essence, you can pay for exactly the services you use and nothing more.
It’s a great tool to use for non-material products too.
Lets say you want to provide some services to your customer via any videochat,( e.g.)for example a lecture, a consultation, or some performance. Of course you want to be sure that you’ll be paid, as well as your customer want to be sure that
his money well spend.
Stretch Pay’s program works to slow down the speed of fund transfer, ensuring that fraud and quality can be verified prior to the funds being released. For instance, in the case of sellers providing a service to the buyer, the funds can be placed in escrow, and then released as the quality of that service is verified. This provides substantial security for the payer. With this unique platform, both the seller and the buyer can visually observe the process of money “flow”.
The payer controls the speed of money flow, and can increase or decrease the velocity of money flowing to the service provider to influence the quality of the service provided. This solution offers protection when standard PayPal payments do not – there is no means by which to start a dispute regarding nonmaterial service through PayPal. However, Stretch Pay’s program is beneficial to sellers, as well.
In the past, sellers were limited to either prepayment, which few buyers liked, or payment after services were rendered. This left them open to nonpayment in cases where the buyer disappeared without paying the charges. With funds placed in Stretch Pay’s escrow program, the money is securely out of the payer’s hands, and delivered to the seller on release.
Stretch Pay ensures that buyers only have to “pay while happy”, and that they are able to cut unnecessary expenditures.
StretchPay via PayPal is the wave of the future, and the future is here and now. If you would like additional information on the exciting, new
Pay while Happy concept, please visit
https://stretchpay.net.
Have a quick look at how it all works on the
test transaction page. The service is very useful today, when a significant part of relations between humans are moving to the cyber space
What ways do you think this can benefit you? Comment below and let us know so we can share them too!