Anyone heard of this email check service? Someone is offering to buy my Sea Doo using this method but there seems to be some fraudulent activity associated with some of the transactions. Any experience?
no experience there but if there has been fraudulent activity on his end in the past, then i wouldnt trust him
yeah I told him I don't take qchex but he could use paypal. He wrote back and said "sorry but that is the only way he does online business". The funny thing is its on craigslist and not ebay, so what's the problem, it is supposed to be local. Everyone beware of anyone using qchex....just search for qchex scam in google and you will see what I am talking about. I'm sure there are some legit buyers but apparently not enough.
Qchex is an online check sending service for business, merchant, and private use. It combines the benefits of a high-speed wire transfer with the low cost of depositing a check. Qchex is an interactive online platform that provides finance management and payment automation services to small businesses, consumers and institutions. Security In order to decrease the risk of fraud, all Qchex members are validated before check-sending privileges are granted. In addition to this validation, Qchex encourages all recipients to verify the validity of received checks. Qchex cannot guarantee that a check will not bounce or be disputed. it sounds as safe as paypal http://banking.about.com/od/securityandsafety/a/qchexfraud.htm or not!
Even if it is as safe as Paypal I wouldn't start using something that's not widely known. It would cause too many trust issues with the other party, and the less explaining and researching required the better.
read this http://www.bankersonline.com/ubbthreads/showflat.php/Cat/0/Number/377210/Main/358288/ thinking back on it this is the 2nd time someone has said they want to buy my ski from the Netherlands and mentioned their shipper and crap....what a scam