Free Escrow Service from SeekIC makes Your Transaction Safe

Published:2012/3/22 3:51:00 Author:Li xiao na From:SeekIC

The economic connection between different districts becomes closer and closer today, which drives the development of international trade. Despite so many advantages brought by the international trade, people still have concerns, such as the honesty between two parties. As we know, “honesty and faith” is the base of a successful trade. In the process of trade, two parties are not familiar with each other, so the risk of international trade is higher than the other trades. Furthermore, many uncertainties exist in the long process. Just imagine what the solution is if buyer disappears during the trade, or what the buyer should do if the supplier disagrees to refund the money？

Giving up the trade with unknown companies is not a wise choice, which will make you lose many opportunities; therefore, the third party payment is the service you need most. However, the third party payments are complex and multitudinous. TT, West Union and Paypal are most widely used. These three payments have their advantages and limitations.

TT means turning money to the bank account directly. It is only suitable for the collection with large sum, and the buyer should pay the money firstly. On the credit problem, TT also has high requirements. Then, the West Union is a traditional transaction mode, which demands the buyer pay first. It has restriction on the transfer quantity. If the transfer quantity is large, West Union’s commission charge can be very high. At last, Paypal is the trade between different accounts, which ensures the benefit of supplier best, but the user should pay for the high commission charge, and the accounts of Paypal can be easily frozen, which will bring loss to the company.

With high reliability and solid strength, SeekIC offers the traders another choice of third party payment that is SeekIC Escrow Service. Escrow Service also protects the benefit of the buyer, and it will not be partial to any side. The purchaser gives payment to SeekIC in advance after confirming the agreement; SeekIC will not inform the seller to ship the goods without receiving the payment; SeekIC will pay the seller only when the inspection of components has no problem. Moreover, SeekIC offers Free Escrow Service, which helps you save the cost.

SeekIC is the leading global online marketplace for electronic components. Originally, the escrow service is developed for the buyers who choose our senior or diamond member as supplier, but it has extended its service area now. Everyone can enjoy the Escrow Service as long as he has a trade contact. SeekIC intends to give experiences to more users and create a safer trading environment. “The whole B2B industry should unite together to build a faithful trading environment and get rid of the cheater from the B2B website” said Shiny Lee, the sales manager of SeekIC.

SeekIC already has had many successful Escrow Cases, find them out: http://www.seekic.com/escrow/.

About SeekIC

SeekIC.com is an online marketplace for purchasers to seek integrated circuits and other electronic components in the world. SeekIC is dedicated to creating a safe and open transaction environment for both the buyers and suppliers. Through over five years of development, SeekIC has increased to ten thousand of members from 240 countries and covered 40 million in-stock electronic component inventories. In addition, SeekIC has accumulated over 20 million datasheets and 10 thousand circuit diagrams. There are over 10000 new part numbers uploaded every day. SeekIC is aiming to help the global buyers and suppliers of electronic industry find international business opportunities.

You can get more information about SeekIC on http://www.seekic.com

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