Imagine this scenario:
After years of sitting at home looking for a job and not getting one, you finally decide that enough is enough and decide to start your own small business. You start looking on Facebook and other places for things to sell.
Eventually, you find something. A lady in Johannesburg is selling 10 pairs of shoes at R250 each. The shoes are so beautiful that you could easily sell them for double that price. The problem is that you don’t have the R2500 you need to buy the stock. But you believe so much in the product and your ability to sell it. So you decide to borrow the money from a friend or a relative.
You then contact the seller, exchange phone numbers, address details and bank account numbers. You send the money off to the seller and patiently wait for your stock to arrive. In the meantime, people are starting to place orders with you in anticipation of the the stock that is on its way.
One week passes. Then two. Then three. And the stock has not arrived. You contact the seller and get no response. You send messages. Still no response. Another few weeks go buy and as hard as it is, you are forced to accept that you have been the victim of a scam. Now, not only have you lost R2500 but you now owe that amount to the friend or relative you borrowed it from.
Stories like this one happen everyday. Every single day. The good news is that it does not have to be that way. Not with Paysho around.
Whether it is physical or digital goods, Paysho ensures that all buyers and sellers are protected equally and can transact with each other in complete peace of mind. Click here for more information on how Paysho works.