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buyer protection escrow online classifieds Uncategorized used cars

How To Safely Buy A Used Car

Every day, hundreds of people are losing their hard-earned money trying to buy used cars. The pre-owned car market is very popular because if one looks hard enough, there are some really good deals to be found in that market. However, as with most markets, the used car market is attractive to scammers who are always on the hunt for their next victim. These scammers use Facebook and other online classifieds platforms like Gumtree and OLX to advertise nonexistent cars. Sometimes it’s not easy to differentiate between what is a scam and what is a legitimate sale.

The following are common signs of a scam:

  1. The price of the car is well below the market value. If it seems too good to be true, it usually is.
  2. Scammers will refuse to provide sufficient contact details. The phone number provided is either faulty, remains unanswered or goes directly to voice mail
  3. Scammers turn off commenting on their posts so people can’t tell other people that the sale is a scam
  4. Scammers will usually make an excuse for not being available via telephone
  5. Scammers may demand the full price of the car, or a deposit, to be transferred immediately. Once they have received money they fail to release the vehicle and become difficult to contact

Scammers often claim to live overseas or have some kind of hidden agenda

Tips to avoid scams:

Never transfer or hand over cash to a seller if you have not seen and verified the vehicle

Always meet with the seller in person, preferably in a public place

Always do a history check on the vehicle to ensure that it’s not stolen and that the car’s details match those on the ownership registration and roadworthy documents

Check that the Vehicle Identification Number (VIN) matches the number on the owner registration and roadworthy documents and that the VIN number on the car has not been tampered with.

Check that the seller’s address matches the address on the registration and roadworthy documents.

Research the car’s value by searching for similar models online. If the value of the car is far below what it should be, it could be a scam

Check the service history of the car

If you suspect fraud or are a victim of a scam, contact your nearest Police station immediately.

One way to ensure that you never fall victim to scams is to use an escrow service like Paysho when buying a used vehicle. With Paysho, you are guaranteed to either get what you pay for or, at the very worst, your money back. Click here to learn more about how Paysho works and how it can protect you from getting scammed.

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Buyer Protection Against Dishonest Contractors

A few months ago, Carte Blanche flighted an episode on which a Johannesburg pool contractor was accused of scamming several home owners out of huge amounts of money. The story goes that the contractor would collect a 50-70% deposit, arrive on site to dig a massive hole on the ground, leave and never be seen again…


Thousands of homeowners have lost hundreds of thousands of Rands to dishonest builders, carpenters, plumbers and other contractors who have talked a good game, collected a deposit and then disappeared into thin air. In some instances, the contractor does complete the job but does so in such a shoddy manner that sometimes another contractor has to be hired to fix the mess. 


Admittedly, most contractors do a good job. And when they mess up, the vast majority put it right at once. But there is a minority out there who will do a bad job and then find ways to avoid putting it right or simply disappear without completing the job after being paid a deposit or the full amount.


Thanks to Paysho, you no longer have to worry about people running off with your hard-earned money or delivering poor workmanship. Paysho does not only provide buyer protection for physical goods but for services as well. With Paysho, your money is always 100% safe. Guaranteed


And there is usually no obvious way to tell good the good guys from the bad guys because the bad ones don’t look or sound like bad ones.


#BeSureWithPaysho

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buyer protection Uncategorized

Beware of COVID-19 Scams

One silver lining that the COVID-19 pandemic has brought about is the large number of South Africans who have been able to generate an income for themselves by selling different kinds of personal protective equipment including masks, face shields, sanitizer dispensers etc…

Although no formal studies have been done with regards to the revenue that has so far been generated through the buying and selling of this equipment, the surge in the number of related social media posts, websites and classifieds adverts suggests that it is likely to run into hundreds of millions of Rands.

Many of these websites, social media posts and classifieds adverts will be from honest sellers. However, there will also be people that seek to take advantage of unwary buyers and scamming them out of their hard-earned money. Without proper precautions, the goods that a buyer receives may not match what they paid for. Or, worse yet, they may not receive the goods at all.

One way to guarantee that as a buyer you 1) receive the goods you’ve paid for and 2) that they are of the correct standard and quality is to use a reputable escrow service like Paysho to facilitate your payments.

How Paysho works:

  1. The buyer and the seller agree to the terms of the transaction.
  2. Paysho collects the funds from the buyer and the seller is notified that the funds have been secured.
  3. The seller ships the agreed goods to the buyer
  4. The buyer receives and inspects the goods
  5. If the buyer accepts the goods, Paysho releases the funds to the seller.

#BeSureWithPaysho

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Time Is NOT Against You

One of the tricks that scammers use to rob you of your money is to put time pressure you. For starters, they will advertise something at such a good price that it will attract a lot of potential buyers. Anyone who shows interest in the item will be told that there are many other people interested in it and that the only way to secure it is by paying a deposit or even the full amount before they’ve even seen the product or confirmed the legitimacy of the sale.

This pressure does work because everyone likes a good deal. And the scammers know that. However, if you are in a hurry to secure the item, you are more likely to make a mistake or miss a red flag – this is exactly what scammers are hoping for.

Don’t rush into a sale right away. If something feels off about a seller, you are not under any obligation to buy and you shouldn’t be pressured into buying something before all the safety boxes have been firmly ticked.

Of course, one way to protect from any scams is by using an escrow service such as Paysho whenever you want to buy or sell from Facebook, Instagram or online classifieds. Paysho gives you peace of mind with every purchase you make by ensuring that your money is protected from any scam. Whether you are buying online or offline, you can be sure with Paysho.