Is this Bullshit???
 

www.wenmart.com

I am doing an auction and the buyer wants to use this escrow site. It looks okay but it doesnt even come up in google. Anyone ever heard of them? Its an expensive item I am selling and I dont want to get burned.....

If no-ones heard of it, then it'll probably be best not to use it.

You ought to have put a "PayPal only" warning at the start of the auction, maybe - at least you know then that you're protected against fraud to some degree.

Can I ask which auction site you're using?

I took a look at the site, and I couldnt find a phone number anywhere to call them, even though in the Contact Us section it says our phone lines are open 24/7. If you ask me, that site looks like one of those default templates in a website maker, where you just enter your own text and change the pictures. And if you look at the logo for Wenmart, it looks pretty crappy.
My opinion DONT TRUST THEM

Don't trust paypal either.

www.paypalsucks.com

The stuff on that site actually happens. I've had multiple friends and my family suffer because paypal is just a big embezzling and scam operation.

Now, when you sign up using a bank account, they ask for your online bank login and password, and the Terms of Service says you give them power of attorney to use your money on any third party site.

So what does one use, oh venerable... one?

You don't want to use that Wencart, you don't like PayPal, cheques can bounce, and cash in hand, well, you can get mugged, beaten up, and have your car stolen.

Money orders work best.

Paypal took 4 days to do an "e-check". I could have mailed a money order in 3 days and felt more secure about it, too.

Sent money in the post? Actual cold, hard, cash?

I'd be worried that someone would intercept it and nick off with it. It happened to one of my birthday presents once. :(

It happend to me too, I sent about 200 dollars to my mom from basic training and it never arrived.

You arn't supposed to send cash. I read the postal workers can tell if there is cash in it when they screen it, and they take them.

A money order. Not cash.

But I don't know what a money order is!

Is it like a cheque? Or a traveller's cheque or something?

money order

n : a written order for the payment of a sum to a named individual; obtainable and payable at a post office


Basically you take $300 to the post office, turn it into a money order, they charge a nominal fee, and you mail it to someone. That person exchanges it for $300 at a post office (or bank that accepts them). Since only the name you sent it to can cash it, it is similar to a cheque.

Ah! I getcha!

It's like the Templars form of 'banking' in the times of the Crusades - people paid their gold into one Templars 'Bank', and were given a written receipt. They could then cash that receipt in any Templars 'Bank' and get that amount of money out. Saved them from travelling bandit-ridden roads with coaches full of gold.

I'd say insist on escrow.com if he really wants that service. Other than that, walk away.

Ive gotten over 2k in possesions via ebay and paypal free. It's ridiculous.

Wonder what Kaos is at. ;-\