Safefunds works like this:

 First, Buyer and Seller both enroll for NO CHARGE, NO OBLIGATION Safefunds memberships.

1.     Either buyer or seller enters the transaction into the Safefunds system. It is addressed to the other party.

2.     Buyer and seller negotiate until both agree to the terms and conditions.

3.     Buyer deposits the necessary funds in his personal Safefunds Account and commits the amount necessary for the transaction.

4.     Seller sees the funds reserved for him. Seller knows the payment is secure. Seller sends the item or provides the service described in the transaction.

5.     Buyer receives the item or service. Buyer releases the control of the funds to the seller.

6.     Seller withdraws his funds from his Safefunds Account either electronically or by check.

BOTH buyer and seller have been fully protected. Buyer did not release the funds until he received the item. Seller knew the funds were secure, before sending the item; there could be no payment fraud or chargeback.

If a disagreement arises, the Safefunds system includes complete dispute resolution service.

There is one low fee of $26 per transaction. Any size transaction is only $26.

For much more detail, click here.