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Safefunds is taking their cut even if a transaction does not occur! Seller pays if transaction goes through, buyer pays if transaction falls through. They take near 1.3% of whatever money is sent to them. You can't gleen this from their rudimentary terms
Safefunds is taking their cut even if a transaction does not occur! Seller pays if transaction goes through, buyer pays if transaction falls through. They take near 1.3% of whatever money is sent to them. You can't gleen this from their rudimentary terms and fees page, until you are hit with the fees. Then upon re-reading, it appears they enact the transaction fee toward the buyer. I was skeptical since their whole site looks like it was made by a high school kid. I was right. Rip off! Steer clear! The whole concept of such a business is to protect buyers and sellers, but they prey off such people. My seller found a different buyer, but I am left paying a backout fee......screwed. Bad business. I never would have sent them money if I knew it was not returnable. They still have 28K of my money and my guess is it will take some time to get it back.
Review date 2023-05-16 20:45:33
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