Preventing Fraud
When using CQout's own Secure Pay service, payment is not released to the seller until the goods have reached the buyer and been deemed satisfactory. This enables CQout to prevent any illegitimate transactions from being processed until such time as both sellers and buyers are satisfied with each transaction.
Similar to eBay's feedback system for combating auction fraud, CQout has also addressed these issues with their own anti fraud initiative. This comes in the form of their 'CQ trusted' medal. Sellers are only granted this medal if (among other criteria):
a) the seller is known to CQout and/or has a good trading track record
b) the seller is known to be genuine and honest
c) the seller is reliable and provides above average customer service.
Read more about this topic: CQout
Famous quotes containing the words preventing and/or fraud:
“If anything characterizes the cultural life of the seventies in America, it is an insistence on preventing failures of communication.”
—Richard Dean Rosen (b. 1949)
“The disfranchisement of a single legal elector by fraud or intimidation is a crime too grave to be regarded lightly.”
—Benjamin Harrison (1833–1901)