Just wondering how safe is it to deal on Sedo, couple of months back I had a deal cancelled because of a buyer charge back on his payment, I was thinking what if the domain was transferred and he did a charge back, would I lose the domain and the money?
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Sedo charge back question
- Thread starter Takwa
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sedo
Sedo Staff
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Sedo
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- Aug 25, 2005
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Hi Takwa,
Although chargebacks by buyers do occasionally occur (not all of them deliberate), they are immediately flagged by our Accounts department and the transfer is put on hold.
I can honestly say I've never seen it happen that a buyer has managed to charge back and get hold of the domain as well, but if it were to happen, we would never let a seller be out of pocket. If we couldn't get the domain back, you would still get your money.
As I say though, luckily that scenario has never happened as far as I'm aware.
Regards,
Shaun
[email protected]
Although chargebacks by buyers do occasionally occur (not all of them deliberate), they are immediately flagged by our Accounts department and the transfer is put on hold.
I can honestly say I've never seen it happen that a buyer has managed to charge back and get hold of the domain as well, but if it were to happen, we would never let a seller be out of pocket. If we couldn't get the domain back, you would still get your money.
As I say though, luckily that scenario has never happened as far as I'm aware.
Regards,
Shaun
[email protected]
- Status
