Oche211:
U want people to trust this proposal in recession?
Why do u suggest ur acct? Why nt dat of seun, lalasticlala, mynd44 or a central nairaland account.

capnies:
I might not be long on this land, but my short stay has shown that if something urgent is not done our forum will not progress much. many of us want to do business with each other but fear of what happens when cash or goods are transferred becomes a hindrance , leading some people out of the forum. I propose to give out my account number to anybody that wants to transact business on this forum, the money should be transferred first to that account when the goods or services is received. then I will transfer the money to the seller or service provider. with 0.5persent interest paid to me, shared between the two parties in the same ratio 0.25percent each. I live in PH I bank with first bank, I can transfer uptown a million a day. if it's possible I would love the management to send spies to my area and make independent survey by asking people within metres of my business environ if an reliable or not. I won't blow my trumpet, but I assure you that. one naira of a member will not go missing again. I've bee a treasurer for a cooperative society for almost seven years and no issues, controlling almost 10million naira of public fund. it's just a proposal, the decision is yours to make. thanks

xpressTrade:
listen to urself

capnies:


u can only go against this if u can't trust itself: I wonder how much could be transferred by an individual in this forum at a time. like the guy that just lost 83000 to bitcoin exchange that could be averted. I could mortgage my sienna each time before any transaction is made if we can establish a task force to that effect.

capnies:


u can only go against this if u can't trust itself: I wonder how much could be transferred by an individual in this forum at a time. like the guy that just lost 83000 to bitcoin exchange that could be averted. I could mortgage my sienna each time before any transaction is made if we can establish a task force to that effect.

nanaman:


You suggested but you didn't look into the hindrances. ?

Who will bear the cost of transfer to other banks. ?

If the buyer is not interested in the goods and services,request for refund and buyer insist there is a problem with the product upon receiving the product back,what do we do?

What about the time frame in services like data resellers.?

It would not work bro. Nigerians know how to detect scammers if they follow their instincts and ask questions but most us are in a hurry to make things work.

I was once scammed on nairaland about 3yrs ago That didn't deter me from from doing business when I learnt the hard way. I bought my laptop,thumb printing machine,wrist watch, phone and started my business in school.

nanaman:


You suggested but you didn't look into the hindrances. ?

Who will bear the cost of transfer to other banks. ?

If the buyer is not interested in the goods and services,request for refund and buyer insist there is a problem with the product upon receiving the product back,what do we do?

What about the time frame in services like data resellers.?

It would not work bro. Nigerians know how to detect scammers if they follow their instincts and ask questions but most us are in a hurry to make things work.

I was once scammed on nairaland about 3yrs ago That didn't deter me from from doing business when I learnt the hard way. I bought my laptop,thumb printing machine,wrist watch, phone and started my business in school.

MrLouisVanGaal:
This Escrow styled payment is good, but requires a professional set up that breeds trust. Getting some people together to hold some people's funds is not good enough. I think it would require a trusted organization known for such to see the light of day. Registering it as a business and having some people who may appear trustworthy still can't do it. People's minds become devious once they begin to handle sums they've never dreamt off

anochuks08:
Of course, you are right with this BUT those labelled Professionals quite started this way. If everyone avoided them and looked up to existing Professionals available then, the professionals you see and truth today, might not have seen the light of the day. We will make it so secure that even the death of the founders won't affect the business, the business will continue, but with newer faces.

I foresee this growing big everyday.

MrLouisVanGaal:


I am sorry but they didn't start that way, they enlisted the services of known companies to generate confidence in their business and as they began to grow, decided to take up the responsibility themselves, by then customer trust was built and firmly established. One of the biggest, if not the biggest risk you can venture in business is to handle funds that do not belong to you. Delay a bit to release peoples funds and the name you have managed to build small, would be tarnished overnight and in this internet age, once it's out there, millions will see it and change their mind too. However, if this your dream, please ride on...I would be glad to see it become a success

anochuks08:
Thanks for your input sir, its highly appreciated. Will still explore the options of enlisting with existing companies here. Thanks once again for this input, I appreciate.

Regards

anochuks08:
I initially had to this in mind, but a lot of things are to be considered. This is an escrow. It will require much like a team, not a personal stuff. People needs to be sure that no matter what, their funds are still safe. If majority of Nairalanders will accept this, I will gladly be part of it. These will be needed

1. Registered Business (Existing with an address). The business should be registered with a name and a functional address. All transactions will be made to the Corporate account of the registered business.

2. Disputes & Resolutions are bound to happen. I have a good means to make sure all ends with both parties satisfied.

3. A functional website will be required for this business to
thrive. Here, track records of individuals, business and even large organizations that have transacted through this platform can be kept and feedback from their past customers can be accessed by the public, anyday, anytime.

This strategy seeing the light of the day, would require massive support from both Nairaland and Nairalanders. I guess we could work as a team if Nairaland/ers buys this idea.


Regards

anochuks08:
Apologies Capnies for storming your thread, I have had this idea a long time and will do my best to make it a reality. I seek your permission to continue with my posts if need be.

Regards

nanaman:


You suggested but you didn't look into the hindrances. ?

Who will bear the cost of transfer to other banks. ?

If the buyer is not interested in the goods and services,request for refund and buyer insist there is a problem with the product upon receiving the product back,what do we do?

What about the time frame in services like data resellers.?

It would not work bro. Nigerians know how to detect scammers if they follow their instincts and ask questions but most us are in a hurry to make things work.

I was once scammed on nairaland about 3yrs ago That didn't deter me from from doing business when I learnt the hard way. I bought my laptop,thumb printing machine,wrist watch, phone and started my business in school.

capnies:


thanks brother I only took a step but I know that if we put our heads together we will arrive at something that will boost this forum reputation, traffic and transactions