Bitcoin Forum

I am selling my goods into various buyers. Yet, some buyers do not pay once they received the goods. So what is the best do you think should I do in making transaction. I don't want to lose costumers but I don't want to lose my money too.

Use escrows. There's a list here (https://bitcointalk.org/index.php?topic=855778.0), some of them doesn't even charge a fee. In case you don't know what escrows are, read this (https://bitcointalk.org/index.php?topic=1626462.0) (or google).

Get them to send half-4/5ths before you mail the good out and then get them to send the remainder. Get them to send whatever would cover or majorly cover the cost of the item, and then get them to finish it up after that. It might not be a perfect plan, but it should help to mitigate a majority of the issues you're having. If people don't want to pay for it beforehand, then skip out and think of it like you dodged a bullet.

Use escrow or send goods after receiving payment, only options :)
Good luck in your endevour.

what goods do you sell? like longbob72 said, you can use escrow to cover the risk. i have another suggestion, i think before you send the goods, you can asked them to paid first, not full but for half price first or 75% from the price and you can offering to them to make the payment for two time, first is when the goods ready to be send, and two is when the goods is arrive in destination so if something bad happen, you still have the money although you get loss for the money but its not for full money.

First thing that you must consider if you are trading is that you must know first your buyers. Know their basic info and identity to avoid hoax. Another thing, if you sell goods, you must secure your buyers' payments first before they receive the item. Or for more secure transaction, a face to face deal with trade is more dependable. This is what we call, cash on delivery process. By this, you can secure your transaction with your buyers.

Make your system, Regarding from a lot of the member was saying for using the escrow, but you must have done any relationship with escrow,

If people were buying your goods, make sure he was making any transaction for your escrow, and your escrow was going any confirmation for you if the amount already in his escrow wallet.

If you want not to lose customer and you dont want to send first. use escrow there are many trusted escrow here. Its either your customer send first or use escrow and use your customer to give feedback to you, so that if your new customer see that they didnt think that you are scammer

if you are a trusted seller like having an old website or something like that you get paid first and then send the goods just like many others, i have actually never heard of someone who sends the goods first and then get paid!
and as others have said if you don't have a site or your are new and don't have any history of trust you go through escrow.

1) Escrow, they send the money to escrow and you get the money when the goods arrives.

2) After you got a good reputation, they can send first to you.

3) Smart contracts. (I don't know much about)

the best way to make transaction is by downloading the app zebpay and create a account there selling there bitcoins if are an indian otherwise u can transaction with localbitcoins .but be careful there . because there are a lot  of spammers and trying to fool u .but always go for trust worthy people and verified accounts .which is best for u ..kudoos :)

i think the best way to make transaction is by downloading zebpay and sell  ur bitcoins there .or otherwise create a account in localbitcoins and verify ur account through email id ..ad look out for spammers ..always go for  transactions with people who have verified stamp and are trustworthy.kuddos :)

- Never deal with newbie members without escrow in middle or even don't trust some high ranked members if they don't have very good reputation.
- If price of item is very high try to use escrow for deal between anybody.
Also it depends upon what you are selling, if it is in digital form than try to use platforms like https://bitify.com/ and https://satoshibox.com/

If I would start selling goods, I would wait the buyer send the money first to me. This is the procediment used by all the shopping sites I know. If you are a reputable seller, buyers won't complain about this rule.
If you aren't very reputable yet, use a trusted escrow service, that is a guarantee of a succesfully transaction for all the parts. Or join a shopping online site and put your goods to sell there.

Look for a reputable member,find a nice escrow who can make the transaction fast and make sure to give correct details about the deal.Also make sure the escrow is active most of the time,otherwise the deal will prolong which isn't really nice.Also make sure that the escrow is willing to give you all the information you need about the other member who you deal with and does not hide any important information.If you follow these steps you shouldn't have any problem with making the deal.Good luck

First of all, keep your common sense before close any of deals. Second: do like  people above told you, use escrow service. Third: Stop losing money, it is stupid.

I am curious now. What do you sell. Surely you have heard of escrow? You must use it. You have their coins released to you on delivery. I think you must always ask for the money upfront. Its best to practice business that way.

You needed a reliable escrow platform which make your customer that the thing you want to exchange or make deal is satisfied when the escrow person got the information that the product is got by tge customer is totally satisfied then he will release payment .

A lot of people here are suggesting that you use an Escrow service, but they should rather suggest that you use a trusted Escrow. Do your homework and research before you just jump into Escrow services, there are dodgy Escrow services too.

Just remember to absorb the cost of these Escrow services into your selling price, and I will suggest that you start with small transactions until you have built a trust relationship with the Escrow. ^smile^

its really hard to see our customer don't pay for the price but i think before you sell, you need to make approach with your customer and asked them to use escrow to anticipate bad thing. is your customer is fine then you can continue, but if not, better to not make a deal with him. better we make a deal with few people but they are really serious to make a deal with us rather than scam person.

OP can start with the escrows that charge nothing and when those are too busy to attend to you, try the paid ones.

What kind of good are you selling? What quantity?

If you are a big seller, you can make an website and use an API, just let your info on the site for the buyer so they can have more trust and after sometime and good reviews you will have a good amount of clients.

It will always hard to start an online business. As usual issue on sell/buy stuff online, buyers are afraid that they will not receive the stuff after payment and sellers are afraid that the buyers ask to send the stuff first. The first thing to do on this kind of business is using a trusted escrow, this will make both parties feel safe on what they are going to deal.

As suggested by many users, you can go with escrow transactions to cover any losses. Alternatively, you can build a reputation system or even use it from available sites (public or private) where you can rate customers and next time you can deal with the certain amount only which is defined by your previous deals. You can also build your private reputation system with Microsoft excel or Google spreadsheets.

      Yes but you don't want bad buyers either. If you are a new seller and you want to gain good reputation assuming that not only you have a shop but you use sites as ebay you would consider that you have some loss in principle from bad buyers. After a while when you gain a good reputation people will trust you (positive feedback) and you will claim some amount in advance and the balance on delivery or entire the amount. Good buyers know how difficult is for a seller to acquire positive evaluations and will trust you to send their money in advance.

if you have that kind of issue the best thing is find trusted and reputable third party as your mediator, if you are transaction using bitcoin you can use escrow, but if you are doing in another currency you need to find the trusted third party by yourself, usually after you done a lot of transaction and your reputation already good you won't need any of that anymore because people will trust you

Use 2 of 3 multisig address with an escrow. A multisignature address will be generated with the buyer, seller and the escrow's key. Have your buyer send the fund to the multisig's address. If the transaction goes well, the buyer and the seller will be able to sign the transaction to transfer the funds to the seller's address. If there is a dispute, the escrow can decide who to release the fund to.

Trust is hard to gain especially on online business. Many are afraid to transact with strangers. Before you have thier trust, they will ask for many proofs, if you are just a new seller you ate on risk. 2 things u must bear on your mind, you are dealing with scammer or dealing with trusted people. Escrow and mediator can be very helpful. Or if you are near from the place of your buyer or seller, try to have the meet ups option.

Well people already advices you how to proceed, you will need an escrow to handle both parts funds, otherwise you will get scammed very soon and i dont believe is that you wanna.

Have a trusted escrow or midman. If you're selling here in the forum find some reputable escrows. If it's througu using social medias like facebook choose an escrow that you will agree both. If your costumer is not agreeing for escrow think twice or don't make a transactiom to that costumer. You may lose money in the end.

That's not really a good way, usually people don't trust the seller and wold not even send half the btc first and as you said in other case they would just refuse to pay the other half, that's just in all a loss for the seller. The best method is escrow as suggested by many people in previous posts.

Do you use bitcoin or some other payment method?

Use escrows,if you trade goods for bitcoin.This lowers the risk,but can`t remove it completely.

The best way for that is make sure that they are really going to pay you after you send them the goods, how? just simply ask them to send you pictures that they are a legit buyers or you can also use Escrow for that to be 100% sure that they are really going to pay you because it is really sad whenever you get scam and I know that feeling.

I will suggest you for to offer discounts offer for your customers at online payment during order , In this way you will get you money for your product before delivery and with attraction of discounts more and more customers will come to get products or goods by you .

that's easy i wouldn't send any merchandise to anyone until they have paid, thats not an unreasonable thing to ask.

I think you can show the proof of shipping to your costumers that the goods has been shipped to them, and you can do suggesting to the costumers waiting until the goods coming to their home, you don't have any reasons fear lose bad costumers if they just be liars to you, still there are many honest costumers out there.

Obviously an alt accounts of yours, the same writing style, even the words you used is the same and your username  :'(
And the worst part is you use this accounts to farm and the one is already is wearing a signature.

Anyways back to OP you don't have to be reckless specially when you are in business. Escrow is a must if you are selling it in this forum and if you have already a website its a  must that you must receive the payment first before sending goods to your buyer.

As most users quoted, using escrow service is the best option to keep your customers as well earn through your business. Other than this based upon the trust you have you can demand your customers to pay initially and can ship after receiving the amount.

that's right , you should use escrows in order to ensure that you are in a secure and safe transaction . or if you are having a hard time finding an escrow then maybe you can tell the person who wants to buy a goods from you that he need to send the payment first before you send your goods to him don't worry about the customer because as what you've said some customer are not paying after you send the goods/service to him so this will be good for your business .