eBay Bonding Company Expands

auctionbytes: 

BuySafe is expanding its eBay bonding service to retail websites. BuySafe’s Bonded Shopping program qualifies eBay merchants, identifies members with a BuySafe Seal, and uses surety bonds to provide broad protection for individual buyers from online transaction risks. This week, the company has launched the first service that enables retail websites to display a “meaningful trust signal backed with a broad guarantee.”

Merchants who qualify to use the BuySafe Seal have passed the BuySafe Business Inspection, which ensures the merchant is trustworthy, reliable and committed to delivering on the terms of the sale. These retailers can then display the BuySafe Seal on item listings, which tells consumers the transaction is guaranteed with a surety bond of up to $25,000. Additionally, all BuySafe Bonded Sellers agree to allow BuySafe to continuously monitor their performance.