What does SA’s Grey Listing mean for you and your business?
What does South Africa’s Grey Listing mean for you and your business? South Africa’s recent Grey Listing by the Financial Action Task Force (FATF) has caused a great deal of concern for South African businesses and individuals. This decision, made on 24 February 2023, has noted the country’s lack of progress in combatting money laundering […]
Top 3 Ways to Prevent Non-Delivery
Buying and Selling Goods and Services Makes Our World Go Round. It creates jobs as well as helps us get what we need to live. But as a lot of sales have moved online, it can make it harder for buyers to get what they need safely, and sometimes sellers are in a position to […]
How Escrow Prevents Fraud
Fraud Hits Companies and People Harshly With over 60% of South African businesses falling victim and losing over R1.5 billion. Money loss is one thing, but fraud also hits the image of businesses and causes a lack of trust in partners. With the impact of fraud being so devastating, why aren’t there better ways to […]
Escrow Stops Scams
Online scams still happen every day and many of us know at least one person who has been scammed in the last year alone. If we consider that 23% of people contacted by scammers end up losing money, it makes sense that even people we know well fall victim. Even though there are a few […]
Why Is No One Talking About Escrow?
In a Scam-Filled Online Landscape, Why Is No One Talking About Escrow? Whenever we buy something from someone online, there is always some risk involved. Scam prevention methods and secure checkouts can make it safer for us, so we rarely have to think about the risk when shopping online. But even when buying on secure […]
