Hey Guys, I'm considering making a very large purchase of sites, content, programming, etc from a company in India. The payment is being required up front for the project and will be delivered over a period of a couple month. I know that if I pay with Paypal since this is not a tangible item I am not really protected. This is thru an existing and established DP member but still if it's going to be for $xxxx I feel I need to have some security. If I use escrow.com how hard is it for the person in India to get the money? What do you guys recommend?
Why not get it done via bank ? Its pretty safe & legal. I am getting some money via bank transfer , i just needed to send across some route # details to the party in USA.
Wire transfer is secured but then there is no guarantee that the other party will actually deliver the web design, it just guarantees they get their money. I guess in this, you probably just need to trust the other party to make good the transaction. I guess doing part payment would reduce your exposure.
Better to pay some advance and paythe rest in trances as the project continues. That way you are assured that the work will be completed within the timeframe and also the Indian counterpart will get an advance and can start work. I hope this helps. Al
I believe he is actually looking to get some security/assurance for his project which should be completed once he makes the payment . Maybe both of you can sort out something like 60% upfront and rest of money after looking the progress of the project .
Yeah, I agree with the above. Dealing with someone you can trust, hopefully good itrader, references, etc and then doing percentages based on completion of work. Anyone in India recieve money thru escrow.com?
I would normally suggest a wire transfer - quick legal and easy. if your worried about not getting what your paying for - why not use a credit card - that allows you charge back protection. otherwise pay half now and half on satisfactory delivery - and get it all in writing.
Wester Union is the best solution for you. That will help you to copy the passport ID and you can easily get the guy back if he scams.
I don't know what to tell you. It's a big risk that you are taking. If you had met this guy at a freelance website, you could have used their escrow services. Here, you are out of luck.
Its not at all hard, it takes around 7 to 8 days to receive the money thru check. I have used escrow many times for selling websites and get money in India from escrow without any problem in 7 to 8 days after it is released from escrow. So my suggestion would to go only thru escrow if you want yourself to be safe (specially if it is your first transaction with the guy).
1. Check the indian company's references, Hopefully they should have some USA references 2. Talk with them once or twice so that you get hold of their phone number and hence their postal address 3. Nowadays Many legal firms especially indian owned firms in USA have their branches in India I know quite a few in Chennai (the city I live in) and even though the justice system in India is not as fast as in USA still justice is served. so you can enforce any breach of contract even if the other party is in India. 4. Paying 50% advance is a good thing rather than paying in % and will make the company put in more effort in your project since they can rest assured that they are going to do the whole project.