OLX (also known as Online Xchange) is one of the most popular classified website on the internet. It is also an online market to sell and buy goods and services via the internet. If you use OLX much as I do, then you should be very careful to avoid coming in contact with fraudsters using OLX to their advantage.
A lot of people have been condemning olx.com, referring it to others as a site with fraudsters. I always sell my used stuff with olx and I can testify that it is one of the reliance of technology to link up real seller and real buyer.
I have drafted some tips to buy and sell via olx to avoid fraud. If you follow the tips below you can never fall a victim to any fraudster in OLX
Tips for Buyers:
- Buy locally so you can inspect the item, meet the seller, and pay at the time of pickup or delivery. Remember to use a safe and public location to meet.
- The best way to transact is to exchange the item and payment at the same time. Don’t send money, I repeat, DON'T SEND MONEY before you see the item and you are satisfied that it meets your requirements.
- Ask for clear information on condition of the good and the price before you meet the seller.
- Get a verifiable telephone number of the seller.
- In case of electronic goods, cars, and bikes you should test the functioning of the product before purchase.
- When you buying a car or land, whether on OLX or any other market place, you need to confirm ownership at the relevant authorities.
- Do your research on comparative prices for the product.
- Do not share your financial information for example bank details, pin, e.t.c
- Always use the “Email Seller” to get in touch with the seller. This will help OLX team notify you immediately if they are made aware of any fraudulent activities by the seller.
- It’s preferable to take the full payment at the time of the delivery. Remember to use a safe location to meet.
- It’s not advisable to accept cheques.
- Verify the buyer credentials if there is a request for a bulk order.
- Get a verifiable telephone number from the buyer.
- Ensure that your product meets the features you list in your ad post to avoid misunderstandings with buyer.
- Do not share your financial information except the one required for payment.
sell what you dont use
its free and with no commission
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