oga u people have been doing this escrow thigin as selfless service, why dont u continue with the good work just as u are policing war against fraudulent activities......what is the aim of this paid escrow if not to raise self revenue abi na personal revenue i go call ham. infact non mind me jor....i don high, i just dey inside wall since dey mouse my henekein.... continue free escrow jor

Tabbaz:







I thank all that comment concerning the issue of paid escrow

Seriously it pains me whenever scammer go with people's hard earned money as if it's my money.

I intentionally open this topic even though there was once an attempt to implement paid escrow recently but failed.

How

A company named lockmycash came to me to offer paid escrow service which I discussed with some key members. After several deliberation and quetioning. The application was turn down on the basis of security of members.

It was mentioned that what if the company fold up and run away with people's cash, then we that endorsed the company will be in great trouble.

Don't let me bore you and at the same time keep you in darkness. The company was requested to provide CBN licence so that we will trade with them like we trade with naija banks without fear. Unfortunately, the company could not provide such

My suggestion

Trust is a big issue as noted by my dear ladyF . It is in line with this that I want to suggest that any of the member that is well known and trusted (e.g. ladyF, justi4jesu, bdavis etc) that think he has time or can employ someone in his office for this purpose should please raise up to assist. This would not stop free escrow service stuff, but will ensure that everyone tha tneed escrow will get one at any given time.

My ultimate ambition

My ultimate ambition on this thread is to make it scam free and put scammers to shame. They are indded laughing at me and others good members at the moment and are thinking we can not stop them. Please trusted members, rise without fear of critisism and start paid escrow service.

Let's work together and stop scammers from destroying the future of our fellow Nigerians.

Fee

For some of us that may be afraid about the concept of payment. If you have purchase on site like loclbitcoins and the like before. You will notice that the fee is very small compare to the risk. They charge you $1 on every $100 of transaction. So, let's take for instance the guy that was scammed of $500. If there is paid escrow at 1% charges, this guy would have just sacrifice $5 with joy instead of losing his whole life savings. And if time is to be reversed and paid escrow request for 5% from this guy, he would gladly accept.

Conclusion

I will drop my pen here. Pls I want members contribution. Don't leave me on this alone. Some of us like myself, aleairhub etc enjoys the fact that people trust us and we usually receive first whether we are selling or buying. But let us remember members that have not reached our level and are still wandering around tha thread while scammers are trailing them.


Thanks in anticipation of your constructive contribution

P.S. There is no way we will have a big forum without some he/she - GOAT. Some will think TABBAZ want to start collecting money for escrow and that's y his wahala is much on this issue. To clarify this, Kindly note that I don't have the time to combine my academic endeavour plus personal hustle and paid escrow service and can't emply anyone for the task. So, Tabbaz will offer you FREE service like before whenever he is chanced to do so.



cc
dominique
bookiemart01
Aleairhub
Sunboy
Vizboy
Singapore1
Bdavis
Nsonaso
ladyF
justi4jesu
dragnet
puskin
onatisi
dallarflow
legalwealth

others (not omitted intentionally)

Following.....

More suggestions pls

My own suggestion is 1% of the transaction worth to the escrow just like localbitcoin site charge.

This is small though, just considering the economic situation of our dear country and the fact that most of us are struggling to survive

Cc
Dollarflow
Heavenlybang

dollaflow:
escrow service on nairaland mustn't be for business motive

It's called compensation for time expended. Anyways, that was just my two cents.

elot:
Well, I won't be against ur idea of paid escrow but mind u, we are Nigerians and whatever we do must be in naira not in dollar payment, even as we sell bitcoin and other currencies in dollars.
I will suggest that transaction fee should be about #1,000 and #2,000 for transaction of higher than 2million,
Reason behind my fee suggestion is that, some pple here buy and resell for a profit of 2 to 3 naira, some buy to resell with 5 naira profit and by calculation, if someone that is willing to buy in order to resell with 5 naira profit is buying $3000 that's with a profit of #15k, plus or minus, but which happens most time to many pple, such person can still let go of about 1k for escrow, meanwhile, all these profit calculation does not include other expenses for such individual, like Internet, call card etc to mention a few, so, maybe in the long run, such an individual might not be able to pay $15 not even $10 for escrow.
Had it been am in Nigeria, I will honourably offer to be doing escrow for 1k per transaction irregardless of how much is involved.
This is just a service to humanity not a profit making job.meanwhile, seun Osewa is not collecting anything from any of us for using nairaland, rather he concentrate more on other areas of making money.
Elotpayment Admin

I guess I didn't consider this in my suggestion. Sounds logical to me.

Tabbaz:
Following.....

More suggestions pls

My own suggestion is 1% of the transaction worth to the escrow just like localbitcoin site charge.

This is small though, just considering the economic situation of our dear country and the fact that most of us are struggling to survive

Cc
Dollarflow
Heavenlybang
Elot

I think % should be considered because we can't fix a price for all transactions

Also, we should not forget our service for humanity

Meanwhile, Tabbaz escrow is Still free, though limited

TBC XMAS SEASONS SALES!!!
The billioncoin {TBC} for sale at a good good price.

This offer is only valid till 24th December, 2016.

PRICE: 800naira each.

P.s: if you have bought before private chat me or call for Xmas package.
08149601061, 09099236561.

mata1ng:
Yes boss

All sold to mata1ng, thanks for a smooth transaction.

I am in support of Paid Escrow Service(PES) if it guarantees that transactions will be Safe. Website like localbitcoins provides the escrow service for bitcoin buyers and it works amazingly. While it will be great for the veterans to get paid for this services, it should not be at a steep price of 5%. PayPal charges an average of 2.9% per transaction which is still considered high. Here's my proposal on a guideline that can be used for the Paid Escrow Service. Please feel free to critique my proposal.

PES proposed Rule 1 (Transaction Fee)
Transaction fee should be variable rate based on transaction volume. Small transactions can be charged a maximum fee of between 1% t 1.5% and it drops down based on volume. $100 transaction will be charged 1%($1) or 1.5%($1.5) and large transaction like $1000 can be charged 0.5%($5) and so on. The higher the volume, the lower the percentage charged in fee.

PES proposed Rule 2 (Two Veterans minimum per paid escrow transaction)
Paid escrow service should involve more than one veteran. Two pangolo heads are definitely better than one and it will also ensures that if a veteran get a deposit of $10,000 BTC and gets hit by a bus before the transaction can be completed , the other veteran will be available to complete the transaction provided that they both have ACCESS to the account. So, I propose that escrow accounts should have at the very least two signatory. Bitcoin exchange like Coinbase offer vault account that requires confirmation from two emails before money can be released.

PES proposed Rule 3 (Reviews and Transactions Ratings)
A successful paid transaction through escrow should be reported on the thread and both people involved in the exchange should be be given a review and rated by the veterans.
Rating ranges between 0 and 5; rating should be based on ease of transaction and cooperation of the members with the Veterans. Veterans should calculate an average of the score i.e Veteran A rating and Veteran B rating added and divided by 2. Scammers will be rated 0 and successful, quick, smooth transaction will be rated 5. Members behaviour like being slow to transfer fund(bank problems taking into consideration), time wasting, too much irrelevant questions, backing out of agreed rate(you know them) , suspicious behaviour etc will be taking into consideration during the rating process. I have done several transactions with some people through escrow here but very few have reviewed me even though I specifically asked and even offered them a great rate because I value the review since I'm new on the forum.

Proposed PES Rule 4(Authorized PES Admin Officers)
Veterans looking to earn money through paid escrow should be willing to verify their real Identity, Bank Information and facebook/LinkdeIn account etc.
Admin Officer public profiles(Facebook, Whatsapp, LinkedIn) must contain their real picture that must be displayed at all time. Lots of you guys never show ya real face; I guarantee none of ya'll wowo reach me and I still dey show my face on Whatsapp .
Eligibility: Veteran that apply to be Admin officer must will be well known members that have been on NL for several years(3 years minimum?) and have successfully verifiable transaction(50 transactions?) on this Platform.
When two members request for Escrow services, the Admin Officers will log the transaction on a public spreadsheet (google docs?) that can be viewed by all Admin Members and the two members involved in the transaction. Other forum members can be granted Read Only Access as well. Only the Admin Officers can have access to Edit the spreadsheet. The columns will include the following information and will be filled as the transaction progresses: the column will Member A, Member B, Admin Officer 1, Admin Officer 2, Type of Transaction(BTC to Naira, Skrill to PayPal etc.), Crypto-Currency Deposited, Money deposited etc.



Note: NL can create a section for Escrow and pay the veterans a portion of the fee to manage it.

If you guys agree with some of these ideas We can work on more elaborate guidelines and also draw up a list of documents and design them to track the transactions.

Signed Agiri1

cc
dominique
bookiemart01
Aleairhub
Sunboy
Vizboy
Singapore1
Bdavis
Nsonaso
ladyF
justi4jesu
dragnet
puskin
onatisi
dallarflow
legalwealth
Tabbaz

Important

Please don't let us discourage members (trusted) that may be interested in the paid escrow service with over stressing service to humanity

Rendering the service at a cheap rate is also a service to humanity. Remember they sacrifice their time and energy that might have fetch them money while acting escrow for you.

If we miss out this opportunity, scammers would have won.

Thanks again

P.S. If your comment is towards discouraging this motion. We will have no choice but to think you are one of the scammers and you are afraid you will loose if you support the motion

Sell all ur btc to me @ 470/ $

Buy btc from me @ 480


Moq $250

Thinking....
Shay make I do am?
Shay make I no do am?
Very stressful jare. Some people will now begin to dey insult you... Dem go be like "are we not paying you? "
And me too dey vex On top small thing

Tooltip
Brb

agiri1:
I am in support of Paid Escrow Service(PES) if it guarantees that transactions will be Safe. Website like localbitcoins provides the escrow service for bitcoin buyers and it works amazingly. While it will be great for the veterans to get paid for this services, it should not be at a steep price of 5%. PayPal charges an average of 2.9% per transaction which is still considered high. Here's my proposal on a guideline that can be used for the Paid Escrow Service. Please feel free to critique my proposal.

PES proposed Rule 1 (Transaction Fee)
Transaction fee should be variable rate based on transaction volume. Small transactions can be charged a maximum fee of between 1% t 1.5% and it drops down based on volume. $100 transaction will be charged 1%($1) or 1.5%($1.5) and large transaction like $1000 can be charged 0.5%($5) and so on. The higher the volume, the lower the percentage charged in fee.

PES proposed Rule 2 (Two Veterans minimum per paid escrow transaction)
Paid escrow service should involve more than one veteran. Two pangolo heads are definitely better than one and it will also ensures that if a veteran get a deposit of $10,000 BTC and gets hit by a bus before the transaction can be completed , the other veteran will be available to complete the transaction provided that they both have ACCESS to the account. So, I propose that escrow accounts should have at the very least two signatory. Bitcoin exchange like Coinbase offer vault account that requires confirmation from two emails before money can be released.

PES proposed Rule 3 (Reviews and Transactions Ratings)
A successful paid transaction through escrow should be reported on the thread and both people involved in the exchange should be be given a review and rated by the veterans.
Rating ranges between 0 and 5; rating should be based on ease of transaction and cooperation of the members with the Veterans. Veterans should calculate an average of the score i.e Veteran A rating and Veteran B rating added and divided by 2. Scammers will be rated 0 and successful, quick, smooth transaction will be rated 5. Members behaviour like being slow to transfer fund(bank problems taking into consideration), time wasting, too much irrelevant questions, backing out of agreed rate(you know them) , suspicious behaviour etc will be taking into consideration during the rating process. I have done several transactions with some people through escrow here but very few have reviewed me even though I specifically asked and even offered them a great rate because I value the review since I'm new on the forum.

Proposed PES Rule 4(Authorized PES Admin Officers)
Veterans looking to earn money through paid escrow should be willing to verify their real Identity, Bank Information and facebook/LinkdeIn account etc.
Admin Officer public profiles(Facebook, Whatsapp, LinkedIn) must contain their real picture that must be displayed at all time. Lots of you guys never show ya real face; I guarantee none of ya'll wowo reach me and I still dey show my face on Whatsapp .
Eligibility: Veteran that apply to be Admin officer must will be well known members that have been on NL for several years(3 years minimum?) and have successfully verifiable transaction(50 transactions?) on this Platform.
When two members request for Escrow services, the Admin Officers will log the transaction on a public spreadsheet (google docs?) that can be viewed by all Admin Members and the two members involved in the transaction. Other forum members can be granted Read Only Access as well. Only the Admin Officers can have access to Edit the spreadsheet. The columns will include the following information and will be filled as the transaction progresses: the column will Member A, Member B, Admin Officer 1, Admin Officer 2, Type of Transaction(BTC to Naira, Skrill to PayPal etc.), Crypto-Currency Deposited, Money deposited etc.



Note: NL can create a section for Escrow and pay the veterans a portion of the fee to manage it.

If you guys agree with some of these ideas We can work on more elaborate guidelines and also draw up a list of documents and design them to track the transactions.

Signed Agiri1

I subscribe to 99% of your opinion and I personally think we should work together and with a nairaland representative if they are interested. I believe something great would be achieved with this your guidelines

However, you are judgemental about not showing our face on WhatsApp. Everyone has his reason. In fact, some members e.g ladyF knows my real face

Personally I vowed to chase scammers off nairaland and that's my main reason for concealing my identity. I wish to be able to walk free on the street of Lagos without fear of being trailed whenever I enter Nigeria

Thanks

Escrow is good,but we must understand the basic problem.facing ppl doing escrow here and that is they themselves are dealers,buyers and sellers here,and once that is there ,there will always be a clash of time and interest. They too will want to keep their balance at a level they can use to transact if a deal comes through. Secondly,when considering pricing,we must also look at the ppl trading in smaller amount and quantity,someone that wants to buy just 50$,btc and needs escrow how will such a person be changed?eventually if care isn't taken those doing the escrow will give special preference to high volume traders and this will cause issues.

Tabbaz:

I subscribe to 99% of your opinion and I personally think we should work together and with a nairaland representative if they are interested. I believe something great would be achieved with this your guidelines

However, you are judgemental about not showing our face on WhatsApp. Everyone has his reason. In fact, some members e.g ladyF knows my real face

Personally I vowed to chase scammers off nairaland and that's my main reason for concealing my identity. I wish to be able to walk free on the street of Lagos without fear of being trailed whenever I enter Nigeria

Thanks

Even me

To avoid much talk about this matter, make every person do transaction with who him know or trust. Finish!

timkuro:
To avoid much talk about this matter, make every person do transaction with who him know or trust. Finish!

You wish it is that simple

this is my own idea Escrow service shouldn't be a business opportunity,secondly those doing escrow must be willing to submit their full balance level for the activity,thirdly the pricing The pricing should first accommodate the bank charges which is 100N. The other prices shouldn't be more than 500N maximum. The bitter truth is many ppl here don't make much from all this buying and selling ,they make noise but that is just it,they wont talk now but when they whole thing starts they will grumbling behind the sc

timkuro:
To avoid much talk about this matter, make every person do transaction with who him know or trust. Finish!

agiri1:
You wish it is that simple

Unfortunately if care isn't taken this is where the whole Thing will eventually lead to,ppl will start calling their friends to escrow for them if escrow services are high. Anyone willing or wishing to escrow must not have profit or financial benefit as the reason for doing so.

buddyluv:
Always a smooth and stress free transaction with whizcode

many done many more to do with you no need to make noise

Good am baba.
Your intention has been had , seen & fully supported by me.
It will be matter of choices at when deal will be carry out.

@ those who opted out from paid escrow services in the name of Services to humanity, well done & your idea is very cool....

#So you expect those who render such services to use their currency to pay for SMS charges , Cot depending on the account type plus the time consumption at when the transaction was been carry out...

For those who render escrow services here please carry out the transaction on mutual understanding. if you can still render free service continue & if is paid services let your charge be very moderate....

Tabbaz:
Important

Please don't let us discourage members (trusted) that may be interested in the paid escrow service with over stressing service to humanity

Rendering the service at a cheap rate is also a service to humanity. Remember they sacrifice their time and energy that might have fetch them money while acting escrow for you.

If we miss out this opportunity, scammers would have won.

Thanks again

P.S. If your comment is towards discouraging this motion. We will have no choice but to think you are one of the scammers and you are afraid you will loose if you support the motion

The escrow service should remain free biko.
The upcoming currency dealers like us operate on razor thin margins mbok.

For bitcoins, just send it to the escrow person with transaction charges eliminating the need for bank charges.

This is my preferred format

TO MAKE USE OF ESCROW SERVICE

This involves just three steps..


- Both buyer & seller should contact any of the trusted escrow..

Create a whatsapp group for real time communication

- The seller is to send Btc/Pm to escrow's wallet first included with transaction charge.

- The admin can then give the buyer a go ahead to send cash to the seller afterwhich escrow sends btc/pm to buyer.

Singapore1:


Even me

Even you... No bi Nigeria u dey?? Abegi.. This paying of escrow service carry brain... but nairaland is free and open to all lets assume the admin is taking some % from us for each transaction made... How E go bi... Free escrow still good somehow... But the stress is worth pay for... Aleast fine person Gulder money for the service.. No oh some people go just zoom off when deal is done leave only u ontop heat and pressure..... In conclusion dont pay me for escrow service bcuz its free services to humanity to avoid being scam.. All I need Is just my small stout or Gulder money... Simple.... Idontalkmyown.com...

Gunbiz:
\



lmai

You don get whatsapp.

Singapore1

Thinking....
Shay make I do am?
Shay make I no do am?
Very stressful jare. Some people will now begin to dey insult you... Dem go be like "are we not paying you? "
And me too dey vex On top small thing

Tooltip
Brb

Actually you make a very good point. Some mite tell you to (enter the wall)

Tabbaz:
Important

Please don't let us discourage members (trusted) that may be interested in the paid escrow service with over stressing service to humanity

Rendering the service at a cheap rate is also a service to humanity. Remember they sacrifice their time and energy that might have fetch them money while acting escrow for you.

If we miss out this opportunity, scammers would have won.

Thanks again

P.S. If your comment is towards discouraging this motion. We will have no choice but to think you are one of the scammers and you are afraid you will loose if you support the motion

Paid Escrow sounds cool. No chance for scammers to operate.

$600 Skrill for Sale....

XMAS Hamper rate.........

$4,500 cash deposit available to usa bank.
Rate :455
Onatisi@zoho.com
Whatsapp is on my signature

whizcode:
many done many more to do with you no need to make noise

I no dey see you on this thread often Bro, where have you been hiding? Anyway, small bitcoin go dey later if you need. WhatsApp me when you are free.

$173 btc ready to fly

480/$ if you are buying all

485/$ if you are buying part

keishik:
I've got $260 Skrill funds fresh from Upwork for quick sale this morning. Whatsapp o8o6855 1723.

smooth transaction bro

onatisi:
this is my own idea Escrow service shouldn't be a business opportunity,secondly those doing escrow must be willing to submit their full balance level for the activity,thirdly the pricing The pricing should first accommodate the bank charges which is 100N. The other prices shouldn't be more than 500N maximum. The bitter truth is many ppl here don't make much from all this buying and selling ,they make noise but that is just it,they wont talk now but when they whole thing starts they will grumbling behind the sc

Simple logic

Let's cut this short

Oun to ba ti ya ko kin pe mo (as yoruba use to say)- What ever has started should not be delayed again

My suggestion

1. Let PES (Paid Escrow Service) begins. Any member that wish to use our trusted members should communicate with them and both parties should finalise on charges

2. If possible, any member (trusted) that does not have time for free service (which is very reasonable to hold such opinion) may point it out on the thread so that members will not be disturbing them with free service

3. Members that got scammed as a result of looking for service to humanity escrow [/b]should not blame anyone but himself

4. Trade with whoever you [b]trust [/b]and avoid ESCROW palava

5. Let's suggestion continue, perhaps we may still find more good ones

6. If naraland admin wishes, they can set up [b]escrow website and any members that is interested will opt for it. Anyone that think he is trusted enough to take the risk of investment can also set up a website for escrow service

7. Don't take all these points personal and act on them at your own risk. They are just my personal opinions

Meanwhile, I humbly request Agiri1 to contact my whatsapp as his number is not on his signature (maybe he is concealing his identity also ). Let's discuss some of your point maybe we can have more suggestions for the members

Thank you all