Adam just didn’t want to live in God’s heaven anymore, because that was God’s heaven and not Adam’s heaven. So he left heaven in order to create his heaven.
Monthly Archives: March 2011
Safe Trading Tips Home
eCommercePortal is committed to making your trading experience safe and simple.
By providing you with as much information as possible about potential buyers and sellers, we help both you and your trading partners make informed business decisions. These Safe Trading Tips are designed to help you take advantage of eCommercePortal\’s services in identifying trustworthy trading partners as well as online and offline resources that can help to make your internet experience more secure and safe.
There are a number of actions you can take to research your potential business partner whom you have met on the internet, so that you can reduce the risk of being subject to a fraudulent transaction or business misunderstanding. These include:
Verify the Identity of Supplier/Buyer
Always confirm if the address, phone number and email address given to you by your trading partner belongs to the same company. If a trader provides inconsistent contact details, for example an address in the India and phone number from another country, we recommend you look up the address in the local phone directory and obtain the local phone number, and call this number to confirm that the person you are in touch with actually works for the company. Similarly, if a partner\’s email heading states that they work for a certain company, you should verify this. Be aware that some scam artists could alter their return email address heading to make it look like they work for a company that they don\’t.
Check the Partner\’s Background
Background checks from independent third-party sources include a search for legal registration and credit reports. In many countries the existence of a company and its legal status is a matter of public record. Check with the companies registry in the partner\’s country to ensure that the company exists with a valid registration. If you cannot have independent access to your partner\’s registration information, ask your partner to provide you with a Certificate of Good Standing issued by the companies registry of his country or state/province. You can also gain further knowledge about your partner by ordering a credit history report from a local credit agency. Credit history reports contain information about the partner\’s business history in their relationships with banks and other trading partners. Go to contact credit agencies which can provide credit history reports.
A personal meeting
Whenever possible, meet your business partner in person and visit his company\’s facilities. While the internet offers you a wealth of information on your potential partner which enables you to make an initial assessment, there is no substitute for face-to-face contact.
Protect Yourself When Ordering or Providing Samples
As a buyer, order a sample before committing to a purchase order to be sure that the product meets your expectations. As a seller, request payment for a sample and/or payment for shipping costs before you send out the sample, especially if your product has a high resale value. Pre-Shipment Inspection ServicesIf you are a buyer, you can protect yourself against poor quality by ordering a pre-shipment inspection of the products. You can demand the inspection as a condition to payment.
Protect Yourself Against Payment Risk
If you are a seller and have not been doing business with your partner for very long, avoid selling your products on open-account (in which case you are extending credit to your buyer). Instead ask your buyer to open a letter of credit (an \”L/C\”).
Protect Yourself Against Payment Risk-You Are the Buyer
If you are a buyer, sometimes a supplier may ask you for a deposit before he accepts the order. While this is not unusual between long-standing trading partners, if you are doing business with the supplier for the first time, make sure you have done sufficient background checks on the supplier before you agree to the deposit, or ask for a different form of payment, such as a letter of credit. If the seller seems more focused on payment than any other issue, or indicates that cash payment must be made urgently, more caution should be given to the transaction. Be extra cautious when the seller asks you to send money to an account whose real owner cannot be traced; for example, you cannot trace the real name of the person behind an account with a wiring service such as Western Union.
Tips When Receiving Payment as a Seller
If you are a seller and have not been doing business with your partner for very long, avoid selling your products on open-account (in which case you are extending credit to your buyer). Instead ask your buyer to open a letter of credit (L/C).
Tips When Make Payment As a Buyer
If you are a buyer, sometimes a supplier may ask you for a deposit (generally 30%) before he accepts the order. While this is not unusual between long-standing trading partners, if you are doing business with the supplier for the first time, make sure you have done enough background checks on the supplier before you agree to the deposit, or ask for a different form of payment, such as a letter of credit. If the seller seems more focused on payment than any other issue, or indicates that cash payment must be made urgently, more caution should be given to the transaction. Be extra cautious when the seller asks you to send money to an account whose real owner cannot be traced; for example, you cannot trace the real name of the person behind an account with a wiring service such as Western Union.
Fake E-mail Addresses
It is possible for anyone with some technical knowledge to send an email with a fake address. When you receive an email from someone you know or whose email address appears legitimate, but the message of the email looks suspicious, you can verify whether the email came from the person whom the sender claims to be by using a simple procedure to check the email address. test adding trade safety tips
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E Commerce Portal
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Japan earthquake and Tsunami
Japan’s most powerful earthquake since records began has struck the north-east coast, triggering a massive tsunami.
Our sorrow is deep.
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Computer: masculine or feminine word ?
A Spanish teacher was explaining to her class that in Spanish, unlike English, nouns are designated as either masculine or feminine.
‘House’ for instance, is feminine: ‘la casa’
‘Pencil,’ however, is masculine: ‘el lapiz’
A student asked, “What gender is ‘computer’?”
Instead of giving the answer, the teacher split the class into two groups, male and female, and asked them to decide for themselves whether ‘computer’ should be a masculine or a feminine noun. Each group was asked to give four reasons for its recommendation.
The men’s group decided that ‘computer’ should definitely be of the feminine gender (‘la computadora’), because:
1 – No one but their creator understands their internal logic;
2 – The native language they use to communicate with other computers is incomprehensible to everyone else;
3 – Even the smallest mistakes are stored in long term memory for possible later retrieval;
4 – As soon as you make a commitment to one, you find yourself spending half your paycheck on accessories for it.
The women’s group, however, concluded that computers should be masculine (‘el computador’), because:
1 – In order to do anything with them, you have to turn them on;
2 – They have a lot of data but still can’t think for themselves;
3 – They are supposed to help you solve problems, but half the time they are the problem;
4 – As soon as you commit to one, you realize that if you had waited a little longer, you could have gotten a better model.
The women won.
anonym
E Commerce
E Commerce allows people to carry out businesses without the barriers of time or distance. The direct cost-of-sale for an order taken from a web site is lower than through traditional means.
While you deal with Nigeria than please read it FIRST
I’m a Nigerian resident in Nigeria and a sound businessman who always allows sound business judgement to dictate my actions. From my experience on this website just a little over 2 months. I discovered that the major swindlers on this site are from asia and they are in swarms. Making bogus claims and promising a lifetime bargain and asking you to transfer money to them.
Most of the so-called Nigerian scammers are usually school dropouts between ages 12 – 24 of average intelligence who post just anything on the web at unbelievable price. From Household items, plasma tv, watches even cell phones. I marvel endlessly at how people fall for such trap because A simple check will have revealed that doing business with such people is not worth while.
1. Nigeria doesn’t manufacture most of the items posted by Nigerians on eCommercePortal – that is one clue, most of them are imported into Nigeria from Taiwan, Dubai, China etc. The only Company that manufacture cell phones in Nigeria is ZTE and they don’t manufacture enough to export. If you want to import electronic items, then look at sources from which Nigeria imports them from. We are majorly a consumer nation not an industrial one per say.
2.Any Nigerian promising to sell Nigerian Oil, LPFO, aviation fuel, AGO, PMS etc from this site is a scammer. Allocations for Oil are usually snapped up immediately at NNPC because the demand is more than the supply. You cannot see anyone peddling Nigerian Oil on websites because the President himself has brought sanity into the industry.
FInally there are more honest people in Nigeria than dishonest people, if anyone makes you an offer that is too good to be true – shut down your emotions and greed quotient (GQ) and allow your sense of reason to direct you.
Except where a strong trust bond has been built i.e. several transaction completed successfully, never send a dime through WESTERN UNION, if you do well – you’ve just flushed your money down the drain.
Insist that you will do business directly through the bank – where the volume of transaction is huge – request an advance payment guarantee (APG) which makes the bank liable if anything goes wrong. when you are sent the (APG) get the address of the bank (independent of the sender) from the Nigerian Central bank http://wwww.cenbank.org/ open up correspondence with the bank independent of your Nigerian customer and ask them to send you a confirmation letter that the APG was issued by them. This keeps you in safe hands if anything goes wrong as the Nigerian Bank would have secured a collateral of the amount they are guaranteeing from the customer.
If you have been scammed by a Nigerian get in touch with the Economic and Financial Crimes Commission (EFCC) www.efccnigeria.org they will help you with the recovery of your money. In most countries of the world when you’re scammed your money is gone forever – but in Nigeria we are doing something about it and millions of dollars are being recovered and sent back to their owner annually. A sample success story is here:
If you want to do business in solid minerals, contact the ministry directly www.msmd.org
If you want to invest verify from the Nigerian Investment Promotion Council www.nipc-nigeria.org
If you have any problem or any company you want verified, you can get in touch with me, I’ll try to verify for you.
Nigeria is not as bad as people think, remember one bad apple doesn’t spoil the whole bunch
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