Buying On WT Marketplace

WigTrader has become a highly popular platform for men and women to get rid of their hair – it’s like having a hair shop on your phone. WigTrader is a great way to connect with local people looking to buy and sell wigs, hair or beauty related items. Unfortunately, just like an estate-sale, there aren’t any built-in payment mechanisms. So if you’re interested in selling or making a purchase through WigTrader, the seller and buyer will have to come up with a comprising way to handling the transaction.

Payment Options

Buyer will need to discuss payment options with the seller to make sure that you’re both comfortable. We’ve provided a few ideas below.

  • Cash
  • Credit Card
  • PayPal or similar
  • Stripe Payments

All of these payment options have their own pros and cons. PayPal and checks in particular can be risky. Many sellers won’t accept checks because checks can bounce, leaving them without their property or the money they’re owed. Services like PayPal can be risky for buyers or sellers depending on if the product is shipped or not. PayPal has no Buyer Protection for items not shipped.

It’s tempting to want to trust everyone we meet online, especially when they seem really nice. But it’s important to think about the potential pitfalls with any payment option.

Selling Online Recommendation

These days, with so few people hanging on to cash, it just makes sense to secure payment and ship the item by postal service. This is especially true if you plan to sell lots of items with large payments. Although the buyer could always try to contest the charge, the seller also has recourse. This is the safest option for buyers and sellers with large transactions that can’t be handled in public places. Sellers should be aware of this and create an online payment method for collect payments.

Metting In Person Recommendation

WigTrader recommends that sellers only accept cash for in-person transactions. We’ve determined this to be the best option for guaranteeing payment. We also recommend that buyers and sellers meet in a public place or at a police station's designated spot to complete this type of  exchange.

There is, however, a small problem with WigTrader’s recommendations. The service makes it possible to exchange anything from wigs to expensive "Red Bottom" shoes. For the later, it might be difficult to arrange an in person meeting. You may have to go to the seller’s home to pick up the item (or they to yours).

Now imagine that you’re paying $375 for the item. If you’re paying cash, take a moment and think about what you’re doing. You’re telling someone you don’t know where you will be in a private location with $375 cash on you. Sure, you can take a friend with you, but that doesn’t change the fact that this is more than a little risky. Luckily, there might be a better option.


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