BarterQuest Introduces Verification
According to a current press release BarterQuest announced that all users will be required to verify their accounts in order to actively trade on the site. While you will be able to browse the site, search for items, and post items you have to trade, you will not be able to initiate or respond to trade offers until you are verified. Users who are already registered have until March 1, 2010 to verify, and will be able to continue to trade in the same manner as before.
Verification is intended to provide users with greater security when they trade. By verifying potential trading partners, this feature is will increase the confidence of users that they are trading with legitimate counterparties and that they will get what they bargained for. There is a one time verification fee of $1.99, the payment of which will be used in the account verification process.
“Trust can be earned and, over time, the reliable trader on our site will be rewarded with a superior user’s rating,” stated Bianca Han, Executive Vice President of BarterQuest. “Nevertheless, anything that can add to the trading comfort of our users and make it more difficult for the ‘bad guys’ is something that we should provide. We believe that verification will be increasingly demanded in the Internet-based consumer market, and this is another opportunity for BarterQuest to lead the way in e-barter.”
I think it’s a pretty good idea that they introduced verification, because sometimes people are a little worried about who they are trading with, however through verification you have a greater sense of safety. Just another awesome feature to BarterQuest which is already an amazing platform in my opinion!