Sellers: qualify your buyers, get a deposit.
Buyers: money talks, secure your item with a deposit.
Lockbox Local solves 3 problems
- Its less likely something bad will happen
- Its more likely the buyer will show up
- No cash required, no renegotiating the price
We believe all the people buying and selling goods and services every day in the reseller marketplace deserve a safer, more secure, experience while ensuring a higher certainty of making the sale.
Items sold at garage and estate sales, online/apps, social media, are unique, these transactions are personal. We want the buying and selling experience to be protected and easy.
Lockbox Local is your key to safe secure local transactions @ the intersection of local sellers and buyers. An easy to use secure deposit payment app with mutual funds release, making local transactions that are completed in person safer for sellers and buyers.
- SAFER SECURE transaction. By having this third party app take care of monetary transactions, both buyers and sellers can feel confident and protected in the deal they’re about to make. All Lockbox Local users have to register their details with the app, verifying them as legit individuals, and taking the risk out of buying and selling.
- Only you can register your account, using your phone number.
- Sellers, qualify buyers… the buyer has deposited the money; you and the buyer only need to click a button to complete the transaction.
- Buyers secure what you want with a deposit and maintain control of your money until you pick-up your merchandise in person.
- Buyers, no need to take cash with you to complete the transaction, buyer and seller just click approve to complete the transaction.
- No complicated process to request your money back if the product is not as advertised, your money is returned automatically if the transaction is not approved by both buyer and seller.
HOW IT WORKS
To use Lockbox Local, both buyers and sellers need to install the app and register. When a buyer contacts a seller, asking them to hold an item for pickup, the seller can request payment via the app. Buyers then simply deposit the money for the item into Lockbox Local.
Once the buyer is satisfied with the products they saw online both parties approve the transaction. Lockbox Local then releases the money into the sellers account.
If the buyer is unable to make it, or is not happy with the quality of the product, Lockbox Local will return the money to the buyer. This makes Lockabox Local a win win for both buyers and sellers.
THE FIRST TIME you send money it will take 7 business days for the seller to receive the money, This is a constraint of our processor Stripe. Subsequent transactions will only take 2-4 business days.
Please see our Terms and Conditions on our website at lockboxlocal.com for complete details.
If you have comments, questions, or are having issues with the app please contact us at [email protected], start a dialog on facebook @lockboxlocalapp, or contact us from our website lockboxlocal.com