1. Either buyer or seller enters the transaction into the Safefunds system. It is addressed to the other member.

2. Buyer and seller negotiate until both agree to the terms and conditions.

3. Buyer deposits the necessary funds into his Safefunds Account and commits an amount necessary for the transaction. Deposits are made by bank wire, electronic funds transfer, or check (checks must be drawn on a U.S. bank).

4. Seller sees the funds reserved by the buyer for this transaction. Seller knows the payment is secure. Seller fulfills the terms of the transaction.

5. Buyer is satisfied that the seller has met his obligations and the buyer tells Safefunds to reduce his account balance and pay the funds to the seller.

6. Seller withdraws funds from his Safefunds Account either by electronic funds transfer (inside the USA), international wire transfer (outside the USA), or by check.

Both buyer and seller have been fully protected. The buyer did not need to worry about being scammed by the seller or worry about identity theft of credit card or bank information. The seller knew the payment was valid and did not have to worry about an insufficient check, an invalid credit card, or a chargeback.

If a disagreement arises, the Safefunds system includes complete dispute resolution service.