Poshmark is an ever-growing online marketplace that has been attracting more and more users with its high-end fashion choices, affordable prices, and easy accessibility. The features of the platform have made it an ideal place for sellers to make profit and for buyers to have access to more sustainable new and second-hand luxury fashion.<\/p>\n\n\n\n
As with any online marketplace, questioning the safety and legitimacy of the platform comes with the territory. Whether you are a seller, buyer, or both, it is necessary to arm yourself with the knowledge we will teach you in this article. By the end of it, you should be able to tell what Poshmark scams may look like, how to avoid it and if not possible, what to do about it after it\u2019s done. <\/p>\n\n\n\n
Before preparing you with our tips, it is important to note that scammers exist in all online marketplaces despite the measures placed against them. Poshmark, for example, has pretty strict guidelines on fraudulent behaviour.<\/p>\n\n\n\n
Posh Protect states:<\/p>\n\n\n\n
\u2018We will give you a full refund if your item never ships or does not match the listing description<\/em>.\u2019<\/em><\/p>\n\n\n\n It is worth reading more<\/a> about it, as it specifies what issues are covered by their policy.<\/p>\n\n\n\n However, completely getting rid of scammers is impossible, as they can easily continue making new accounts if their old ones are shut down. In this case, it is not Poshmark\u2019s legitimacy you should be questioning. Instead, keep reading to learn our must-know<\/strong> tips on staying safe!<\/p>\n\n\n\n As stated in Posh Protect<\/a>, transactions that are not completed on the platform are not covered. This means that Poshmark won\u2019t be responsible for giving a full refund to a seller or buyer that has been scammed through an off-site payment.<\/p>\n\n\n\n Poshmark uses one of the best payment processors, making it a much safer platform than other marketplaces such as Facebook. It also follows government regulations and never shares your payment details with any vendors, making it the safest payment method to avoid scams and privacy leaks. <\/p>\n\n\n\n So, why would someone be tempted to move the transaction off-site when Poshmark offers all these benefits?<\/em><\/strong><\/p>\n\n\n\n If you have been a user on Poshmark for a while, you could easily answer this question!<\/p>\n\n\n\n Poshmark charges a number of fees<\/strong> for both sellers and buyers. For example, for any item sold that costs more than $15, there is a 20% commission fee… And this is just one of the many fees that are charged! <\/p>\n\n\n\n It is no surprise then that a Poshmark seller would highly consider moving a transaction outside the platform. Not only would they increase their profit by avoiding those dreadful fees, but they could also receive a more rewarding price than the one set in their shop.<\/p>\n\n\n\n Be careful! This is a trick as old as time!<\/em><\/p>\n\n\n\n Receiving requests to pay through vendors such as Paypal, CashApp, Venmo etc is usually a guaranteed Poshmark scam that leads to both the loss of money and personal information. <\/p>\n\n\n\n Requests to pay with cashier\u2019s checks is a common scammer technique, where the fraudulent check will be rejected when the off-site vendors try to process the payment. However, this may not be instant, as it would be if the payment happened through Poshmark, leading to sellers shipping their product without actually making profit from it. <\/p>\n\n\n\n Similarly, buyers that use an off-line vendor may be met with dishonest sellers who won\u2019t actually ship them the item they were promised to receive.<\/p>\n\n\n\n By using off-site payments you are risking being suspended from Poshmark<\/strong> if they find out that you have not been using their platform for all transactions, as it directly goes against their terms and conditions. <\/p>\n\n\n\n All in all, the risks are too high… but the good news is you can work around the Poshmark fees!<\/p>\n\n\n\n How to deal with Poshmark fees<\/em><\/strong><\/p>\n\n\n\n While a more rewarding offer may be tempting for your bank account, there is better ways to deal with those pesky fees:<\/p>\n\n\n\n The first step is to read our guide<\/a> on Poshmark fees. There, we have broken down the costs you are charged and explained them. Most importantly, we have offered several tips on how to deal with them<\/strong> and ensure a better profit!<\/p>\n\n\n\nDon\u2019t get tempted by off-site payments!<\/strong><\/h2>\n\n\n\n