Virtual Feedback Launches Anti-Fraud Site

Virtual Feedback this week launched a Web
site designed to help combat Internet fraud and offer a central place for
people to learn more about their Internet neighbors before making
transactions.

The company said its site offers a new way to tell Internet buyers and
sellers more about yourself and your past transactions. Registration is free.
The information provided is then available to any Internet user who knows
your e-mail address.

Information available on sellers is: your name, store and URL (if any),
method of payments accepted, return privilege and any user auction IDs you
might use. For buyers, name, e-mail address and auction IDs.

Each seller transaction will be rated on factors such as e-mail
correspondence, timeliness of shipping, satisfaction of the item, packing
satisfaction etc. Buyers are rated on e-mail correspondence, timeliness of
payment and overall rating of the transaction.

Virtual Feedback accepts information on all Internet transactions; auction
related, storefront, newsgroup, online sites such as AOL, Prodigy, Compuserve
or any place trading occurs on the Internet. A small HTML coding is created
for each registered user to place on their Web site or auction description
linking them back to their Virtual Feedback profile and feedback information.

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