International Proxy Trade Market Launched

June 22, 2005 (PRLEAP.COM) Business News
International Proxy Trade Market Launched
Easily find agents to complete foreign transactions
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Buy-Proxy® today launched buy-proxy.com, an international 'proxy trade marketplace' which allows users to find and commission 'agents' to organize transactions in foreign countries and earn money by becoming a proxy provider.

"The internet has made it easier for us to buy and sell products. However, when it comes to international purchases, there are still limitations in completing transactions efficiently," said James R. Matthews, Buy-Proxy's Director of Development. "Buy-Proxy.com will help you find international agents who will assist you in completing your transaction simply and securely."

Security restrictions designed to prevent Credit Card fraud, often unintentionally prevent legitimate transactions from being made. Many online stores will only accept Credit Cards that have been issued by a bank in their country, and only ship to a national billing address. The cost of sending a Wire Transfer can be prohibitive. Often, the only viable alternative is to ask someone resident in the country to complete the transaction for you. Finding that individual can often be a frustrating and fruitless exercise.
Buy-Proxy.com is a fully digital marketplace which takes a two-pronged approach to providing an innovative solution to finding 'agents' in another country by tendering your transaction to Proxies in that country.

Users can sign-up as either a Principal (someone looking to buy something) or a Proxy (someone willing to be an agent). Users are free to sign-up as both a Principal and a Proxy if they so wish.

From the Principals viewpoint
A Principal would post a description (called a Request) of the transaction they need assistance with, and Proxies will place bids on that Request, stating how much they will charge for assisting, and how quickly they can fulfill the Request. Once the bidding period is over, the Provider simply selects the Proxy of their choice, at which point they will be able to provide them with the exact details required to complete the transaction on their behalf.

This helps the Principal complete an otherwise difficult online transaction.

From the Proxies viewpoint.
A Proxy can bid on any Request if they feel they are able to fulfill it. If they are selected, they then perform the online transaction according to the Principal's instructions. Once they have completed the transaction, they send the order number and tracking information to the Principal for them to verify.

This provides Proxies with an excellent opportunity to earn some money for relatively little effort.

Security and Peace of Mind
Buy-Proxy.com provides a free Escrow system to provide security and peace of mind for both parties.

Features
Free Account Setup
Easy Payments via PayPal
Free Escrow System
* Feedback and portfolio facilities

Fee-Free Month Promotion
Buy-Proxy.com is offering a launch promotion of NO FEES until 13 July 2005.

Pricing and Availability
Buy-Proxy.com does not charge any sign-up, account or bidding fees. The only time a cost is incurred is through a successful proxy transaction. A full listing of fees and charges is available at www.buy-proxy.com/fees.php

Buy-Proxy.com is available initially to anyone with a valid PayPal account. (i.e. residents of Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Italy, Japan, Mexico, Netherlands, New Zealand, Norway, Portugal, Singapore, South Korea, Spain, Sweden, Switzerland, Taiwan, United Kingdom and United States)

Buy-Proxy.com is currently investigating alternate Payment Processors with a view to supporting additional countries.
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