BSAFE TRANSACT

About BSAFE TRANSACT

Secure Online Transactions through Verified Sellers
Tagline: Verify . Trust . Grow .

Executive Summary:
BSafeTransact revolutionizes online transactions with a verified digital directory of authentic sellers, shielding buyers from scams and fraud. Leveraging cutting-edge technology, our mobile app (for phones) and web app (for browsers and PC) provide a secure and trusted platform for online commerce, empowering buyers to verify sellers' authenticity and make informed purchasing decisions.

Problem Statement:
Online scams and fraud plague the digital marketplace, with:
- 1 in 5 online transactions resulting in scams (Source: Nigerian Communications Commission)
- Over 50% of Nigerians having experienced online fraud (Source: Central Bank of Nigeria)
- $12 billion lost annually to cybercrime in Nigeria (Source: EFCC)
- 70% of online shoppers abandon transactions due to security concerns (Google)
- 60% of online businesses experience cyber attacks (KPMG)

Risks of Unverified Transactions:
- Financial loss
- Identity theft
- Emotional distress
- Damage to reputation
- Legal consequences

BSafeTransact Solution
. Robust verification for sellers
. Document authentication
. Background checks
. Continuous monitoring
. Partnerships with authorities (eg. EFCC) and other authorities for accountability

BSafeTransact features:
1. Verified Seller Directory
2. Real-time Comment Section
3. Authority Partnerships (EFCC, etc.)
4. Comprehensive Verification Process
5. Document Authentication
6. Background Checks
7. Robust Security Measures

Benefits:
- Secure transactions
- Verified sellers
- Reduced scam risk
- Increased trust
- Protection of personal data
- Improved Customer Satisfaction
- Improved Sales

Statistics:
- 75% of online buyers prioritize trust when making purchases (Source: PayPal)
- 60% of online transactions are abandoned due to security concerns (Source: Norton)
- Verified sellers experience 30% higher sales (Source: Trustpilot)
- 80% of online shoppers trust reviews (BrightLocal)
- 90% of customers check reviews before making a purchase (Search Engine Journal)

Partnerships for Accountability:
- Collaboration for accountability
- Shared database for tracking unverified sellers
- Joint efforts to combat cybercrime

Conclusion:
BSafeTransact combats online scams and fraud with verified sellers and authority partnerships, ensuring secure transactions and trust in the digital marketplace.

Call to Action:
Join BSafeTransact in revolutionizing online trade. Partner with us to create a secure and trustworthy digital marketplace.