A New Global PPE Supply Chain

To meet growing demand, new suppliers are emerging worldwide. While many of these suppliers are legitimate and capable of fulfilling orders, scammers are also exploiting the situation for personal gain.

In a warning issued by the FBI, the healthcare industry has been alerted to potential fraud in the procurement of PPE and other COVID-19 medical equipment. Scammers may offer false assurances or take orders for equipment they do not actually have access to, further complicating the already strained supply chain.

In a press release issued on March 27th, the FBI advised medical professionals to exercise due diligence and caution when dealing with unfamiliar vendors or third-party brokers in the supply chain.

Suspicious Indicators to Watch for When Buying PPE Online

According to the FBI, these are red flags from fraudulent sellers:

• Unusual payment terms (e.g., demanding up-front payments or proof of payment).
• Last-minute price changes without justification.
• Delays in shipment (e.g., claiming the equipment was seized at the port or held in customs).
• Unexplained sources of bulk supply.

If a deal seems too good to be true, it probably is. While bulk orders may come with discounts, pricing that is far below market rates should be approached with caution.

Guidance for Secure Medical Supply Purchases

When buying PPE online, it is crucial to use a neutral third-party platform to protect the interests of both buyers and sellers.

Creditdebt is a trusted leader in third-party financial transactions. Our platform ensures that transactions are secure and that the quality of products is verified before funds are released to the seller.

Benefits of Using Creditdebt

The process is simple and quick for both buyers and sellers. Whether you’re making a small purchase or handling multi-million-dollar orders, Creditdebt provides a reliable and secure solution.

As a licensed and regulated transaction service, we offer a seamless experience tailored to your specific needs. If an SGS inspection is required before funds are released, Creditdebt has the necessary processes in place to facilitate it.

Benefits for Buyers

• A smooth and easy online transaction with a fully licensed service.
• Guaranteed delivery of PPE as described before funds are released.
• Funds securely held in trust to protect buyers from fraud.
• Buyers can inspect merchandise before releasing payment.

Benefits for Sellers

• Buyer payments are verified, reducing fraud risks.
• Guaranteed payment upon successful delivery of PPE.
• All shipments are tracked to ensure safe delivery.
• Protection against unexpected chargebacks.

How Transactions Work on Creditdebt

1. Buyer and seller agree to terms – Both parties set the price and transaction conditions.
2. Buyer submits payment to Creditdebt – The buyer transfers the agreed amount into their Creditdebt account. Once confirmed, the seller is notified to proceed with packing, shipping, and insuring the PPE.
3. Seller ships merchandise – The buyer can track the shipment from the seller’s facility to their location.
4. Buyer inspects the merchandise – Upon receipt, the buyer verifies the PPE to ensure it meets expectations.
5. Creditdebt releases payment – Once confirmed, Creditdebt releases the funds to the seller.

Whether dealing with new or existing suppliers, Creditdebt provides a secure platform with predefined processes to protect all parties involved.

How Creditdebt Works for Brokers

Creditdebt allows brokers to initiate, manage, and finalize transactions securely.

• The broker starts a three-party transaction, and all parties agree to the terms.
• The buyer submits payment, which Creditdebt verifies before notifying the broker and seller.
• Upon verification, the seller ships the PPE and provides tracking details.
• Once the buyer receives and inspects the PPE, Creditdebt releases payment to both the broker and seller.

Get Started Today

For brokers and businesses buying or selling PPE, Creditdebt offers customized transaction fee quotes. We also accommodate transactions involving multiple brokers and buyers.

During these challenging times, we are offering reduced fees on PPE transactions, including items such as N95 masks, gloves, and other medical supplies.

To get a quote, email sales@creditdebt.cards or call Creditdebt for personalized pricing. Each transaction is handled individually to ensure the most competitive rates.

For any questions or concerns regarding PPE transactions, contact our customer support team via phone, email, or live chat.