GunBroker is an auction platform. It helps buyers and sellers find each other and agree on a price. It isn't usually involved in the actual transactions, where payment is made and merchandise is shipped. So GunBroker can't do much to protect you from payment fraud and merchandise fraud. That's why people get scammed on GunBroker.
GunTab is a transaction platform. It helps buyers and sellers complete payment, shipment, and inspection. It eliminates the risk of fraud, because GunTab is escrow. When you use GunTab, you can't get scammed. And you can use GunTab for any online transaction, including GunBroker transactions.
We'll show you the difference using 2 real examples from GunBroker. There were 2 buyers, both buying from the same seller. One got scammed, the other didn't. The lesson is clear – only GunTab can protect you.
In June 2021, a seller named Tucjud45 posted two guns for sale on GunBroker. Each sold to a different buyer. But things turned out very differently for these two buyers. One chose to risk getting scammed, and paid the seller directly. The other chose to pay through GunTab. Let's look at each of their stories.
Buyer #1: without GunTab
Scammer. Took my money and gunbroker will not reimburse me. Stay away!
Tasinator is referring to the GunBroker Buyer's Protection Program, which "will cover up to $500.00 on an item" after you pay a $100 deductible. But that is subject to GunBroker's review and approval. Apparently GunBroker decided Tasinator did not qualify for the Buyer's Protection Program. So Tasinator lost over $600 to this scammer.
Buyer #2: with GunTab
A buyer named Martyemiller won the auction for a Beretta shotgun. He paid through GunTab. Although the seller provided a real tracking code for a shipment in transit, GunTab detected the transaction was likely fraudulent. Because GunTab is escrow, the buyer's funds remained safe.
After confirming the tracking code was falsified, GunTab refunded the buyer's payment and suspended the fraudster's GunTab account. The buyer shared this message with us:
Thanks again for all your help....you were amazing. I will be using you guys for all my future online or remote gun purchases.
The GunBroker Buyer's Protection Program offers some protection, some of the time. But you can't recover more than $400 in any case, and there are many cases where GunBroker considers you ineligible for the program. If you want total protection on your GunBroker purchases, all of the time, simply use GunTab. You can open a free account right now.
P.S. We now automatically collect GunBroker sales tax and compliance fee, so you don't need to worry about that either.