anyone heard of Addeco Safe Transactions?

Interesting results from a google search.

Many posts stating that company is not a scam.

Several posts stating that company is ... sort of ... an escrow company.

The company's original blurb stated it was a "drop off chain" franchise.

So, what is it?

Do people think it is an escrow company, approved by eBay? 

(The only eBay  "approved" escrow is escrow.com)

http://pages.ebay.com/help/pay/escrow.html

or, is it a "consignment store", where sellers can drop off their items?

or, is it something completely different, and misunderstood?

The Addeco site seems to state they are BOTH a consignment seller and an escrow company.

A great place for quick answers; no waiting, no voting,
"Do It Yourself": eBay Customer Support .

Even more investigation ...

We have already learned that the company is not shown by eBay as an "approved" escrow service.  But, what about an "eBay consignment seller"?

If they sold on eBay, one would think the would have an eBay ID that contained their "Addeco" name.  An eBay search of sellers found one "Addeco", but that ID has been a Member since: May-12-01 in Germany

So, if they do sell on eBay, it is with a completely different ID.

All I can say, is "Hmmmm"

A great place for quick answers; no waiting, no voting,
"Do It Yourself": eBay Customer Support .