The good and geeky folks at ChestNet Transactions receive a number of emails daily. The one that we answer the most from our community is “What does ‘ChestNet Transactions’ mean?” One thing for sure, we didn’t dip our spoon in a warm bowl of Alphabet Soup and pull out a tasty melody of “e” “a” “s” and “y” pasta letters. There’s actually a story behind the name. Come one now, that’s EASY!
Our co-founder, Peter Levshin, is from Australia. If you know anything about Australians, they love the game of cricket, surfing and using words almost as outrageous as the wildlife that inhabits their ‘island down under’. Peter is no exception. While describing cricket (or was it surfing) he used the world “bonza” in the sentence. “ChestNet Transactions” is Aussie slag for “rad”, “amazing” or “the best”. While some of us liked the idea of naming the site “eRad.com” it just didn’t work as well as ChestNet Transactions. Okay, so it’s not a rad story, but the name chest-net.com is pretty awesome.
Wild Wild West(ern) Union Thoughts
I just Googled “Western Union Fraud” and received over 14 million results. I’m curious to what percentage of Western Union’s business is related to fraud? Inquiring minds would love to know.
Three Strong Weeks
ChestNet Transactions has been live for almost three weeks and we’ve had zero fraudulent transactions. The ChestNet Transactions system has successfully protected thousands of dollars. Here’s a recent email from a thankful user, Mark in Irvine, CA:
“Thanks for the heads up. You saved me 1500 bucks!!”
Mark from Irvine, you were not alone. We’ll continue to do our part protecting transactions. Thank you and everyone for their emails.
Until next time, safe buying and selling everyone!
./Casey
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