Transaction Security Service (TSS) Deal Operations

Transaction Security Services TSS is a brand that is applied to a particular type of service. This service ensures that sellers and buyers who are remote from each other can agree in advance what their deal will be and that then the deal happens exactly as agreed.

The TSS service makes sure that:

• The agreed amount of produce is transacted
• The agreed quality of produce is transacted
• The transaction is at the agreed place and on the agreed time
• The payments are made as per agreement
• It is possible to track each bag or crate or basket from the buyer back to each individual farmer
• It is possible to track the transaction so that if something didn’t work out as agreed then the mistake can be identified and corrected. 

The brand-holder of the TSS brand makes sure that the above is assured, and guarantees that in case one partner fails to fulfil his commitments then the other partners will get back any money that they already spent on this deal. TSS registration usually only makes sense for larger deals, eg. for at least one full truckload of 10 tons that go over larger distances outside a District. Smaller local deals can be undertaken without the need for registration. But the TSS licensed service provider must still follow the TSS quality requirements to keep the license. Of course if buyers and sellers wish to get the guarantee, and if there is anything special about a deal, it can still be registered even if it is smaller than 10 tons. 

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