(PRESS RELEASE) Gembridge has celebrated 1,250 gemstones sold with no returns, including the biggest transaction so far on the digital marketplace for US$220,000 paid by a retail customer using a credit card.
Gembridge connects customers in 60 countries with the world’s top 1,000+ suppliers of gemstones and jewellery.
“A 100% successful transaction rate means that every sale on Gembridge since launch has ended with a delighted buyer and a paid seller, with zero returns made via our global returns policy,” said Gembridge CEO Nick Marrett.
Gembridge promises to help its customers find their Perfect Stone. It starts with them being able to quickly find exactly what they want using its online platform to discover and compare thousands of stones from around the world.
Once they find a stone, Gembridge’s commercial team helps customers make the right commercial or personal choices by ensuring sellers provide accurate cataloguing, video and photography material along with competitive prices.
“Our sales process makes sure customers take delivery of exactly what they have purchased before payment is released to sellers,” says Gembridge Commercial Director Jean Jureidini.
“We effectively remove the product and payment risk. Which is backed up by a global returns policy.”
Gembridge’s sellers are among the most professional in the industry. Its management team interviews and vets each new seller before they are allowed to list their inventory on Gembridge.
“Sales payments made between Gembridge, our customers and sellers move efficiently through the international banks and credit card companies because Gembridge is the only online marketplace in the world regulated for anti-money laundering and the countering of terrorism financing,” Marrett says.
Gembridge offers digital marketplaces for both retail customers and the coloured gemstones trading community.
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Gembridge helps customers in 60 countries discover a wide variety of the world’s best gem-quality stones and jewellery at the best prices. Every stone on Gembridge is expertly appraised and catalogued, curated in places where beautiful stones are found. You can find your Perfect Stone loose, in jewellery or choose a custom-made setting. We can also help you create bespoke jewellery.
Gembridge is represented by Ambassadors in Shanghai, New York, Los Angeles, Chattanooga, Minas Gerais, Bogota, London, Geneva, Munich, Nairobi, Beirut, Jaipur, Colombo, Bangkok, Singapore, and Sydney.
Gembridge is a commercial member of CIBJO, the World Jewellery Confederation and is a member of the ICA, International Colored Gemstone Association, and the Responsible Jewellery Council (RJC). Gembridge is regulated by Singapore’s Ministry of Law for purposes of anti-money laundering and countering the financing of terrorism.