What is internet storage?
Internet ESCrow is a third -party service that makes sure that a fair transaction on the web between the buyer and the seller is carried out. Many websites provide this service as a means of security for those who like to do business via the Internet. When using an internet custody, the buyer sends a product or services to his money at a custody service instead of the seller. By the time the product is delivered or the service is provided to the buyer, the safekeeping service will release the payment. This boom in Internet transactions was accompanied by an inevitable increase in fraudulent behavior on the web. To ensure a fair transaction and the removal of chances that one of the parties is a victim of fraud can be used a website specializing in Internet service services.
When using an internet custody, a small fee is provided to the custody service to monitor the transaction between the buyer and the seller. First, a party that buys a product sends the required payment to the store, toTerá verifies that the payment is valid and for the specified amount. The service then contacts the seller and asks them to send the desired product to the buyer. As soon as the Buyer notifies the suction service received by the product or service as advertised, the service will release the payment to the seller.
In this way, internet custody prevents the possibilities that payment and the product are in the hands of one side during the transaction at any moment during the transaction, helping to eliminate any type of re -re -re -re -re -re -re -re -re -reopened. If the product or service has a minimum value, then the parties in question may want to skip another payment for the service of the storage Avažížíují their chances because there are few at stake. For more expensive items such as jewelry or electronics, the Internet provides the ESCrow safety net to both sides.
buyers will enjoy the advantage that they know that their payment is protected from theft and will only be released when they have received what they bought. Sellers do not have to worry about the bad counterOly or other invalid payments and do not have to worry about fraudulent demands of buyers who claim that they have never received their package. The safekeeping service also allows the flexibility of various types of payments and provides personal data protection such as credit card numbers.