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Payber (Transaction Online)

Jun 22nd, 2020
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  1. Payber is a third party transaction between a buyer and seller who is in a dialogue to reach an agreement. In this case a third party, namely Admin, before sending paypal balance, bitcoin, ethereum, litecoin to the seller, we strongly recommend sending the funds to the admin before sending to the seller to minimize fraud from the seller or buyer.
  2.  
  3. Illustration of transaction using Payber
  4. Buyer: I want to buy your tools, how much is the price?
  5. Seller: $100/year
  6. Buyer: how to make payment?
  7. Seller: Send money to me via paypal and I will send the tools.
  8. Buyer: I want to use payber services, what do you think?
  9. Seller: Alright.
  10. * dialogue continues
  11. Buyer: I have sent the funds to the admin (screenshot.jpg)
  12. Seller: Alright, I'll send the tools. (tools.zip)
  13. Buyer: (testing tools) Good, the tools work perfectly. Done.
  14.  
  15.  
  16. Buyer and admin dialogue about the transaction.
  17. Buyer: I am currently trading with a tool seller and I buy the tools for 100 $ / year. I will leave my funds with you.
  18. Admin: Alright.
  19. Buyer: Funds have been sent, please check your account.
  20. Admin: Confirmed. Please continue your transaction.
  21. * The buyer confirms the transaction is complete and the admin sends money from the buyer to the seller after the transaction is considered completed.
  22.  
  23. From the example dialog above, we will find out the important functions of third parties in online transactions. In other cases, the admin sets the amount of payment according to the size of the transaction.
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