Safe Payment Group is developing a high-security payment solution for peer-to-peer transactions
There is a growing need among consumers for a new, secure method of trading. A safe and reliable payment solution would boost the circular economy, increase peer-to-peer commerce, and strengthen trust between parties.
Due to the growing volume and appeal of peer-to-peer trading, the number of scammers on the most common marketplaces is increasing. Typically, the scam occurs when the buyer sends money to the seller, who then either disappears or delivers a defective or incomplete product.
According to a survey, 15% of respondents reported being victims of fraud. Victims are in a weak position, as these crimes are difficult to resolve, and recovering lost funds is uncertain—even if the perpetrator is identified.
Due to the growing volume and appeal of peer-to-peer trading, the number of scammers on the most common marketplaces is increasing. Typically, the scam occurs when the buyer sends money to the seller, who then either disappears or delivers a defective or incomplete product.
According to a survey, 15% of respondents reported being victims of fraud. Victims are in a weak position, as these crimes are difficult to resolve, and recovering lost funds is uncertain—even if the perpetrator is identified.
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