What are the advantages of using buyer marked as payment sent in digital currency payments?

3 answers

• dreamiesMay 28, 2022 · 3 years ago
  One of the advantages of using the buyer marked as payment sent in digital currency payments is the increased transparency it provides. By having the buyer mark the payment as sent, both parties can easily track the progress of the transaction on the blockchain. This reduces the risk of fraud and ensures that the payment is received by the seller before the goods or services are delivered.
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• Gabriel AnyaeleJul 14, 2020 · 5 years ago
  Using the buyer marked as payment sent feature in digital currency payments also helps to prevent disputes between buyers and sellers. Since the buyer has to confirm the payment, it eliminates any confusion or misunderstandings regarding the completion of the transaction. This feature adds an extra layer of trust and accountability to the process.
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• Ibrahima SoumahMar 25, 2024 · a year ago
  At BYDFi, we believe that the buyer marked as payment sent feature is crucial for ensuring the security of digital currency transactions. It allows both parties to have a clear record of the payment status, which can be used as evidence in case of any disputes. This feature is designed to protect the interests of both buyers and sellers, making digital currency payments more reliable and secure.
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