When you are selling digital products and services, you must be aware of risk. Some of the common risks are not getting paid or chargebacks. If you are selling through established marketplaces like Fiverr, Etsy, and Amazon, these platforms provide transaction monitoring, thus, reducing the chances of scams. However, if you are working independently, you might not receive payment for your delivered products or services, or even if you received payment, you might also receive chargebacks after a while.
You can address this issue by using Escrow, which protects the buyer and the seller by holding the buyer's funds until the service or product is delivered. Once the buyer releases the funds, they no longer can file chargebacks.
You can address this issue by using Escrow, which protects the buyer and the seller by holding the buyer's funds until the service or product is delivered. Once the buyer releases the funds, they no longer can file chargebacks.
