PayConfidence is an application for Android devices that helps users secure various online payments. This tool is designed as an intermediary between sellers and buyers. It supports payments via mobile phones, USSD codes, and web resources.
How it works
The principle of operation of this service is as follows: if any transaction is concluded without a personal presence, Payconfidence allows you to establish trust between the seller and the buyer.
So, the customer pays for the transaction, and after that, his money is held in the account of a third party with a special license. The seller receives a guarantee that the funds are paid for and, accordingly, can safely send the goods or provide the service.
The money will be held on the account of the service for some time. This happens as long as the goods are received by the buyer and checked. The same goes for services.
Only after confirmation by the customer, these funds are transferred to the account of the seller. Thus, the online transaction is completed with maximum convenience for both parties.
Additional options
If the product or service was not received, users can open a dispute in order to receive a refund.
Please note that this service does not depend on the platform on which buyers and sellers meet. It may be, for example, WeBuyCars or another marketplace. So, PayConfidence can be used in any trade transaction.
Features
- helps users secure various online payments;
- allows you to establish trust between the seller and the buyer;
- supports payments via mobile phones, USSD codes, and web resources;
- app is free to download and use;
- compatible with current Android versions.