Why Shoul I use an Escrow?
Escrow is a defined process whereby a buyer puts money into the
custody of a trusted third party with a guarantee that funds are
available for payment to the seller after a specified set of conditions
has been met.
Middle Man acts as a secure third-party to protect both Buyer, Seller and your Privacy.
How It Works
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Buyer and Seller Agree to Terms
Prior to starting and escrow, both parties agree to the
terms of the transaction which includes a sale price (amount) and
description of the goods.
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Buyer Pays Middle Man
The Buyer submits a bitcoin desposit to Middle Man and the transaction is verified.
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Seller Ships Goods/Services
Upon deposit verification, the Seller is authorized to ship
merchandise. Buyer may notify Seller directly by providing the Status
Link to Middle Man.
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Buyer Accepts the Goods/Services
The Buyer has a set number of days for an inspection and then releases the funds.
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Middle Man Pays the Seller
Upon notification from buyer to release the
deposit or if the inspection period ends, Middle Man pays the Seller.
The transaction is now complete.
Buyer Protection
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The Seller not gonna be paid until the Buyer accepts the merchandise,
confirms services have been rendered or the inspection period ends
without dispute.
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Middle Man is typically an anonymous service except in the
event of a dispute where it may be required for buyer and seller to
provide additional information to an arbitrator if both parties are
unable to resolve the dispute themselves.
Seller Protection
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The Seller is authorized to ship/provide service only after
Middle Man verifies the deposit of funds from buyer. A minimum of six
(6) confirmations on the bitcoin network assures verification of payment
from buyer.
Anonymity
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There are no governments laws applicable on our service, is
accepted dispute resolutions for any deals. All communication and data
files what will be used by seller or/and buyer will be permanently
deleted after both parties agreement.