[bisq-network/bisq] What new payment methods would you like added to Bisq? (#4757)

chimp1984 notifications at github.com
Sat Nov 7 05:43:54 CET 2020


> The trade protocol also requires the BTC buyer to state the Bisq Trade ID in the payment reference / description for the seller. This means payment methods need a reference / description for the seller.

This together with stating the sending account information to the seller is used to protect against "triangular scam" attempts, where a 3rd person is tricked to send money to the BTC seller (e.g. for buying an iPhone on Ebay). Once the seller release the BTC the scammer gets the BTC and the victim will discover at some point that he never got sent the item he purchased. When he file a police report the Seller get accused as he was the receiver of the funds. Bisq never had such a case as far I am aware, probably because we protected from early times on against that by the need to provide the sending bank details and the reference text. 

-- 
You are receiving this because you are subscribed to this thread.
Reply to this email directly or view it on GitHub:
https://github.com/bisq-network/bisq/issues/4757#issuecomment-723391100
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://lists.bisq.network/pipermail/bisq-github/attachments/20201106/aab008d2/attachment.html>


More information about the bisq-github mailing list