Our platform's P2P cash transactions utilize a verification mechanism based on pickup codes generated by the platform. The system will only complete the release of funds after the buyer successfully submits the correct pickup code.
1. Transaction Process Description
- After an order is created, the platform will display the corresponding pickup code to the seller.
- The buyer and seller will conduct an offline meeting for the transaction as per the order agreement.
- After the seller verifies that the cash amount and its authenticity are correct, they will inform the buyer of the pickup code.
- The buyer will submit the pickup code within the platform.
- Upon successful verification by the system, the release of funds will be completed automatically.
2. Seller Rules (Pickup Code Manager)
- The pickup code is generated by the platform and is only displayed to the seller. Please keep it secure.
- The seller may only provide the pickup code to the buyer after completing the cash verification in person.
- The pickup code serves as an authorization for fund release and is irrevocable once used.
- If the seller provides the pickup code without completing the verification, they will bear any resulting losses.
3. Buyer Rules (Pickup Code Submitter)
- The buyer must request the pickup code from the seller only after the offline transaction is completed and confirmed by the seller.
- The buyer may only submit the pickup code provided by the seller and must ensure its correctness.
- Any risks arising from premature submission, misuse, or unauthorized use of the pickup code will be borne by the buyer.
4. Pickup Code Usage Regulations
- Pickup codes are only applicable to corresponding orders and are limited to one-time use.
- Successful verification of the pickup code will complete the release of funds, and such operations are irreversible.
- The platform will provide limited assistance for disputes based on pickup code verification records and internal platform data.
5. Risk and Liability Statement
- This platform does not participate in any offline cash delivery or meeting activities, nor does it guarantee the security or outcome of transactions.
- Any personal, financial, or legal risks arising from P2P cash transactions are solely borne by the parties involved.
- Violations of these rules may result in the platform taking appropriate measures according to risk control policies.
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