Quote from: Pichita on December 15, 2014, 06:50:09 PM

Quote from: RodeoX on December 15, 2014, 06:28:38 PM

Vilksatus, Escrow is now part of any sale involving PayPal or the like. This protects you as well as the buyer. Sending hundreds of dollars to "a guy from the internet" is not going to happen.

RodeoX can you explain me , how escrow prevent chargeback?

You still have to move the funds you receive out of your PP account. I think one can do a chargeback 90 days after the transaction. That is longer than the escrow so the process might go like this:

Seller sends BTC to escrow.
Buyer sends funds to PP.
Seller moves PP money to other account.
Escrow sends BTC to buyer.

Now the seller has secured funds that can't be drawn back and buyer has BTC, which can't be taken back either.