Why Nigerians keep getting scammed buying online, and how escrow fixes it | TechCabal

Escrow is an old and simple idea. Instead of paying the seller directly, the buyer sends the money to a neutral party who holds it safely. The seller ships the item, knowing the money is secured and waiting. Once the buyer confirms the order has arrived, the money is released to the seller. If something goes wrong, the buyer is protected and can get their money back. Both sides are safe at the same time.

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