Is Pawn Pay POS safe?

Not safe, Xiaobing Pay is a typical third-party payment platform. Third-party payment platforms like Pawn Pay have low security and are prone to money loss, so it's best to use them sparingly or not at all. Because it can't guarantee whether your expenses and income can be carried out in a safe state, it's better not to use it.

Third-party payment platform:

Third-party payment platform refers to an independent organization with certain strength and credibility, using a contract with major banks to provide a transaction support platform with a bank payment and settlement system interface network payment mode.

In the third-party payment mode, after the buyer purchases the goods, the buyer uses the account provided by the third-party platform to make payment (to the third party), and the third party notifies the seller that the payment has been made, and asks for the shipment of the goods; the buyer receives the goods, inspects the goods, and confirms the goods, then notifies the third party to make the payment; the third party then transfers the payment to the seller's account.

Traditional Payment Modes:

Traditional payment modes are often simple, instantaneous, direct payment transfers, one-step payments.

Which bill settlement and bill settlement is suitable for face-to-face spot transactions, can realize the synchronization of exchange; remittance settlement in the wire transfer and online direct transfer is also a step of payment, suitable for the next face-to-face spot transactions.

But if there is no credit guarantee or legal support, it will lead to asynchronous exchange easily triggered by the risk of non-equivalent exchange, the reality is that the buyer can not be paid first after the quality and quantity of harvesting the subject matter, the seller can not be delivered first after the receipt of the price on time as much as the number of delayed, discounted or refused to pay the events that triggered the economic disputes from time to time.