What happens if a payment is delayed?: Difference between revisions

From Bittylicious
Jump to navigation Jump to search
(Created page with "Sometimes banks delay payments. This can be a problem for sellers on the site as Bitcoin and other virtual currency prices are so volatile. Any transaction that takes over tw...")
 
No edit summary
 
(One intermediate revision by one other user not shown)
Line 1: Line 1:
Sometimes banks delay payments. This can be a problem for sellers on the site as Bitcoin and other virtual currency prices are so volatile.
Sometimes banks delay payments. This can be a problem for customers on the site as Bitcoin and other virtual currency prices are so volatile.


Any transaction that takes over two hours to receive is taken on a case-by-case basis. The general rules are:
Any transaction that takes over two hours to receive is assessed on a case-by-case basis.
 
* Delays were the fault of the seller: the trade will go ahead.
* Delays were the fault of the buyer or the bank: the decision is left up to the seller.
 
In most cases though, sellers will put through transactions anyway, especially if payment is received within 24 hours. However, sellers do reserve the right to offer a fiat refund instead.
 
Do note that you will always either receive your virtual currency or your money back. You will never be out of pocket.

Latest revision as of 10:59, 26 September 2024

Sometimes banks delay payments. This can be a problem for customers on the site as Bitcoin and other virtual currency prices are so volatile.

Any transaction that takes over two hours to receive is assessed on a case-by-case basis.

Retrieved from ‘https://help.bittylicious.com/index.php?title=What_happens_if_a_payment_is_delayed%3F&oldid=1077’