What is a Middleman (MM) in Transactions?
A middleman (MM) is a trusted third party who:
• Holds funds from the buyer securely
• Releases them to the seller only after the buyer confirms everything is delivered as agreed
• Refunds the buyer if the deal goes unsuccessful or the seller fails to deliver
@middlemanOFM
A middleman (MM) is a trusted third party who:
• Holds funds from the buyer securely
• Releases them to the seller only after the buyer confirms everything is delivered as agreed
• Refunds the buyer if the deal goes unsuccessful or the seller fails to deliver
@middlemanOFM
Why Use a Middleman?
• Prevents scams – no risk of losing money or goods
• Builds trust – both sides know their interests are protected
• Adds security – especially for high-risk or anonymous transactions
@middlemanOFM
• Prevents scams – no risk of losing money or goods
• Builds trust – both sides know their interests are protected
• Adds security – especially for high-risk or anonymous transactions
@middlemanOFM
How It Works (Step-by-Step):
1. Buyer sends funds to the MM
2. Seller delivers the product or service
3. Buyer confirms they’ve received everything as agreed
4. MM releases funds to the seller
5. If the deal fails, the MM refunds the buyer (after verifying the situation)
@middlemanOFM
1. Buyer sends funds to the MM
2. Seller delivers the product or service
3. Buyer confirms they’ve received everything as agreed
4. MM releases funds to the seller
5. If the deal fails, the MM refunds the buyer (after verifying the situation)
@middlemanOFM