How Confam Money Works
Each party, buyer and seller, creates a valid account on the CONFAM MONEY platform, fulfills all mandatory, contractual agreements then creates a transaction. Once the transaction is approved by CONFAM MONEY, the buyer funds their wallet and a date is agreed on, between both parties, for delivery of goods or rendering of services. The seller is mandated to deliver the agreed goods and/or services to the buyer after which the funds in our possession required for the completion of this transaction, would be transferred to the seller upon approval from the buyer. The platform’s transactions are strict, transparent and have a well-structured security system. As an intermediary, third-party platform that manages and ensures seamless purchase and sales of goods/services between its users, CONFAM MONEY ensures that all transactions are void of ambiguity.
Buyer & Seller agree to terms
The Buyer and seller parties engage our platform, and all necessary validation and authentication processes are mandatorily completed by all parties involved.
Buyer deposit money with Confam Money
The buyer will proceed to deposit the funds required for the payment and purchase of the goods or services.
Seller delivers goods in good condition
The seller is mandated to ensure the goods or services is/are delivered in good condition to the buyer.
Fund release
CONFAM MONEY makes all necessary verification on both sides of the buyer, and seller and proceeds to release the funds to the selling party. In a case where a buyer decides to retract further interest in the purchase of goods or services, all necessary processes will be conducted by Confam Money to ensure fairness and transparency.
