A free payment service that protects buyers and builds seller reputations.
SafeTX is an easy payment solution that leverages Bitcoin multisig transactions to protect buyers, and help grow seller reputation and sales.
In a transaction, the buyer pays to a special address (2-of-3 multisig) that releases payment only when both parties sign off and unlocks the payment, or when a mutually-agreed date has expired.
For buyers, this allows for inspection of purchase before payment is irreversibly forwarded to the seller.
For sellers, this simplifies returns/refunds, and enables reviews from buyers, building reputation and trust for future sales.