offtopic question: Is there any arbiter-payment function exists in Stripe/Paypal?
It's the secret source of success of Alibaba's Alipay. Internet was full of scams in China, so the consumers aren't willing to pay to sellers directly, Alipay introduced this extra step, after payment, the fee is onhold, then the consumer receives the goods/services and checking with Alipay, the payment finally goes through. This allows the eCom owner and consumers to negotiate problems case-by-case and shop owners to gain credit over the time.
This arbiter-payment feature of Alipay is groundbreaking in the 00s.
It's the secret source of success of Alibaba's Alipay. Internet was full of scams in China, so the consumers aren't willing to pay to sellers directly, Alipay introduced this extra step, after payment, the fee is onhold, then the consumer receives the goods/services and checking with Alipay, the payment finally goes through. This allows the eCom owner and consumers to negotiate problems case-by-case and shop owners to gain credit over the time.
This arbiter-payment feature of Alipay is groundbreaking in the 00s.