Payment Policy

Payment Policy – Ming Escrow Payment Platform

At Ming Escrow Payment Platform, we are committed to ensuring safe, transparent, and reliable payment processing for all users. This Payment Policy outlines the principles, terms, and procedures that govern how payments are made, received, and managed on our platform. By using our services, you agree to comply with this policy.

1. Payment Process

1.1. All payments must be initiated and completed exclusively through the Ming Escrow platform.
1.2. The buyer deposits the agreed funds into the escrow account before the seller delivers goods or services.
1.3. Funds are released to the seller only when the buyer confirms receipt and satisfaction, or once the agreed contractual terms are met.
1.4. Any attempt to bypass the escrow process is strictly prohibited.

2. Accepted Payment Methods

2.1. Ming Escrow accepts a variety of secure payment methods, including but not limited to:

Bank transfers
Credit and debit cards
Approved digital wallets
Other methods officially listed on the platform
2.2. Payment methods are subject to availability based on the user’s country and applicable regulations.

3. Fees and Charges

3.1. Transaction fees and service charges will be clearly displayed prior to the initiation of payment.
3.2. Users are responsible for reviewing and agreeing to the applicable fees before proceeding with any transaction.
3.3. Fees are non-refundable except in cases of proven error by Ming Escrow.

4. Currency and Conversion

4.1. Transactions will be processed in the platform’s default currency unless otherwise specified.
4.2. Where currency conversion is required, the applicable exchange rate will be displayed at the time of payment.
4.3. Users are responsible for understanding and accepting exchange rate differences before proceeding.

5. Security of Payments

5.1. All transactions are protected using advanced encryption and fraud-prevention technologies.
5.2. Ming Escrow will never request users’ sensitive financial details outside of the secure platform environment.
5.3. Users are responsible for safeguarding their account login credentials to prevent unauthorized access.

6. Refunds and Cancellations

6.1. Refunds may be issued if the transaction is canceled before funds are released from escrow, subject to platform rules.
6.2. Once funds are released to the seller, Ming Escrow cannot reverse the payment unless required by law or dispute resolution.
6.3. Refunds will be processed through the original payment method whenever possible.

7. Dispute Resolution

7.1. If a dispute arises, both parties must promptly submit evidence and supporting documents via the platform’s dispute system.
7.2. Ming Escrow will act as a neutral third party and make a decision based on fairness, the evidence provided, and the transaction terms.
7.3. Decisions made by Ming Escrow in disputes are binding unless otherwise determined by legal authorities.

8. Compliance and Legal Obligations

8.1. All payments must comply with local, national, and international financial regulations, including anti-money laundering (AML) and counter-terrorism financing (CTF) laws.
8.2. Ming Escrow reserves the right to hold, freeze, or report suspicious transactions to relevant authorities.
8.3. Users must not use the platform for illegal or prohibited transactions.

9. Policy Updates

9.1. Ming Escrow reserves the right to update this Payment Policy at any time to reflect regulatory changes, technological improvements, or business needs.
9.2. Users will be notified of significant updates through email or platform notifications. Continued use of the platform constitutes acceptance of the revised policy.

10. Acceptance of Policy

By using Ming Escrow Payment Platform, you acknowledge that you have read, understood, and agreed to abide by this Payment Policy.