Payments on OpenMarket.

Openmarket is a crypto first marketplace and business transactions in cryptocurrencies is a preferred form of payment on the marketplace. However, the marketplace vendors can also provide an optional fiat currency payment feature which would be accepted through debit and credit cards. Payments to the vendors are released seven days post product delivery unless there are any open complaints against the sale.

Payments by buyers are put into escrow accounts until the buyer receives the product or service from the seller and is satisfied with it. Payment from escrow is then automatically deposited to the seller’s account.