This Aniq Wallet is a place where the earnings for your sales on Aniq are safely stored. It holds all buyers made to you via credit cards and other payment methods. Until the item is delivered, this amount is temporarily stored by Aniq. As soon as the buyer confirms everything is OK with the item after delivery, the amount becomes available to the seller.
How it works:
Why does Aniq do this?
Delaying the availability of funds is a common practice in online marketplaces. We implement this to help ensure that Aniq is safe and secure for both buyers and sellers. As soon as the buyer pays, the money belongs to the seller. It’s just temporarily not available for use, to make sure the buyer’s purchase matches the description in its listing.
Pending Aniqs
When a buyer pays for an item using their credit card, PayPal, or Aniq Balance, their money appears as pending in the seller’s Aniq Balance. Until the item is delivered, this Aniq is temporarily stored by Aniq. As soon as the buyer confirms everything is OK with the item after delivery, the Aniq becomes available to the seller.
Here’s how the Aniq process works:
Important note to sellers: When your buyer confirms that everything is OK with the item after the delivery, but the Aniq is still pending means that your Aniq balance is not activated yet. Find out how to activate your Aniq Balance.
Why we do this
Delaying the availability of funds is a common practice in online market places. We implement this to help ensure that Aniq is safe and secure for both buyers and sellers. As soon as a buyer pays, the money belongs to their seller. It’s just temporarily not available for use, to make sure the buyer’s purchase matches the description in its listing.