Procedure for releasing payment for Binance send cash/P2P?

[neku]

What is the procedure for releasing payment for Binance send cash/P2P after the crypto buyer has sent payment? Does the crypto seller using a desktop only receive an email notification or is there any place/link in the binance site for the seller to confirm receipt?

 

[Abdulhamid01]

After the crypto buyer has made payment, the receiver confirms that the payment has actually been made by the buyer by clicking on payment received then the crypto coin is automatically released to the buyer

 

[neku]

After the crypto buyer has made payment, the receiver confirms that the payment has actually been made by the buyer by clicking on payment received then the crypto coin is automatically released to the buyer

Does the receiver get an email notification of the payment, or does he have to keep checking the relevant section of their account so that they can make the confirmation of payment online and release the money.

 

[King Belieal]

Binance has an escrow service that holds sent sent crypto till receipts of payment from the seller is confirmed. When once the seller accepts that payment has been made, crypto is released to the specified wallet of the buyer.

 

[Goldynn89]

I've used Binance p2p for a long while now. Most traders now have as one of their terms that you should drop your phone number.
This helps in communication if there's a delay from banks, but I've always had smooth transactions

 

[deucher]

The seller must make sure that you have sent him the funds and then he will confirm in the application that he has received the funds and the cryptocurrency will automatically be credited to your balance