Great question. First, let’s talk about what we have done to avoid this scenario. When you type in a person’s handle, it will show you their profile picture.
So as long as you know what the account looks like, you will not be sending it to the wrong person. Or in this case, a misspelling wouldn’t populate their profile. You can also link all of your social media contacts so all you have to do is click on them rather than typing out their full name. Now, if funds get sent, they won’t just end up “in the void.” After 7 days of the recipient not accepting the funds on their end, it expires and the funds are returned back to the sender.
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We will continue to enhance and add to these safeguards. For now, we feel they are very adequate to navigate the platform without worry. Thanks!
Perfect, that solution should work nicely and make for a smooth worry-free sending experience!
Awesome, thanks! Clearly you guys are seriously considering each contingency.