UNDERSTANDING HOW PRIVILEGES WORK ON PEERWALLET (TRUSTED-LISTS)
Privileges are set on Peerwallet to further limit who can send money to you. In other to be able to differentiate some offers from the general public, the trusted list was created. Below are the procedures on how to add a trust to your list.
STEP 1
As a business, you might want to offer your gateway services to specific businesses or individuals you trust, which is possible from the trusted list feature. When adding users to your list, you would find two options, which are explained below;
Individual Privilege: Here if you add Sarah and place her as 'individual privilege', this means that Sarah would be able to order from your gateway irrespective of any other settings like the following;
a) Country limit;
b) Currency limit
c) Industry limit
d) Domain verification limit
e) Account verification limit
Seller Privilege: Unlike the Individual privilege, all the buyers and customers paying from their gateway or payment link will be able to pay you. So, for example again; if you add Sarah to your 'Seller privilege', and Sarah has an online store of over 12,000 customers. What this means is that those 12,000 customers from Sarah's store would be able to pay you without restrictions.
STEP 2
Conclusion:
People you should have this deal with are people or businesses you have an agreement with so that in case there is any chargeback, they should be responsible for those cases.
If you have integrated a reversible payment method, then setting this option to trusted individuals or businesses becomes important.
FINAL STEP
