Don't collect the money yourself and pass it on to sellers; let a licensed payment institution settle it directly
- High value
- Evidence A
- Keeps you free
- Free
- Takes some hours
- No willpower
In plain words
If the buyer's money goes into your account first and you then pass it on to the seller, you are running a payment business. That business needs approval from the People's Bank of China (中国人民银行) and real capital of 100,000,000 (1亿) CNY. If you do it without approval, you will be shut down, the money you made is confiscated, and you are fined, with the owner and the people in charge fined separately. In serious cases there is a prison sentence. There is only one safe way: the money never goes into your account.
Translated from the Chinese original. Original book, section 26, tip 1. This section describes legal rules, mostly mainland China’s. It is general information, not legal advice; for your own case, talk to a lawyer. Content may be out of date and rules differ by place. When you actually deal with an agency, a doctor or a court, follow what local officials, doctors and lawyers tell you. Disclaimer