MASANETO

Buyer protection

On MASANETO the money goes through the platform's settlement account, not straight to the seller. This page explains what that protects and what it does not. Settlement account protection applies to auctions whose page says 'Settlement through the settlement account'. In a direct settlement auction the buyer and the seller settle the price between themselves, and MASANETO does not intermediate the payment.

What the settlement account protects

You pay the whole amount into the MASANETO settlement account, not to the seller. The money stays there until you confirm that you have received the item. The seller hands the item over only after the platform has confirmed the payment, so neither side has to trust the other with the money first.

Seven days to check the item

After the handover you have 7 days to confirm receipt or to object on the auction page. If you do nothing, the handover counts as confirmed and the money is released to the seller.

What MASANETO decides

An objection is examined by MASANETO, which looks at the auction description, the photos, the proof of handover and what both parties say. It decides on a refund to you, a payout to the seller or a partial refund. Until the decision the money stays in the settlement account.

Refunds

A refund goes back to the payment method you used, in the amount the decision names: the whole payment or a part of it. Stripe returns a card payment in a few business days; a bank transfer is returned to the account it came from.

What is not covered

The protection covers the deal on the platform: an item that was not handed over, or that does not match the auction description. It does not cover a deal settled outside the platform, a change of mind after a confirmed handover, wear disclosed in the description, or an objection made after the 7 days. Bids are binding, so an unpaid deal is not protected either: it is cancelled and may lead to blocking.

Questions

Questions about a deal are answered at info@masaneto.com. Have the auction number ready.