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2 years ago

How can you get your money back if you send a p2p payment to the wrong person?.

1 answer:

7 0

When a payment is sent to the wrong person using p2p, the money cannot be gotten back since it is equivalent to giving money to a wrong account. However, the person can lay a complaint to the customer service to take action.

<h3>What is P2P Payment?</h3>

P2P payment is a system of payment where money is sent to another member of the crypto community in exchange for a coin to be sent to the individual's wallet. It is equivalent to giving someone cash.

When a user mistakenly sends money to the wrong person, the money cannot be gotten back. But if the sender has the details of the wrong receiver, an appeal can be made for the money to be reversed. However, if this is not the case, then the money would have to be forfeited.

Learn more about P2P Payment here:

brainly.com/question/25107350

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3 years ago

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Explanation:

We will use the Quantity Theory of Money to solve this simple question.

The Quantity Theory of Money equation is equal to:

ΔM X V = ΔP X ΔY

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ΔM = Change in Money supply
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3 years ago

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3 years ago

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2 years ago