B2B Payment Safety Guide for TradesFolks Users
Payment risk can be material in B2B trade. Verify who you are paying, why, and under what documented commercial terms before transferring funds.
Before payment
- Match beneficiary details to the agreed seller/business where appropriate.
- Confirm amount, ISO currency, invoice/order reference and payment stage.
- Be cautious of last-minute bank-account changes communicated only through an unverified channel.
Keep records
- Retain quotation, invoice, order and payment references.
- Record milestone or partial-payment terms clearly.
- Use platform-supported protected payment workflows where eligible.
Fraud warning signs
- Pressure to bypass documented terms.
- Unexpected requests to pay a different entity or country without explanation.
- Requests for passwords, OTPs or account credentials.
Frequently asked questions
Does TradesFolks guarantee every external payment?
No. Protection depends on the specific payment/order workflow and eligibility. External payments can fall outside platform protection.
Should I verify changed bank details?
Yes. Use an independently verified channel before acting on unexpected beneficiary changes.
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