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Can we please make a viable (federated!) amazon alternative? I have an idea!
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I know that Federation is exciting, but all these ideas for federated services are really missing the reason why the Fediverse's current bits are successful - because they have low moral hazard.
When you get into economics and meatspace relationships, moral hazard skyrockets.
Accepting payments and creating "contracts" over the Fediverse is no bueno at the current time. I think it would require some kind of 3rd party, almost PayPal-esque (PayPal has its own controversy) service that would create the obligation and associated penalties that come with an online transaction. Could be the instance itself but as you said that's a risk most instance owners wouldn't take.
Accepting payments isn't some kind of wild adventure that will inevitably doom your operation. People do it all the time, you can set up a Stripe account in a few minutes. You could, if you wanted (and you would probably want to go this route at least initially), require people to have a Stripe account or something and get paid directly from the buyer without you being involved. And then just charge a flat fee to the merchants or something, if you wanted to make the whole thing sustainable.
Stripe is well-equipped to deal with issues of taxes, fraud, refunds, and so on for micro-level businesses. Once you get into accepting payments and re-disbursing them to people, you've opened up a whole can of worms which probably means you should be spending a couple thousand dollars on lawyers and accountants to make sure it's all on the up-and-up, but even then, it's not unsolvable. It's kind of a pain in the ass, that's all. Jim Bob's Towing with his 2 pillhead employees manages to do it every day. It's how Jim Bob financed his boat. It's fine.
Exactly, you probably want a 3rd party to handle the money exchange part. Doesn't mean a Fedi app can't facilitate everything else.