Complex Processing Procedures
Hello Community.
KONPAY desires to build a new payment service system that can improve the problems of high fees and long settlement cycles.
In general, in the case of a credit card payment service, 5 to 8 parties participate from payment to settlement in the process of processing a single transaction, and the payment is processed through a total of 13 steps. Due to such a complex structure and procedure, the payment fees paid by merchants increase, and the computerization process continues in a vicious cycle that takes a long time. Such a complex structure affects the fee rate, and as little as 0.1% to as high as 1% of card company fees are additionally generated.
CHECK OUR LINKS
⚙️Webpage: https://konpay.io
🐦Twitter: https://twitter.com/konpay_official
📱 Xangle: https://xangle.io/project/KON/key-info
💡 Telegram Channel: https://t.me/Konpay_community
💻 Medium: https://konpay.medium.com/
📡 Gitbook: https://konpaywallet.gitbook.io
