Settlement Cycle Problem
Hello Community.
KONPAY desires to build a new payment service system that can improve the problems of high fees and long settlement cycles.
The first step in verifying a transaction is immediate, as the transaction is authorized to enter the payment system, and the card user’s account is checked to ensure that there are sufficient funds to purchase. However, after that, it goes through approval by various banks, credit card companies and related intermediaries until the settlement and payment stage are reached. puts a great burden on Among them, online payment settlement takes from 7 days to a maximum of 90 days. In this case, until payment is received, external capital is raised to cover the cost of raw materials for goods/goods, and additional financial costs are incurred.
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
