Smart Contract
Self executing code on a blockchain
Smart contracts introduce programmable functionality but increase complexity. For simple payment acceptance, they are often unnecessary. Added complexity must justify commercial benefit.
Self executing code on a blockchain
Smart contracts introduce programmable functionality but increase complexity. For simple payment acceptance, they are often unnecessary. Added complexity must justify commercial benefit.
Fiat funds held before payout
Difference between explicit fee and embedded spread
Interface connecting checkout to processor
Rules for mismatched payment amounts
Transfer of funds to merchant account
Portion of funds held back for risk coverage