Transaction recorded directly on a blockchain
On-chain transactions are subject to confirmation variability and congestion. Settlement times may fluctuate unpredictably. Customer communication should account for this uncertainty.
Complete record of transaction and account events
Where and how long transaction data is stored
A refund policy sets the rules for how a business handles returns and repayments, including who covers any difference in value when exchange rates have moved.
Controls for holding converting and managing balances
Reversal of card payments through banking system
Cryptographic key that controls access to digital assets