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.
Requirement to share sender and recipient data for certain transfers
Currency received after processing
Tool used to store and manage digital assets custodial or non custodial
Reliance on intermediary banks for transfers
Automatic conversion of digital assets into fiat
Requirement to share sender and recipient data for certain transfers