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.
Processor reports and ERP integrations
Customer pays less or more than invoiced amount
Risk of transaction being reversed before confirmation
Portion of funds held back for risk coverage
How payments and conversions are directed internally
Transfer of funds to merchant account