WEB3 PAYMENTS
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Experience the future of payments with full control, enhanced security, and instant settlements
Traditional vs Web3 Payments
Understanding the key differences between traditional payment systems and Web3 payment solutions
Traditional Payments
In traditional payments, like credit cards or bank transfers, your information is used by the merchant to pull money from your account. This means that the merchant (or payment processor) initiates the transaction and charges your account.
Web3 Payments
Web3 payments work as push payments, where the payer has full control over the payment process. To pay, the payer reviews the transaction details and signs it with their digital wallet. Once the transaction is signed, it's broadcast to the blockchain for validation. This process is peer-to-peer, meaning it doesn't rely on intermediaries.
Crypto Payments: Web3 vs "Send to Address"
By contrast, Web3 payments allow the payer to sign a transaction with predetermined parameters, such as the exact amount and recipient's address, which ensures a high completion rate. Additionally, this approach allows leveraging public decentralized infrastructure to convert the cryptocurrency to stablecoins at the current market rate, so the merchant always receives the exact stablecoin amount expected.
This direct transaction to the merchant's wallet saves time and reduces gas fees, eliminating the extra transfers and common issues seen with "send payment" systems.
Why Choose Paydefi?
Enhanced Security
Full control over payments with cryptographic security and no chargebacks.
Instant Settlement
Receive payments instantly with automatic conversion to stablecoins.
Low Fees
Only 0.5% transaction fee with no hidden costs or monthly charges.