Complexities:
The complexity of the existing multi-tiered payment network system

Current Payment Processes

Challenges
- High merchant transaction fees (up to 3.4)
- Limitation of Data analysis due to payment data gap caused by PG intervention.
- Varied data standards across platforms make Big Data Analysis difficult
- Challenges in developing integrated financial services system

veta Solutions
DLT-based payment with KRDC:
Streamlining payment processes
Simple Payment Processes
NearZero Merchant Fees
Adapting to Changes in Financial Technology
Streamlining payment processes
Simple Payment Processes
NearZero Merchant Fees
Adapting to Changes in Financial Technology

Integration of Existing Payment Service Providers into the veta system
