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