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Current Payment Processes

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

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
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veta Solutions

DLT-based payment with KRDC:
Streamlining payment processes

Simple Payment Processes
NearZero Merchant Fees
Adapting to Changes in Financial Technology
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Integration of Existing Payment Service Providers into the veta system

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