I read your whitepaper and want to understand how the reviews on Requitix are different/better than reviews on other sites?
First off, love that username. This is a very important topic. As many ecommerce site owners will tell you, unscrupulous competitors have been known to create fake reviews attempting to smear or destroy their online reputation. This is a tactic done by some very large organizations as well, and happens to just about any ecommerce site out there.
Site owners are people too And discovering false, misleading or negative information about them feels unjust and can cause a horrible feeling inside. When any anonymous person out there can purposefully destroy someone's online business, it becomes a chilling fact of Internet business that must be addressed, and with the Requitix Confidence System, we help alleviate and solve those worries. How? By having a system that only allows your true customers to post reviews.
The system works like this; When a customer pays with Requitix, they will have 30 days to create a review about the product or service. This review is only allowed when a transaction is created on the blockchain. The customer can post one review per their transaction. Once the review is posted, the transaction is available on our review site. Site owners can send potential customers to the review site to confirm real reviews from real customers. Merchants can now have confidence in a genuine review system that also benefits consumers by allowing them to make informed buying decision, based on legitimate reviews.
Offering a better price to those customers would be a wise business decision, then. They will be able to publish a review which others will trust and there will be zero charge backs.
Some banks charge outrageous amounts per chargeback. I've even seen $50. This on top of losing the sale money and the client...
How is the 0.5% paid? Does the client need to send more money or is it taken from the merchant's payout?