in payment industry need faster transactions. what you doing to solve this issues? also any performance data available?
With normal international payment now, Sellers need at least 3 workdays calculated from the moment the buyer receives the goods to receive money. With Modultrade platform, Seller will receive their immediately if there are no errors in the shipper.
Thats true, the blockchain is fast.
Seller will have his funds within minutes, much faster then the traditional payments nowadays.
The seller and so will have a payment from the buyer instantly, without any crypto currency. Through the bank, even faster than the blocks of ETH are confirmed. In the case of payments through the bank, the buyer can appeal the payment and return the money. But in case of payment by crypto currency, you can not return anything and you can stay without money and without goods. On the other hand, there are cases of fraud of buyers who waited for 3 days of sending the goods, and canceled the payment. And then, if the seller did not have time to withdraw money, he remained without goods and without money. It flourished on one marketplace with all sorts of old junk. Especially women were fond of it. They there at a forum directly discussed how to do it, exchanged experience. They ran to the bank, they wrote a statement, shed tears and paid back, but this is only if the seller is careless.