As we all know about payment methods, we all face a common issue with traditional payments include prohibitively high fees the lack of transparency by service providers , the need for multiple transacting parties and charge backs.To tackle these issues what could a better option GOeureka provide?
Yes we all have to face various issues while doing payment like the lack of transparency,need for multiple transacting parties and all. So as per their whitepaper i would like to say that GOeureka will implement a crypto payment gateway, depending on available proven technologies available at the time of implementation. GOeureka looks to adopt successful crypto payment gateway providers like CoinPayments or Shapeshift. that provides necessary merchant tools for the GOeureka platform. Recently, multiple providers have launched crypto wallet-as-a-service platforms. At the initial stage, GOeureka will implement these services to save on time and development costs.
As much as i know about crypto payment gateways, Adopting crypto payment gateways eliminates the common issues faced by use of traditional payments. However, there are serious considerations that need to be thought through: Processing fees charged by crypto payment service providers,Transaction fees that inflate due to blockchain congestion, Speed of transactions for on-chain settlement and Customizability of payment interface and protocols Eventually, GOeureka will implement its own custom payment protocol to eliminate the processing middleman entirely and for greater control over crypto payments.