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 per my knowledge, I would like to share few words about GOeureka payment method,GOeureka aims to provide multiple payment methods that appeal to both traditional and crypto consumers. Consumers will have the option to transact using fiat currency, major cryptocurrencies, GO credits or loyalty points. Prices of goods and services will be displayed in fiat and the cryptocurrency of users choice.
And not only that, For the traditional checkout process where payment is made in fiat, GOeureka are going to implement a third-party payment gateway. This method sees payment being processed through a payment gateway like PayPal, that sends transaction details to a payment processing network . Once processed, the processing network sends approved data to the credit card issuer to proceed with the funds transfer. I think that's all about the payment strategy of GOeureka.