EB Payment Model
Last updated
Last updated
The EB platform applies a P2P payment protocol model that directly connects payment users and merchants. By implementing services through blockchain-based smart contracts and cryptocurrency circulation structures, it aims at many decentralized payment systems such as simplifying settlement cycles, minimizing service usage fees, and fast payment speeds.
The EB Payment System supports various functions such as QR code, barcode, gift certificate, and point switching so that users can easily pay. Merchants can apply the API and SDK provided by the EB Foundation to their businesses faster than the current Payment Gateway (PG) system for online payment linkage. In addition, content provided by the platform can be paid with the payment system.
The biggest advantage of the EB Payment system is that it supports multiple cryptocurrency payments. Until now, due to the volatility of cryptocurrency, its use is closer to investing in exchanges than payments. To address these barriers to entry, we will boldly use coins such as Bitcoin and Ethereum in real life.