Payment transactions on Flit Network can be confirmed in sub-seconds due to faster block generation times while incurring significantly lower fees. Make payments smoother and friction-free for users on your DApps.
Flit token payment gateway will be something revolutionary by not only providing the benefits of a typical payment gateway system but also by providing users with the flexibility that many often seeks. Flit token is set out to be the first exchange powered payment gateway system.
Surprisingly it will boast few features which were not present or offered by any other payment gateway systems till now! Flit token will be build upon a private blockchain and it surely will be something that can certainly raise the bar up high in this space by allowing the clients/merchant’s wallet-wallet TX will be free of any kinds of Gas cost.
Creating a different kind of opportunity for the end users to enjoy and take the full leverage of the newly introduced system
By introducing a different version of something that most of the people are used to now, Flit token is going to take a more appealing approach with the offering of something unique by allowing the merchant to settle a deal without any additional fees or gas cost. In this day and age where any kind of transactions or deals consists various kinds of Fees/Changes/Gas cost in sort of an installment manner,Flit Token with its private blockchain is promising something unique and revolutionary to its users.
Technical details of “Flit token (Flit Payment Gateway). This operating diagram will provide an idea about how “Flit token will be operated and used.
Customers submit their orders to a supported on-line store
Store verifies their order and gets a response from the private blockchain payment gateway system. it’s a go or it’s a no!
Confirm the payment from their end which will be a secure payment method provided by private blockchain payment gateway
The command/confirmation will then go through the main highly sophisticated and advanced payment process
After the sophisticated payment processor evaluates everything it will send the confirmation to the Exchange (FlitExchange) and the merchant will get paid in the real time value on that given day and time