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Payment transactions for any retail experience are doomed to fail if the wallets don't connect to the POS systems. QR code scanning of the customer wallet takes too long. It takes forever for the transactions to confirm. Customers abandon their cart.
Payment speed matters- On Solana, for example, transactions are confirmed in about 400 milliseconds. BNB Chain’s fast finality feature confirms in approximately four seconds. For retail checkout, both of those speeds fit well. Choose the right blockchain, so your customers enjoy speedy payments that complete before even scanning.
Next, offline transactions will save sales- No one wants to lose a sale, but mobile payment systems queue up transactions when their connection drops. Square and other hosted POS providers, for example, can store up to 1,000 transactions offline for 24 hours. Your cryptocurrency wallet must do the same. Once a connection is established, the system should sync up quickly.
Multi-chain routing to handle the complexity - A customer may hold USDC on Ethereum, USDT on Tron, and other stablecoin alternatives on BNB Chain. The customer shouldn’t have to choose which blockchain to use for their transaction. The wallet’s backend automatically routes the payment across the chains. All the customer sees is a QR code to scan and a receipt that says “payment complete.”
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