Addendum
It's been a joy working on this payment gateway... that's coming from someone who's
priorly implemented Robokassa, Authorize.net, and Stripe payment gateways (grudgingly).
Reflecting on my experience, many benefits come to mind:
For customers
- TITAN allows for very friendly interfaces
- Pegged assets like BitUSD are as intuitive as it gets
- DPOS makes transactions fast and painless
- Practically no need for QR codes
- Logins (not yet implemented) simplify repeat orders
For developers
- Interfacing with BTS client is easy
- No need for cumbersome currency conversions if pricing in fiat
- Writing a BTS payment gateway from scratch
was easier than implementing the Authorize.net API
- No crazy chargeback/verification logic
For merchants
- No chargebacks
- Minimal collection of customer data
- No 3rd party involved
- Stable currency
- Transfers are atomic and practically instant
- Transaction fees for a $20 purchase are less than 0.1%
where 2-5% fees are the industry standard
For a $200 purchase, the fee is less than 0.01%
Needless to say, we're excited to explore the opportunities with this outlet!