Now that we have seen how instant settlement can affect the construction industry let’s see the next industry that can have a huge impact – logistics.
To begin, let’s examine the logistics industry through the lens of an online order example. What unfolds when we select a product on a website that requires delivery to our door? Who are the entities involved in this process, and what does the payment process entail?
So I pick something from the website and order it. I pay for it and wait for the product to be delivered to my door and hope that what will arrive at my door is what I expect.Because I am paying upfront, I am taking the risk in this case. I may choose to pay on delivery but the risk for all involved does not disappear, it is just shifted to who is taking that risk now, the seller. But more on that a bit later.
When using a card for payment, a 1.5%-3% transaction fee is typically charged by the bank issuing the card. After payment, the retailer or seller is notified to send
We współpracy z: https://bitcoinmagazine.com/technical/instant-settlement-the-logistics-industry
