![]() The loss of sales because of PayPal having technical issues.Possibly currency exchange fees back to the company bank account.Possibly an exchange or transaction fee. ![]() Having a credit card or equivalent issued.If you can’t access PayPal, you can’t use your money. It’s not possible to use your PayPal money on a website which doesn’t know about PayPal. They are also the owners of your account, they may decide to lock you out or cancel transactions or anything else that they find plausible. PayPal decides who’s allowed to send and receive money, how much of it and to whom as well as how much of the sales they will keep for themselves. The simplified flow of money would be: your bank -> PayPal -> merchant bank. Traditionally when paying online, it requires a middleman. You may send or receive the ownership of assets with other users wallets through the distributed network, thus removing the middleman. The network allows you to hold the ownership of an asset digitally in your Stellar wallet. We chose Stellar because it’s easy to integrate with, supports multiple types of assets and are very fast without noticeable fees.Īn asset can represent anything such as US Dollar, Bitcoin, Pizzas or the native currency called Stellar Lumens. You might not have heard about Stellar, that’s probably because the project was only launched in 2015 and have not become mainstream news in the way Bitcoin has. To just get started, you may skip the details. We support payment for Blokada Plus with cryptocurrencies by using the open Stellar network.
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