How payments work on the Bantu Network | Bantupay Transaction Time

[olutaiwo]

BantuFact

Did you know…
Bantu blockchain infrastructure Process over 100,000 payment transactions per second for less than $0.1
A confirmation window will appear to indicate transaction success. The transactions processes are actually atomic, meaning everything happens instantaneously. If any part of the above process fails, then the entire transaction fails. Nothing gets credited or debited.
According to a Deloitte report, blockchain helps organizations and individuals complete transactions in less than 5 seconds and save up to 40%-60% on transaction costs!

How payments work on the Bantu Network

How payments work on the Bantu Network International and cross-border payments, especially in African markets, require companies and financial institutions to hold pre-funded accounts in foreign currencies or other collateral. This creates friction and can be costly while tying up resources due to regulatory and current legacy systems. The Bantu Network provides a more innovative solution. While any company or financial institution on the network enjoys reliable, instant and lower-cost transact…