Real-Time Payment Streaming
Papaya's real-time payment streaming revolutionizes the way subscriptions are managed and processed. Here's how it works and why it benefits both businesses and customers:
How Real-Time Streaming Works
Payments are streamed in real-time directly from the subscriber’s wallet to the business.
Instead of traditional fixed billing cycles (e.g., monthly), funds flow continuously.
The payment stream stops automatically when the subscription is canceled or the balance is depleted.
Benefits for Businesses
Continuous Cash Flow:
Businesses no longer wait for end-of-cycle payments.
Receive funds in a steady, uninterrupted manner.
Improved Financial Management:
Predictable revenue streams allow for better forecasting and planning.
Real-time tracking ensures visibility over all transactions.
Reduced Overhead:
Consolidated transactions minimize the administrative burden of traditional billing.
Benefits for Customers
Full Control:
Customers can pause, resume, or cancel subscriptions at any time.
Only pay for what they use in real-time.
Transparency:
Easy-to-track payment streams provide clarity on how funds are spent.
Cost Savings:
Avoid paying for unused subscription time.
Technical Details
Papaya leverages blockchain technology to enable real-time streaming.
Supported on multiple chains for scalability and compatibility.
Transactions are secured and verified through non-custodial smart contracts.
Real-time payment streaming offers a flexible and efficient alternative to traditional subscription models, aligning payment flows with real-world usage.
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