YowPay - Bank-to-bank instant wire-payment solution using QR code
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#YourOwnWave 🤝 Peer-to-Peer Payment Solution using Instant Banking Technology. Supports Revolut, N26, Wise, Qonto & 1000+ banks. They aim for retail & e-com to reduce High Transactions fees, Boost Sales & Improve Security.
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A solution for high ticket purchases given the nature of fixed fees of 0.09 cents per transactions. To put this into numbers:
In my case, a crowdfunding campaign is launched to raise €50,000 for a new product, and the average contribution is €500...
If YowPay's payment solution of 0.09¢ per transaction was used to process the payments, it would only cost €9 to process all the transactions.
If a credit card processing company with a rate of 2.6% + 0.10¢ was used to process the payments, it would cost €1,010 to process all the transactions.
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