RE: Understanding Satoshipay15 Dec 2020 10:06
Transacting small amounts can get expensive using traditional payment methods such as credit cards or PayPal. It’s unfeasible to sell something for 50 cents or less if the transaction fee is 20 to 30 cents. By using Stellar as a payment rail, SatoshiPay whittled down those transaction fees to far less than a cent — less than a ten-thousandth of a cent — per transaction.
Having recognized the power of Stellar, SatoshiPay has expanded their product offerings beyond micropayments to demonstrate multiple use cases: Dtransfer, a global and local B2B payments platform, and SolarWallet, a simple and secure wallet that that offers secure multi-sig accounts, asset management, and more.