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Ask HN: Technical Challenge: How would you split a payment right at the counter
So, the usual arrangement in commission payments is you wait for 30 days for the big-corporation to send you payment. But i'm working on an idea that relies on the fact that a payment is split right at the counter, at the instant a consumer pays for a pizza, air ticket, subscription, etc. Without crypto, How would you achieve this?
- quaquaqua1 7y agoIsnt the reason for the wait is to wait for payment settlement? Most businesses are settling transactions 1 to 2 months later
- asemakula 7y agoPlease help me more on payment settlement, what does it mean and involve. Thanx
- asemakula 7y agoDepending on what happens during settlement, I think the hack then would be that when I pay for a pizza x% goes to account A ,and (100-x)% goes to account B. Then settlements can happen for separately.