The Issue

Alarmingly, digital payments are controlled by only a handful of companies who are able to charge high fees. Fees range from 1-5%, with larger businesses often receiving a bigger discount than small businesses. For small businesses with profit margins of 20-30%, the additional 1-5% in fees equate to taking away 5-25% of their profits, which could have been reinvested to improve the business or to increase salaries.

The Solution

The Ethereum blockchain is an alternative money transfer system that can be blazingly fast with transaction fees of < $0.01. Transactions are validated by 10,000 independent entities to garauntee security. When you use blockchain to pay businesses, remember that you are helping businesses save 1-5%. When you use Flash Payment's interface to send USDC to businesses, Flash takes zero fees (this can be verified on-chain).