The customer authorizes
The customer checks the amount in their wallet and authorizes the payment to the Waynance smart contract.
HOME / SMART CONTRACTSMART CONTRACT FEEA clear fee.
A clear fee.
Within the payment itself.
A smart contract splits each payment: the merchant receives their amount and Waynance its fee, without Waynance ever holding the funds.
WAYNANCE•••◇
WEB3 INFRASTRUCTURESMART CONTRACT FEEDesigned for your business● WAYNANCE · CONCEPT VIEW
HOW THE SPLIT WORKSOne payment.
One payment.
Two destinations.
The split is built into the same blockchain transaction.
The contract distributes
The smart contract applies the split rules configured for the payment.
Merchant and Waynance
The corresponding amount reaches the merchant's wallet and the fee goes to Waynance.
✳ The fee percentage or amount, the supported networks and the public contract address will be set out in the terms of service before you sign up.
IN DETAILTransparent
Transparent
by design.
What you should know before using smart contract-based payments.
No custody by Waynance
Waynance does not hold customer or merchant funds: the split is executed by the contract.
Verifiable on-chain
Every transaction is recorded on the relevant blockchain and can be looked up with a block explorer.
Technical risks
Smart contracts and networks may experience failures, congestion or variable network fees. Confirmed transactions usually cannot be reversed.
✳ The use of smart contracts, self-custody or decentralization does not, in itself, exempt anyone from legal obligations. See Verification and compliance.
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