The term “Requit" is defined by “Giving something in return" hence why we chose the Requitix name because we’re all about giving back and when it comes to being an online payment solution we believe in giving back something to our customers and that comes in the form of Lower Fees and Higher Profits and we think that’s awesome!
The Requitix solution processes transactions on the Ethereum blockchain. What used to take days now only takes a few minutes and with the new hardfork coming on Ethereum, those few minutes will turn into a few seconds. Try getting a transaction settled with a credit card company or a bank in a few seconds. It’s impossible! But with Requitix, you can do just that!
As with any payment gateway solution there will be transaction fees. What is crazy is that sites like PayPal and Stripe charge 3% of the total transaction. Other gateways like ccBill charge even more plus monthly usage fees and other fees. Not to mention $25 dollar or more in chargeback fee. It’s nothing but fees! With Requitix, one fee of .5%, that’s point five percent, with no other fees, period!