- Apr 9, 2014
As I recall, the system will migrate over to the merchant paying the whole transaction cost, with some exceptions. Everybody benefits, the merchants pay less than what they pay Visa or Mastercard. The transaction gets locked instantly. The customers get (largely) free transactions, and instantsend will become far more common out in the real world.From what I understand, it will be possible for merchants to request - and pay for - instant transactions. Is that correct?