- Stable Revenue Growth through Stablecoin Integration - Secure and stable digital payments with low volatility.
- Secure and Scalable Stablecoin Services - Protect your business with stable digital currencies that are easy to integrate and use.
- Whitelabel Solutions for Personalized Payment Systems - Use our technology to create and operate your own payment services.
Security
Centi contractually guarantees a secure exchange of the accepted digital cash into money in the bank account. If the green tick mark appears from the merchant integration or you receive the receipt email, you can be confident that you will automatically receive the funds from Centi in exchange for the digital cash collected.
Moreover, you are entirely protected against chargebacks. A Centi payment, much like a cash payment, is final. This means there is no possibility for a consumer to block these funds or cause difficulties with payment later on. You can provide a refund, but the consumer will have to reach out to you for it. It’s worth noting that 86% of all filed chargebacks are attempts at chargeback fraud (https://chargebacks911.com/86-of-chargebacks-are-friendly-fraud/), something all too familiar for online sellers.
Centi helps combat fraud by ensuring clarity for the consumer during payment, specifying the amount and recipient. Many instances of card fraud involve victims being misled into “verifying” their account using a card or believing they will receive money upon sharing card details. With Centi, receiving and sending processes are distinct and unmistakable.
Centi also upholds a serious commitment to data privacy. For more information, please refer to the privacy policy at centi.ch/privacy .
Moreover, you are entirely protected against chargebacks. A Centi payment, much like a cash payment, is final. This means there is no possibility for a consumer to block these funds or cause difficulties with payment later on. You can provide a refund, but the consumer will have to reach out to you for it. It’s worth noting that 86% of all filed chargebacks are attempts at chargeback fraud (https://chargebacks911.com/86-of-chargebacks-are-friendly-fraud/), something all too familiar for online sellers.
Centi helps combat fraud by ensuring clarity for the consumer during payment, specifying the amount and recipient. Many instances of card fraud involve victims being misled into “verifying” their account using a card or believing they will receive money upon sharing card details. With Centi, receiving and sending processes are distinct and unmistakable.
Centi also upholds a serious commitment to data privacy. For more information, please refer to the privacy policy at centi.ch/privacy .
Moreover, you are entirely protected against chargebacks. A Centi payment, much like a cash payment, is final. This means there is no possibility for a consumer to block these funds or cause difficulties with payment later on. You can provide a refund, but the consumer will have to reach out to you for it. It’s worth noting that 86% of all filed chargebacks are attempts at chargeback fraud (https://chargebacks911.com/86-of-chargebacks-are-friendly-fraud/), something all too familiar for online sellers.
Centi helps combat fraud by ensuring clarity for the consumer during payment, specifying the amount and recipient. Many instances of card fraud involve victims being misled into “verifying” their account using a card or believing they will receive money upon sharing card details. With Centi, receiving and sending processes are distinct and unmistakable.
Centi payments are executed very securely given it is run on blockchain technology. Therefore there are advantages to traditional payment methods.
The risk of a 51% attack is managed by Centi. Centi guarantees the exchange amount after collection. It’s important to note that orchestrating a bigger than 51% attack is too expensive relative to what can be gained from an average consumer payment.
Centi payments and the Centi Franc operate on a blockchain where miners strictly enforce the “first seen rule”. This means that once the miners confirm to Centi that they will mine a transaction, as there is no competing transaction detected, it will be mined. The transaction is prepared peer-to-peer, allowing the merchant to verify the transaction before it is broadcasted to the network. Furthermore, it is broadcasted from the merchant side, which makes timing a double spend almost impossible for an attacker. If a competing transaction is broadcasted too early, we decline the payment. If it is broadcasted too late, miners enforce the first seen rule.