Your correct on some part. BTW, I am just a supporter hoping to publish their ICO here on BTT since there's no official ANN post for them. They will act just like paypal or stripe, but in cryptocurrency.
I looked at the site. So this thread isn't about feedback and suggestions but an ANN thread in disguise?
The project's goal will be phenomenal if it can reach the mainstream.
Although this isn't the first, as long as they can stick to their roadmap and with the right advertising, success will follow.
#3, for me, online payments must be done
offchain (via services like coins or exchanges) to avoid delays especially at high network load.
This can make zero transaction fees too because there will be no coins going out and in their system, or they're just doing this in the background but only claiming that we need fees.
Otherwise, cryptocurrencies alone can be used without these type of services as long as the online stores are accepting them.
So what's the point of being the broker if it just process the payments on-chain?
This not the Official Ann thread
(although, I hope so).
The problem with eCommerce right now is they are Hesitant to accept cryptocurrency, or they are just too busy to make changes on their website. That's were this 3rd party application comes in. Well, although its too early to tell if Paybear would be successful or not. But, this kind of visions helps cryptocurrency be accepted by more people. What do you think? I know there are already products like this one, but I think paybear is offering at much cheaper cost.