ArbStore

is a new
escrow based payment solution

For marketplaces, classified advertisement platforms, gaming communities and other e-commerce platforms with P2P trade patterns.

It is aimed to promote and support cross-border trade. Arbiters are an important part of the ecosystem. They protect the parties from fraud. In case of a dispute, the arbiter reviews the contract, collects the evidence, decides the outcome, announces the ruling, and releases the funds.

The solution works with crypto currencies including stable coins, and potentially CBDC in the future. Escrow services are facilitated by smart contracts built on a decentralized DLT. Obyte was selected as a platform for a number of important reasons. It is decentralized and censorship resistant, with mature infrastructure, highly scalable, with low and predictable transaction fees, and has almost zero carbon footprint. Those are all critical components for running a business.

Market data

Customers who currently use crypto for payments

10%

Customers concerned about high transaction fees and lack of standardization in cross-border payments

35%

Will use crypto currency payment methods in the next 1-2 years

45%

Source: World Payments Report 2021.

With this data in mind, we see that marketplaces should start adopting the emerging payment method in order to keep their clients happy.

What are the benefits for marketplaces?

Adding value for users by eliminating the risk of fraud

Lack of fraud improves your customer experience

Expanding your business geography

Low and transparent fees help increase volumes

Improving operating margins by reducing the cost of security management

Acquiring a new segment of users who prefer crypto to credit cards

ArbStore is a foward-looking approach to the P2P escrow payment segment. It is cost efficient, secure, and truly global.

To discuss partnership opportunities, please contact us at partners@arbstore.org.