The project is to enable users to pay for goods and services using NBDC.
Objective:
Party A visits a merchant website and pays £40 for products/services purchased on the site using their nation-state-backed digital currency (NBDC) account held at payment interface provider (PIP) 1.
The consent of Party A must be secured before payment.
The funds are transferred to the merchant’s commercial bank account.
The project is to enable users to pay for goods and services using NBDC.
Objective: