Pain Points in Current Payment Systems High Costs and Fund Access Issues High fees, setup costs, and chargeback costs due to multiple intermediaries in card payments. Delayed access to funds for merchants due to fund clearance processes. Need for expensive infrastructure to accept payments. Security Risks Offline card payments require sensitive data sharing (e.g., over the phone, technician visits). Online card payments face risks of data breaches (e.g., British Airways fined £183 million for GDPR violations).Risk of fraud when sharing bank account details for payments. Low transaction limits due to security concerns, exacerbated during the pandemic with touchless payment preferences. Neglected Customer Rewards and Loyalty Limited rewards for customers, usually tied to credit card use. High costs and complexity for merchants to develop digital loyalty programs. Loyalty programs often separate from payment systems, requiringmultiple cards or apps.Acceptance variability (e.g., AMEX not widely accepted) partiallyaddressed by digital wallets (Apple Pay, Google Pay, Curve), butcard fraud risks remain.