Micropayments are small transactions usually up to 💲10 with minimal or no fees.Sometimes it happens that the fees for these types of transactions exceed the amount received by the final user.
🔻It is known that in June 2020 a user made a transfer of 0.5 ETH and paid a commission for this in the amount of more than 10,000 ETH, which is 20 thousand times more than the transfer amount😱
💣Further, there was information about another transaction, where the transfer amount was 350 ETH, and the transaction fee was 10 668 ETH.
Sometimes it happens…
To avoid this kind of misunderstanding, we recommend using ✅ Z-Pay wallet for storing cryptocurrencies, as well as for micropayments.
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For example, a company or project hires employees to perform some kind of piece-rate service.
📝The employer and the employee create accounts on z-pay.io, and as the conditions or scope of work are fulfilled, the company transfers the agreed amount in cryptocurrency to the employee without a commission within Z-Pay.
Z-Pay service is great for freelancing services 🔖 for both short and long term. Convenient, practical, and confidential.
💎Everything is provided in such a way that the amount can be transferred with an accuracy of 1 satoshi, of course, provided that the addressee also has an account in z-pay.io
And if you want to withdraw funds to third-party sites or wallets, then minimal commissions will be charged.
