®️Request Network

InvoX integrates Request Network to streamline the payment and invoicing process. Below are the key challenges faced during the implementation:

• Payment Widget Implementation 💳:

  • Customer Payments: Implemented Request Network's payment widget to allow customers to make payments directly using ETH and stablecoins.

  • Secure Transactions: Ensured that payments are secure and private by interacting with the Ethereum blockchain, eliminating the need for centralized intermediaries.

  • Immutable Audit Trail: Transactions are recorded on the blockchain, providing a transparent, immutable audit trail for both businesses and customers.

• Decentralized Invoicing 📑:

  • Tamper-Proof Invoices: Upon successful payment, a decentralized invoice is automatically generated, providing a tamper-proof record of the transaction.

  • IPFS Storage: Invoices are securely stored on IPFS, ensuring they are permanent and accessible at any time.

  • Easy Access for Both Parties: Ensured businesses and customers can easily access their payment history, guaranteeing data integrity.

• Request Scan for Business Insights 📊:

  • Real-Time Analytics: Businesses can use Request Scan to gain real-time insights into transactions.

  • Revenue Tracking: Businesses can track total revenue, including monthly totals and revenue over time.

  • Customer Distribution: Provide insights into customer distribution across various subscription plans.

  • Revenue Trends: Businesses can monitor trends in revenue, enabling them to optimize their offerings.

• Enhanced Transparency and Security 🔐:

  • By leveraging Request Network, InvoX ensures secure, transparent transactions for both businesses and customers, eliminating intermediaries.

  • The integration provides a decentralized, user-friendly experience, ensuring businesses can make informed decisions based on comprehensive analytics.

Incorporating Request Network into InvoX adds a layer of trust, security, and transparency that significantly enhances the platform’s capabilities, benefiting both businesses and customers.