The payment processing on CONDA Capital Market is carried out through a process that integrates the latest technologies in the financial industry. This process is primarily based on the use of wallets according to the latest Open Banking standards and electronic securities.
As part of the investment process, a digital wallet is initially created for each investor with the payment service provider Lemonway. This digital wallet is held within a European bank account. The investment amount is deposited into this wallet, either via credit card or bank transfer.
Subsequently, the investment is made by transferring funds from the investor's wallet to the issuer's wallet address. Upon receipt of the payment, the issuer issues corresponding electronic securities representing the investment, which are then sent to the investor's wallet. These electronic securities are securely stored in the investor's wallet.
Investors have the option to manage their securities through the wallet, enabling buying, selling, or transferring. Any repayments, interest, or dividends from the investment can be directly paid out in the form of digital currencies or tokens to the investors' wallets. The use of blockchain technology ensures high transparency and security, as all transactions are traceable and immutable in the blockchain.
In summary, payment processing through wallets and digital securities on CONDA Capital Market enables fast, secure, and transparent processing of investments in the world of crowdfunding.