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What is Requitix?

Designed to solve serious issues in the e-commerce world.
See how we used online dating in our proof of concept video below.

 

About Requitix

Welcome to Requitix. A better e-commerce solution using the new Requitix (RQX) token built on the Ethereum Blockchain, utilizing the security of Smart Contracts.

The Smart Contract controls four critical components including: Qualified Reviews, Scammer/Spammer Protection, Zero Chargebacks and a Transaction fee of 0.5%. That’s half a percent!

The Requitix team has banking, finance, web merchant, point-of-sale, e-commerce and strong service sector skills. Combined with our success in the online dating space for more than 17 years, this has served as a solid launch platform for the RQX proof-of-concept which also has demonstrated confidence in the next phase of our global payment solution.

 

Mission

Requitix has taken on the mission to deliver a superior payment processing solution that minimizes fraudulent actions by both the consumer and the merchant, by use of proven Ethereum blockchain technology combined with analytics to stop scammers, spammers and chargebacks for e-commerce site owners, while lowering the transaction fees from on average of 3 to 9% down to just 0ne-half of a percent.
That’s zero-point-5 percent! – (0.5%) – That’s unheard of.

Our mission objectives are:

• Leverage the power of Ethereum to create a Token of Trust that delivers a better payment method for both the consumer and the merchant.
• Deliver a significantly faster and far less costly payment processing model.
• Give merchants access to the $10 trillion-dollar global ecommerce marketplace.
• Vastly expand the availability and access to the multibillion-dollar Ethereum world that is the future of ecommerce and global retail payments.
• Give the consumer and the merchant a decentralized payment solution with the protections of trusted reviews, zero chargebacks, scammer and spammer protection along with the lowest transaction fees ever.
• Improve system availability and consumer data protections by eliminating the reliance on out dated, single retailer-centric and owned data stores.
• Earn, cherish and protect the trust and confidence of every Requitix user and give something back at every level of our existence – today and tomorrow.

 

Bounties

Social Media

 

Blogging

 

BitcoinTalk

 

Translations

 

 

 

What Does Requitix Mean?

The term “Requit” is defined by “Giving something in return” hence why we chose the Requitix name because we’re all about giving back and when it comes to being an online payment solution we believe in giving back something to our customers and that comes in the form of Lower Fees and Higher Profits and we think that’s awesome!

How Does It All Work?

Requitix is a global ecommerce payment gateway solution for any type of website. Whether it’s a dating site, WordPress site using Woocommerce, Joomla, Drupal or any other CMS system, Requitix can be used to take payments via web or mobile apps. Combine scammer/spammer protection and trusted reviews and you have a complete ecommerce solution that will help resolve headaches for ecommerce site owners.

How Fast Are Transactions?

The Requitix solution processes transactions on the Ethereum blockchain. What used to take days now only takes a few minutes and with the new hardfork coming on Ethereum, those few minutes will turn into a few seconds. Try getting a transaction settled with a credit card company or a bank in a few seconds. It’s impossible! But with Requitix, you can do just that!

Are There Transaction Fees?

As with any payment gateway solution there will be transaction fees. What is crazy is that sites like PayPal and Stripe charge 3% of the total transaction. Other gateways like ccBill charge even more plus monthly usage fees and other fees. Not to mention $25 dollar or more in chargeback fee. It’s nothing but fees! With Requitix, one fee of .5%, that’s point five percent, with no other fees, period!