1"use strict";(globalThis.webpackChunkmy_website||=[]).push([[2867],{16363(e,n,s){s.r(n),s.d(n,{assets:()=>l,contentTitle:()=>o,default:()=>h,frontMatter:()=>i,metadata:()=>t,toc:()=>c});const t=JSON.parse('{"id":"use-cases/payments","title":"Payments","description":"Fast, low-cost cross-border transfers using Cardano blockchain technology","source":"@site/docs/use-cases/payments.md","sourceDirName":"use-cases","slug":"/use-cases/payments","permalink":"/docs/use-cases/payments","draft":false,"unlisted":false,"editUrl":"https://github.com/cardano-foundation/cardano-org/edit/staging/docs/use-cases/payments.md","tags":[],"version":"current","sidebarPosition":7,"frontMatter":{"title":"Payments","description":"Fast, low-cost cross-border transfers using Cardano blockchain technology","sidebar_label":"Payments","sidebar_position":7},"sidebar":"useCasesSidebar","previous":{"title":"DeFi","permalink":"/docs/use-cases/defi"},"next":{"title":"Agriculture","permalink":"/docs/use-cases/agriculture"}}');var a=s(74848),r=s(28453);const i={title:"Payments",description:"Fast, low-cost cross-border transfers using Cardano blockchain technology",sidebar_label:"Payments",sidebar_position:7},o="Payments",l={},c=[{value:"The Challenge",id:"the-challenge",level:2},{value:"How Blockchain Solves This",id:"how-blockchain-solves-this",level:2},{value:"Why Cardano",id:"why-cardano",level:2},{value:"Get Started",id:"get-started",level:2}];function d(e){const n={a:"a",h1:"h1",h2:"h2",header:"header",li:"li",p:"p",strong:"strong",ul:"ul",...(0,r.R)(),...e.components};return(0,a.jsxs)(a.Fragment,{children:[(0,a.jsx)(n.header,{children:(0,a.jsx)(n.h1,{id:"payments",children:"Payments"})}),"\n",(0,a.jsx)(n.h2,{id:"the-challenge",children:"The Challenge"}),"\n",(0,a.jsx)(n.p,{children:"Cross-border payments remain slow, expensive, and opaque. Traditional remittance services charge fees averaging 6-7% globally, with some corridors exceeding 10%. Transactions can take days to settle, and recipients often have limited options for accessing funds."}),"\n",(0,a.jsx)(n.p,{children:"For the millions of migrant workers sending money home to support their families, these fees represent a significant burden. 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