The On Demand feature facilitates customizable recurring transactions. Buyers and sellers can establish a recurring payment agreement, with the option for users to exit the arrangement at any time. Similar to a bank direct debit, this feature grants the merchant the ability to withdraw funds from the user's wallet based on agreed-upon terms, offering convenience and flexibility.
Plans define the minimum allowance, token and reset period for subscriptions to on-demand services and products. You can create a plan using the web app or directly interacting with our smart contracts.
Billings can fail if the subscriber hasn’t got enough funds on his wallet, hasn’t enabled the token or his spending limit fo the token is too low. They can be retried at a later time.