Overview of RedSonic Payment Service operations
The RedSonic Payment Service allows Web2 projects to handle stablecoin transactions (like USDC) using three core operations:
- Deposit: Users move stablecoins into their account for immediate utility.
- Transfer: Used for transactions or payments (e.g., user paying a merchant).
- Withdraw: Users or merchants move digital assets out of the service.
In a typical cart checkout scenario, the payment service verifies funds, executes the transfer via RedSonic's API, and provides a receipt. RedSonic records these transactions on-chain typically every 8-16 hours.