Payment system
The Merso BNPL payment system enables users to purchase items with flexible payment plans while maintaining full functionality in games.
🎯 Payment Overview
The BNPL system operates on a 50% upfront, 4-week payment plan structure where users pay half the item price immediately and the remaining balance over four weekly installments.
Step 1 - Item Selection: When a user decides to purchase an item using BNPL, they initiate the process by selecting the BNPL option in their game's marketplace. The user sees both regular purchase and BNPL options, allowing them to choose the payment method that best suits their needs.
Step 2 - Upfront Payment: Players' pay 50% of the item price upfront, which is transferred directly to the MersoBNPL account. This upfront payment serves as the user's initial commitment to the purchase and demonstrates their intent to complete the transaction.
Step 3 - Protocol Payment to Game: Once the user's 50% payment is received, the protocol immediately pays the full item price to the game. This ensures the game company receives their full revenue upfront, eliminating any payment risk on their end.
Step 4 - Item Transfer: The item is transferred from the game company to the player.
Step 5 - Weekly Payment Processing: The remaining 50% of the item price is divided into four equal weekly payments of 12.5% each. These payments are processed automatically by the protocol at 7-day intervals, with no action required from the user.
Payment Schedule
Payment Number
Payment percentage
Total
Remaining
0
50% upfront
50%
50%
1
12.5%
62.5%
37.5%
2
12.5%
75%
25%
3
12.5%
87.5%
12.5%
4
12.5%
100%
0%
🚨 Default Handling
If a user fails to maintain sufficient balance for a weekly payment, the protocol implements a 3-try system with daily attempts. Each failed attempt triggers an email notification to the user. If after 3 attempts the user still hasn't provided sufficient funds, the protocol executes a default, notifying the company they must take action on it. The entire payment flow is designed to be user-friendly and automated, requiring minimal user intervention while providing comprehensive communication throughout the process. This approach maximizes user adoption while ensuring the protocol's financial sustainability through clear default handling and risk management.
Payment Failure Process
If users don't pay their weekly portion, the protocol implements a 3-try system:
Timeline
1
First payment attempt
User email notification
2
Second payment attempt
User email notification
3
Third payment attempt
User email notification
4
Default execution
Game notification
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