Merso flow
Companies' PoV
Once the Merso protocol is fully integrated, companies benefit from a streamlined payment infrastructure that supports both Play Now, Pay Later (PNPL) and Upfront NFT purchases, with minimal operational overhead.
Payment Process
PNPL Purchases: When a player purchases an NFT using PNPL, the company immediately receives 100% of the NFT price from the Merso protocol. There are no payment delays or risks related to installment collection.
Upfront Purchases: When a player purchases an NFT via upfront payment, the company receives the full payment instantly, following a standard NFT purchase flow.
User Experience
PNPL Flow: Players can immediately use the wrapped NFT (wNFT) in-game with full functionality. Once all installments are completed, ownership is seamlessly transferred to the original NFT without any gameplay interruption.
Upfront Flow: Players receive and use the original NFT instantly, with no wrapping or transition required.
Company Benefits
Immediate Payment: Full payment received upfront for both PNPL and Upfront purchases.
No Risk: No exposure to payment defaults.
Seamless Integration: Minimal operational requirements after integration.
Enhanced Sales: Access to users who prefer flexible PNPL options while still supporting traditional purchases.
User Retention: Improved user experience with flexible payment options.
Technical Requirements
The company’s smart contracts must accept the Merso wNFT collection alongside the original NFT collection, allowing players to use either asset interchangeably during gameplay. This requirement applies only to PNPL purchases; Upfront purchases continue to use the original NFT collection exclusively. You can see how integrate Merso here
Players' PoV
Option A: Play Now, Pay Later (PNPL)
Step 1: Marketplace Purchase
The user purchases an NFT from the Game Marketplace using our PNPL protocol.
Step 2: Required Transactions
The user executes two on-chain transactions:
Approves the Merso protocol to manage the required in-game tokens.
Completes the PNPL purchase transaction through the protocol.
Step 3: Payment Structure
The user pays 50% of the total NFT price in tokens while our protocol covers the remaining 50%. The outstanding balance is then repaid by the user in weekly installments.
Step 4: Payment Monitoring
The system checks the user's token balance daily. If the user has insufficient tokens, they receive an email notification and the system attempts payment processing the following day. If the user lacks tokens for 5 consecutive days, their wNFT is burned.
Step 5: Payment Completion
Once all installments are successfully completed, the user receives full ownership of the original NFT. During the installment period, the NFT cannot be transferred. Ownership transition occurs seamlessly after the final payment.
Step 6: Failed Payment
If payment fails after 5 consecutive days, the protocol burns the wNFT and the user loses access to it permanently.
Option B: Upfront Payment.
Step 1: Marketplace Purchase
The user purchases the NFT from the game marketplace using full upfront payment.
Step 2: Required Transactions
The user executes two on-chain transactions:
Approves the Merso protocol to manage the required in-game tokens.
Completes the purchase transaction through the protocol.
Step 3: Ownership and Usage
The user immediately receives and fully owns the original NFT, with no restrictions on transfer, resale, or staking.
DISCLAIMER: wNFT’s only restriction is resale, transfer and staking features, during the installment collection period.
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