Payments on Hedera

Name: Hedera
Price range: $

Enable secure, real-time, and cost-effective payments in hbars, or your own stablecoin or cryptocurrency.

Finance at a fraction of the cost

By 2023, digital transaction values could reach $6.7T globally. Public distributed ledgers that enable the issuance of stablecoins and other cryptocurrencies for payment use cases reduce costs associated with payment processors and point-of-sale systems.

The Hedera Token Service offers organizations an opportunity to embrace the disruption of public distributed ledgers for payments in a secure, compliant, and performant manner — this includes improving payment settlement efficiency and creating liquidity for new and growing markets.

REAL-TIME SETTLEMENT

Both hbars and Hedera Token Service issued tokens take seconds to settle, on par with the VISA network — this makes hbars, stablecoins, and other cryptocurrency transactions a viable option for commerce and finance.

LOW AND PREDICTABLE FEES

Hashgraph consensus is fast and efficient, enabling low and predictable transaction fees for issued tokens — it costs less than 1¢ USD to transfer any sum of a tokenized asset on Hedera.

REGULATORY COMPLIANCE

Stablecoins and cryptocurrencies used for payments require configurations at the account level to meet regulatory compliance. Hedera enables token issuers to define account-level KYC verification and freeze, token supply management, transfer, and more.

You’re in good company

"The Hedera Token Service will provide developers and businesses unrivalled new ways to tokenize and issue assets of all types and getting the superior benefits of the underlying hashgraph consensus. We are actively looking at ways of leveraging the Token Service to implement our digital strategy."

Rob Allen
Entrepreneur in Residence

The Hedera Token Service

The Hedera Token Service is a network service built on the enterprise-grade Hedera public network. HTS allows for the creation and management of native fungible and non-fungible tokens with high performance, low fees, and optional compliance configurations. Applications and protocols are able to define their own unique token, presenting a new opportunity to establish true digital ownership and efficient markets.

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Mint, Manage, and Transfer Value

The public Hedera network helps businesses enable real-time payments in stablecoins, CBDCs, hbars, or your own cryptocurrency, with the speed, security, and native compliance configurability expected of enterprise-grade payment applications.

Stablecoin

Stablecoins offer the security and decentralization of cryptocurrencies with the price stability of fiat currencies. The Hedera Token Service enables the deployment of stablecoins on the Hedera public network. Hedera Token Service helps businesses meet regulatory requirements through native compliance configurations.

Central Bank Digital Currency

Central Bank Digital Currencies (CBDC) are regulated by a countries’ monetary authority and typically deployed on permissioned blockchain frameworks. Utilize the Hedera Consensus Service in combination to preserve privacy while enabling transparency and trust for national and international payments.

Cryptocurrency

Enable users to earn, manage, and transfer hbars or their own cryptocurrency unique to your website or application — enable payments or micropayments in-app, incentivize user participation and behavior, and reduce costs associated with facilitating value transfer.

Tokenization on Hedera

This whitepaper takes a deep-dive into the two primary models Hedera supports for tokenization – natively on Hedera, using the Hedera Token Service and in a permissioned network setting, using Hedera Consensus Service. Download the whitepaper to learn more about tokenizing assets using the fast, fair, and secure Hedera public network.

Download paper

"Tune.fm is excited to launch the JAM token on Hedera Token Service — Hedera Token Service is the ultimate native token service that will enable us to truly realize our original vision for real-time micropayments at lighting speeds with super low fees."

Andrew Antar
Co-founder