Traditional payment methods frequently incur high fees due to intermediary banks, currency conversion, and processing charges, making transactions more expensive.

Banking transactions are confined to standard business hours, leading to delays during weekends or holidays, and limiting the flexibility for time-sensitive transactions.

International transactions can be complex and slow, involving multiple banks, differing regulations, and increased fees, making it a challenging process for buyers and sellers across borders.

Strict regulatory requirements and the need for fraud prevention measures often introduce additional verification steps, increasing the time and effort required to complete transactions.