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limone.eth 🍋
@limone.eth
introducing Shift, onchain POS system unlocking stablecoins payments for merchants💸 ➡️customers pay with USDC on @base scanning a QR with their fav wallet ⚡️merchants can offramp their balance with 1-click soon active in Lisbon🇵🇹 wanna see it in your fav coffee shop? reply👇
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Tempe.degen 🎩 🔜 Devcon BKK
@tempetechie.eth
Wow, it looks awesome! 🤩 Do businesses also usually have a VAT tax in such a system? Or is that calculated somewhere else, e.g. in a software that issues receipts?
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limone.eth 🍋
@limone.eth
merchants would still need to invoice their customers separately rn there's no integration with the tax system (ie merchants have to do it manually), but i'm planning to talk with existing cashier systems so that reconciling receipts and cash flow becomes easier definitely out of scope for the mvp, but good point!
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Tempe.degen 🎩 🔜 Devcon BKK
@tempetechie.eth
Ah, okay, if the invoices are created separately, then there's probably no need to have a tax feature. Now that I think about it, whenever I pay with a card and get a payment slip from the PoS terminal, there's no tax info on it :)
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