VitePay Transaction Process
- 1.merchants create transactions via API, each TX has a unique Vite address created as an "escrow" or "middleman" address.
- 2.user can be directed to a unique payment portal with payment instructions and a countdown timer
- 3.user must send correct amount to the middleman address before the transaction expires
- 4.once enough confirmations on middleman address, TX is considered processed and funds are send to the merchant's address (no need to wait for confirmations on this end)