11.4 Payments & Payouts

Problem

Payment systems often separate:

• Authentication

• Authorization

• Settlement

This creates ambiguity and intermediaries.

PTERI Approach

• Payment intent is created

• Wallet signs exact parameters

• Transaction is broadcast and settled on Litecoin

Identity, intent, and authorization are proven together.

This works for:

• User payments

• Merchant payouts

• Automated disbursements

---