# GoDutch - Splitting bills

## Introduction <a href="#docs-internal-guid-1458ae29-7fff-fe6b-4041-15c4b4b67279" id="docs-internal-guid-1458ae29-7fff-fe6b-4041-15c4b4b67279"></a>

Passive Income introduces GoDutch. GoDutch is a next-generation payment request system where consumers can split bills and send crypto payment requests to friends or family members through WhatsApp, Telegram and other messaging services. GoDutch saves companies a lot of costs on equipment and transaction cost premiums which are charged by traditional payment systems.&#x20;

GoDutch is able to guarantee a 100% uptime so even when power cuts out, GoDutch will still be functional. Welcome to the future where bills can be shared between consumers and companies can accept crypto payment without the need for additional expensive equipment.&#x20;

All you need is a mobile phone and a QR code at the checkout to use GoDutch. GoDutch is fast, cheap, scalable and offers unmatched transparency and insight for consumers and companies.

## Problem

In a world where consumers go out together and purchase goods or services together the same question always arises. Who pays the bill and how will the bill be divided and settled?&#x20;

We also know that companies are paying extortionate fees for many of their current payment systems. You have the costs of the equipment and then the additional processing fee for each transaction. Card readers are also dependent on a fixed internet connection and power supply. When either of these fail, consumers are unable to pay resulting in lost revenue.&#x20;

These aforementioned problems can be solved with GoDutch.

## Solution

Passive Income has developed GoDutch.&#x20;

GoDutch enables consumers to split bills and send crypto payment requests to their friends or family through WhatsApp, Telegram and other messaging services utilising blockchain technology and crypto. Payment requests can be sent to multiple people at once, with a specified amount set per person. The GoDutch solution for consumers can be applied in a lot of scenarios and cases. Think about going out for dinner in a restaurant, going out for a drink, or shopping at a supermarket together. GoDutch is suitable in any scenario where a group purchases goods and services together. Splitting bills and settling payments has never been so frictionless, reliable, cheap, fast and easy!

GoDutch does not stop at splitting and settling bills amongst friends and families. GoDutch offers solutions for consumers but also will offer business solutions. When visiting a supermarket or any other retailer, it will be possible to scan your items individually or as a group and then you can pay either individually or together through a QR-code which can be scanned at the checkout.  Businesses only need a QR-code displayed on their checkout system which will represent their crypto wallet. Even when power cuts or their internet provider fails everyone will still be able to pay.

As a future feature GoDutch - Passive Income will offer cashbacks on purchases in the form of our Passive Income (PSI) token, for every 100 euro spent 0.5 euro worth of PSI will be given as a cashback.&#x20;

GoDutch is a very interesting extra utility for the Passive Income ecosystem. On all transactions that utilise GoDutch, a 0.1% fee is charged. This fee is then split 50/50 between the company Passive Income and Passive Income (PSI) investors.

GoDutch will be integrated into our PSIHUB, offered as an Android app and later as an iOS app. GoDutch is available on every single chain which is compatible with MetaMask and Trust Wallet. This includes the Binance Smart Chain, Ethereum, Matic and Solana.&#x20;

In the future we will enable investors to connect GoDutch directly to their Passive Income crypto card. With this new innovative crypto solution Passive Income aims to close the gap between the traditional payment system, the crypto payment system and stimulate wider crypto adoption.

## GD flowchart

!["Passive Income: GoDutch flowchart"](https://2592224742-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FslLfTTv6Jjjvkn20BMxf%2Fuploads%2FXuZUiIr64ySLvmxIm28i%2Fphoto_2021-12-27_14-10-50%20\(2\).jpg?alt=media\&token=985c70ad-6ffa-42cd-bd3f-27eb4d792988)

## GD features and services

* Split bills and send crypto payment requests to friends and family;
* Enriching companies' abilities for receiving payments faster and cheaper;
* Cashback system;



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