Timings
Typical bank times next to measured Tazor times, with the transactions that prove them.
Each Tazor figure below was measured on Whitechain Sepolia and Ethereum Sepolia, and links the transactions that prove it. Bank figures are typical published times for comparison.
Bank vs Tazor
| Action | Typical bank | Tazor | Proof |
|---|---|---|---|
| Customer pays at checkout (no gas, no WBT) | Card: authorised in seconds, but the merchant is paid 1–3 days later | 4.0 s, settled to the merchant | payment |
| Refund part of a payment | Card refund: 5–10 business days to reach the customer | 3.5 s, back in the customer’s wallet | refund |
| Pay an approved invoice | SWIFT: 1–3 business days | 3.6 s | payment |
| Pay with our servers down (Ethereum fallback) | Not possible if the provider is down | 69 s via Ethereum | Ethereum forward · Whitechain payment |
| Set up a direct debit (mandate) | e-NACH: 1–4 business days | Instant (one transaction) | first collection |
| Change who may approve | 7–10 working days | 100 s (ENS change on Ethereum to role synced on Whitechain) | ENS grant · Whitechain sync |
| Remove a person | 7–10 working days | 3.06 s | revocation |
| Issue a credit note | – | One transaction | credit note |
How each was measured
- Customer pays at checkout (no gas, no WBT). From the customer’s signature to the confirmed payment on Whitechain, through the hosted relayer, from a fresh wallet holding no WBT (scripts/hosted-checkout-live.ts).
- Refund part of a payment. From the merchant’s refund signature to the confirmed refund on Whitechain (scripts/checkout-live.ts).
- Pay an approved invoice. One approved invoice paid through the relayer, end to end, on Whitechain Sepolia.
- Pay with our servers down (Ethereum fallback). From the EnsGate transaction on Ethereum Sepolia to the payment landing on Whitechain, with the relayer bypassed.
- Set up a direct debit (mandate). Creating a mandate is a single Whitechain transaction; the link is its first collection.
- Change who may approve. From the ENS role change on Ethereum to the role synced on Whitechain, block timestamp to block timestamp, including a 15 s scripted wait. The automatic watcher took 84 s.
- Remove a person. From submitting the signed revocation to its confirmed transaction on Whitechain; the person’s next payment was refused.
- Issue a credit note. A credit note is an ordinary payment from the supplier’s company account back to the buyer’s.