Tonomy Pay supports diverse payment modalities including escrow payments, where the system currency is temporally secured, facilitating smart services and other Web3 applications. It also accommodates recurring subscription payments, a feature extensively employed by SaaS platforms and for billing DAOs for network services.
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In this way, Tonomy Pay matches and extends additional functionality while still retaining backwards compatibility with modern payment networks like SWIFT and SEPA.
Other cryptocurrencies often have features such as subscriptions or escrow built in as second-layer features, requiring users to use a second token or application creating a confusing experience. Tonomy Pay considers these features primary and is configurable in the native currency token.