Venmo for crypto, send ERC20/ETH at realtime speed, search via username

I'm hoping this app helps make crypto easier to use for peer-to-peer transfers and for accepting crypto at Points of Sale, since we can process payments in real time. Would love for any feedback from this group!

Users can send ERC20 tokens or Eth by username. Peer-to-peer transfers are free (only pay gas cost in currency being sent)

Buy ETH/DAI/USDC in app with apple pay.

How our app works

• User deposits funds to smart contract via mobile app from private wallet

• Users can search for other users by username

• User signs a transaction with the amount to pay and wallet address (which is provided via app), which is then sent to a processing queue for settlement.

• The merchant balance is updated on app immediately, but it may take up to an hour for the transaction to settle on the Ethereum network.

• Once the funds have settled on the network the user can send a request to withdraw the amount received.

• User must send a request to withdraw to prevent users from withdrawing when they owe money. We can only prevent withdrawal of funds for approximately one week but we cannot at any time seize customer funds due to the decentralized nature of the smart contract.

Smart contract code publicly viewable and verifiable here: [redacted]

https://www.mopayd.com/faq

App available for ios platforms only at this time. Download link -> [redacted]