# Settle Interbank Payments with wCBDC (Acquirer-Merchant Settlement)

## About

<table><thead><tr><th width="304">Use Case Category</th><th>Use Case Scope</th></tr></thead><tbody><tr><td>wCBDC</td><td>This use case explores using tokenized bank deposits on blockchain for interbank payments between an acquirer and merchants, settled with a wholesale CBDC.</td></tr></tbody></table>

## Description

**Key Stakeholders:**

* Acquiring bank
* Merchants
* CBDC issuer
* Tokenization platform

**Story:**

1. Customer makes purchase from merchant using card
2. Acquirer initiates settlement to merchant with tokenized deposit
3. Tokenized deposit burned from acquirer's ledger
4. Equivalent tokenized deposit minted on merchant's ledger
5. Settlement occurs atomically via wholesale CBDC

**Preconditions:**

* Acquirer wants to streamline merchant settlement
* Tokenized deposits and wholesale CBDC infrastructure exist

**Postconditions:**&#x20;

* Merchant receives tokenized deposit settlement
* Settlement is atomic and done in near real-time

**Key Benefits:**

* Near real-time settlement finality
* Enhanced liquidity management
* Streamlined settlement process
* Always-on global infrastructure
* Privacy preserved using encryption

## Example Provider

Visa&#x20;


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://qualitax.gitbook.io/interop/use-cases/wholesale-cbdc-wcbdc/settle-interbank-payments-with-wcbdc-acquirer-merchant-settlement.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.