Electra Protocol is the world’s fastest decentralized blockchain. Transactions are usually performed with 1-2 seconds, sometimes even faster. Further improvements are on the way to significantly improve the transaction speed, for example by releasing validator nodes (during 2022).
You can currently perform payments using any provided XEP Wallet. Later 3rd party solutions, such as provided by Evoblox, will enable payments in online shops, in physical stores, and elsewhere – without the user necessarily noticing that transactions are carried out over blockchain technology.