PAYACCEPT: A PROVISION FOR GLOBALLY ACCEPTABLE PAYMENTS TO USERS
INTRODUCTION
One of the lingering issues in the financial world is the difficulty in making cross border payments. It is so slow and is subject to so many factors. This is probably because of the intransparent way of operating and the centralized nature of the portals through which the payments should be made. Now a new world of payment can be birthed through the integration of blockchain solutions to make payments possible and faster through a decentralized network called PAYACCEPT.
WHAT IS PAYACCEPT ?
PAYACCEPT grows its ecosystem to make people able to connect to the financial world. This platform plans to give people a better way to hold and manage their funds, while giving the unbanked a good way to start depositing and transferring their money through a trusted network. Payaccept will provide everyone with a quality digital wallet to secure their funds and from it, they will make secure payments for products and services they purchase.
For a start, Payaccept currently supports about 50 other cryptocurrencies including the top coins. It follows the standard setting of wallets to provide a suitable wallet that enables one manage any asset in it. This goes along with other features like the fast response and the security.
FEATURES OF PAYACCEPT
The digital wallet provided by Payaccept is what users need to have to directly access blockchain products and get full benefits.
With the latest technology, Payaccept reaches out to many people, to make digital wallets available to them and also improve their financial activities with the other features it brings.
Bank linking is very much possible with this platform. This feature makes a user connect 3 bank accounts and link them all to a wallet. Then the digital wallet will keep records of the transactions done in it and updates itself accordingly.
With Payaccept, you can keep track of your spendings, see insights of all your proceedings daily and also monthly and experience speed of transactions. Information that are helpful are going to be at users finger tips as they will get notified when there is an improvement or helpful tips shared.
Users can customize their wallet interface, adjust settings and hold their cryptocurrency in it.
As an offline wallet, assets are not stored online but offline with users having secured access to them at anytime without the need to use the internet. This is the cold storage feature. As for the security of the wallet, private keys are generated for each users, they can change them as they wish to customize them and then be their own point of sale.
CONCLUSION
All a user would need to be a partaker and effective financial user is a mobile phone which can connect them to the ecosystem. The platform makes users transform their mobile phones to financial instruments. Payaccept will quickly spread to win many communities over especially the ones with many unbanked people. This is how the financial system will become boosted and interconnected to satisfy the interest of all users.
USEFUL LINKS
Website: https://www.payaccept.net/
Telegram: https://t.me/payaccept
Twitter: https://www.twitter.com/payaccept
Btt Bounty Thread: https://bitcointalk.org/index.php?topic=5255787.0
AUTHOR'S DETAILS
Bitcointalk Username: Gudubobo
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2766228