PayAccept; Bringing about a change to how people use cryptocurrency for financial payment and services

in #payaccept4 years ago

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The development of blockchain technology is being regarded as one of the most amazing discoveries of our present time. Along with the blockchain technology emerged the cryptocurrency and there have been over 1600 different types of digital currencies and it keeps rising over the years to come. This piece of new technology has shown a very great promise and has been successfully implemented in numerous use cases in areas such as finance, gaming, marketing, data storage, security and many more.
In the Financial sector, cryptocurrencies could be used for numerous transactions and for payments as it has a monetary value. But there was a lot of drawbacks that decreased the level of its mass adoption, and a lot of people were discouraged from making use of it. This is why a group of experts came together and did a lot of research on how to tackle all the existing problems that affect the use of blockchain in payments, and they came up with a very viable solution in the name of PAYACCEPT

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Introducing PAYACCEPT, the future of Payments

Payaccept is a digital platform that makes use of the latest technology to bring about an effective digital wallet management. It was created with the sole purpose of enabling the mass adoption of cryptocurrency in the financial sector. It does this with the provision of a single unified, user friendly interface that's so easy to navigate as users manage their digital assets. It also places emphasis on security, as users have full control over their private keys and the platform is fully secured from cyber attacks. The platform hopes to create a bridge so as to connect its users to other financial services such as Decentralized Finance, debt structures, cryptocurrency exchanges and other blockchain backed structures.

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Features of PayAccept that's makes it a very unique solution

  • It has a single unified, user friendly interface that allows for the seamless transaction and management of digital currencies and fiat. It will display the current balance as well as all the outgoing and incoming transactions.
  • It allows for users to connect up to three bank accounts to their PayAccept wallet.
  • It allows for the payment of bills irrespective of the currency denomination.
  • It ensures a high degree of security as users have full control over their private keys and all their funds are stored with the cold storage technology.
  • It provides an analytical tool that allows users to be able to evaluate their transactions on the platform.
  • It offers Mobile PoS services that can be used to open up a new source of business stream.
  • It allows for the easy conversion of funds from one form to another, be it fiat, cryptocurrency or gift cards.
  • It can be easily integrated into payment websites where its API can be used for online payments and checkout options.
  • It also enhances security, speed and transparency to virtual joint multi-set accounts for those making use of it for business purposes.
  • It shields it's users from the high volatility of Bitcoin and other cryptocurrencies.
  • It gives it's users access to other financial blockchain services such as Decentralized Finance, debt contracts and many others.
  • Finally, it offers a payment card that can be used anywhere in the world for payments and funds withdrawal from any ATM.

Introducing PayAccept

The PayAccept Token (PAY)

PAY is the native cryptocurrency of the PayAccept platform and it's an ERC-20 token backed by the ethereum blockchain technology. It's a token that has a variety of uses on the platform. It can be used to secure discounts on transaction fees, deploying PAYnodes, have access to exclusive information and services, access to crypto-backed loans, and to get free airdrops to PAY holders for listed coins on the platform. As a utility coin, once the EMI license has been obtained, the PAY token will now represent a share in the company.

The PAY token will be available on exchanges from September and these exchanges include Cointiger, UNIswap, NEXT.exchange, Probit, ExMarkets, indoEx, Bilaxy, Hotbit, FatBTC, Stex and IDEX.

In Conclusion,

The mass adoption of cryptocurrency to be used as a method of payment in the financial sector has been very staggering and sluggish. But I believe with the coming of the PayAccept platform, it will bring about a revolutionary change that will enable users to be able to make use of cryptocurrency for payments and other financial transactions. With an enhanced security as well as a user friendly interface, it will be the best among all.

For more information on the PayAccept, please visit any of the following links below

Website
Facebook
Telegram
Github
Linkedin
Twitter

Currently there is a bounty going on and it ends by 6/9/2020. It can be accessed by visiting the following link below

Bounty Link

Author Details

Hamzeto
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=1189991
Proof of Authentication: https://bitcointalk.org/index.php?topic=5255787.msg54997913#msg54997913

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