PAYACCEPT: Global Payment Platform Built On The Blockchain Technology

in #payaccept4 years ago (edited)

In order to provide an alternative monetary system embedded on the blockchain technology inconjunction with the modern financial system, PayAccept is here to create a digital wallet for the global system that will be decentralized and void of any intermediaries.

Current financial industry is based on a centralized system, which gives power to make any form of decisions to a single entity or small group of people, often times the leaders. The decisions been made by these so called leaders are always targeted ripping people of their money, which often times lead to delayed transactions, high fees in form of charges, and lastly can be very fraudulent.

To addressed these issues and many more, PayAccept embraced innovations available in the blockchain technology to bring about security, transparency, efficiency, effectiveness as well as using cryptocurrency to make swift transactions.


WHAT IS PAYACCEPT AND HOW IT WORKS


PA.JPG

PayAccept is a blockchain based platform that is set to revolutionized the financial sector by introducing a decentralized platform to bring about swift transactions at no or minima transaction fees and most importantly to eradicate all form of intermediaries.

PayAccept network allow users to easily trade assets irrespective of the currency or denomination, whereby the traders (buyers and sellers) can decide which asset they prefer, such the trader A can send bitcoin to a client who requested for Euros. PayAccept adopts the latest digital management tech with three core standards of the platform:

  1. Pay Token: The driving token of the PayAccept platform is designated as PAY, which will be used to effect transactions on the platform, cut off transaction fees to the bearest minimum as well as used about 25% of the fees generated on the platform to reward members on the platform.
  2. Pay Card: With PayAccept Card, members can transact their assets in real life. The Pay Card can be funded instantly at the platform competitive rate, it's very flexible, available and usable globally as well as inbuilt EMV chip to enhance security on the card.
    PA Card.JPG
  3. Payment on Sale (PoS): With the PoS set up, PayAccept is able to allow payments globally from crypto-to-dollar, thus avoiding high transaction fees.

PAYACEEPT INTERFACE


The interface is already operational supporting over 50 various digital currency as well as fiat. The platform is highly scalable and permits frequent update to adopt any latest technology. The interface merits are itemized as:

  1. Adopt blockchain technology to prevent frauds
  2. The exchange is built to accept both fiat and digital currency
  3. Decentralized platform that makes it easy for traders to use.

WONDERFUL FEATURES OF PAYACCEPT


  1. All forms of transactions are recorded and stored on the blockchain.
  2. Notifications for all transactions made
  3. Screen brightness can be easily adjusted as well as use of dark modes (should users want)
  4. Cold storage of users accept to avoid hacking
  5. Assets as well as private keys are in full control of the users
  6. A wonderful exchange built on great community audience
  7. Convertible gift cards to any form of digital currencies

Kindly take a glance at PayAccept marketing video


CONCLUSION


PayAccept is a great platform that came into existence in April 2020 to be the bridge between traditional centralized financial sector and decentralized platforms. PayAccept is here to set the pace for everyone, irrespective of your trading experience to be able to handle trading digital currencies singly without relying on any intermediaries.


For more information about PAYACCEPT, click the following links:


Website: https://PayAccept.net/
Facebook: https://www.facebook.com/PayAccept.net
Bircointalk: https://bitcointalk.org/index.php?topic=5255787.0
Telegram: https://t.me/PayAccept
Github: https://github.com/PayAccept
Linkedin: https://www.linkedin.com/company/PayAccept


AUTHOR'S DETAIL


Bitcointalk Username: Swingle
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2365402

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PayAccept is a cryptocurrency platform that is built to infuse seamless transaction between exchange platform, e-wallet and with the blockchain itself. It is aimed to be a go to platform whenever users intend to convert their assets to fiat or any cryptocurrency of their choice.

This is engaging thanks for this piece

This is well explained and helps me understand the project better. Thanks for the information.

I've been following payaccept and I can say the team is really competent. Nice article

an organised platform for global payment

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