AMEPAY Ecosystem and Technology

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For every financial platform that exists, there is a whole ecosystem that is connected through its functions. Notably, the members of these ecosystems do not have to know each other, they are simply related by technology through the services of the platform. For traditional banks, the ecosystem includes the bankers, the policymakers, the customers, and many more.

AMEPAY, being a financial technology platform has a fluid ecosystem with all activities occurring seamlessly between the contributing parties. The AMEPAY ecosystem primarily consists of the stakeholders, customers, merchants, and payment aggregators. The consistent interaction between these parties sums up the AMEPAY network activity.

AMEPAY Ecosystem

Customers

The customers form a vital part of the whole platform process. They are the final piece that keeps the engine platform alive. Hence, AMEPAY ensures that they are shielded against all forms of malicious attacks and asset scams. AMEPAY is a user-centric platform; therefore, customers remain large beneficiaries of the platform's features. More so, the system envisions to become the go-to payment platform for users around the world, and as such set up unique channels that will keep up user motivation. These features include;

Multiple cryptocurrencies made available for payment
Loyalty program
Instant cashback
Quick cross-border transactions

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Merchants

Commercial outlets across the world will be provided with AMEPAY POS facilities. This will allow them to accept cryptocurrency payment for goods purchased. The loyalty payments for merchants can also help improve business scale.
AMEPAY being a global brand will help these affiliated commercial outlets to have a global representation, which is a great deal for small and medium-scale businesses.

Payment Aggregators

As a growing brand with numerous potentials, AMEPAY will create an infrastructure that allows businesses and organizations to integrate their payment system into its gateway. In essence, more investors are welcomed into the system by licensing. These investors are rewarded with commissions and fees for propagating the AMEPAY platform and its financial products. The payment aggregators are at an advantage as they do not have to worry about the cumbersome process of setting up a crypto gateway. It will also open up their business to a wider range of audiences as the crypto niche can now be included in their customer community.

AMEPAY Technology

Token

AMEPAY was developed alongside a native token, the AME token. This token was created via the ERC-20 protocol. Notably, the token functions as the medium of exchange and payment within the platform. It is expected that the consistent interaction of the AMEPAY ecosystem will drive up the price and attractiveness of the AME token.

Wallet
Wallets are a vital part of a blockchain. They represent a purse that houses the private keys to the assets of users. The AMEPAY wallet supports both crypto and fiat currencies, making them a great manager of user investment accounts. AMEPAY wallet supports multiple cryptocurrencies and gives room for easy payments and deposits.

A unique feature of the AMEPAY wallet is the ability to create multiple wallet addresses. The
AMEPAY wallet is compatible with android, iOS, and web services.

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Conclusion

AMEPAY has basic features that allow its ecosystem to thrive. It has also created multiple benefit channels for the members of its ecosystem. This will keep up user motivation and ensure a wide range of acceptance. AMEPAY token and wallet system also ensures that the platform is self-sufficient in all its operations.

USEFUL LINKS

Website: https://amepay.io
Whitepaper: https://amepay.io/static/theme-assets/whitepaper/amepay-whitepaper.pdf
Telegram: https://t.me/amepay
Twitter: https://twitter.com/ame_pay
Facebook: https://web.facebook.com/Amepay-114622167001761/
Medium: https://medium.com/amepay
LinkedIn: https://www.linkedin.com/company/amepay/

AUTHOR'S DETAILS
Bitcointalk Username: Prettytaxi
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2768255