THE UNIQUE OPERATION OF THE XCARD INNOVATION WITH ITS CREDIT CARD

in #blockchain2 years ago

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The app which is compactible with credit card is one of a kind in the digital ledger for making payments. It therefore has its own unique way of working to provide users with the best services and that would be summarized in this article.

  • CONNECTING THE CREDIT CARDS

First a user with an existing credit card will have to connect it to the app. When connected, the user will see the test transaction that will show the payment history of the card and very it for any function to be done in the app. This configuration of the card will only be done for existing cards that users want to integrate to work with the xcard app. The creditcards provided by the Xcard have been set already and no effort is needed to set it up to work with the app again.

THE WAY XCARDS CAN BE USED

When the card has been connected successfully, the next thing for the user will be to top up their creditcard with accepted cryptocurencies which definitely will be more than 200 of them. With respect to the limit set by the issuer, the users will convert below the limit set from cryptocoin to fiats for them to spend at any time. The xcard makes instant payments possible for users when they fully topped up or not.

  • Users can start spending through the card connected provided they have also topped up and converted their cryptocoins to fiats. Having the money in the creditcards can take some few minutes because the money usually have to pass through a special gateway first and then be delivered to the card with notification as soon as it drops for you to be able to spend it.

MERCHANTS ADVANTAGE

The game changer is that this platform makes merchants from far and wide and to accept payments in any type of token or currency they want and to have them kept or use as they wish.

HOW THE SMALL FEES ARE PAID WITH THE MBM TOKEN

For every deals of the users, the platform charges just a little in the MBM tokens and that makes it important for them to have some of their cryptocoin converted to the MBM tokenso that just the little that is required for every activities can be deducted easily.

The platform has great technicality, it enables users to check their activity history from the app and have it all piled for them to access all. It provides them with great experience as long as their cards are supported. Also, the direct payment gateways are used for pefecting the payment function.

THE TECHNICAL FEATURES OF XCARD

It has an OCT service that makes you pay to a VISA user when the recipient agrees on that. Its connection to VISA aids this process through the adoption of the Account FundingTransaction.
It has a money send feature which ensures the delivery of any money sent to another user. This operation of transfer can be done locally or Internationally with the credit cards used and the internalizer that ensures that the recipients gets the money sent.

For you to use a card for payment purpose, it must have a connected account number which makes it understandable that it is a bank card. Quick tasks can be assured with different types of cards used by the users. It can be a maestro card, VISA card or even a master card for that matter.

There are plans in progress to have the project forming partnership with other companies like Club, UnionPay, Diners, Amex and also JCB. Xcard also have e-commerce applications for merchants to steadily accept any cryptocoins from their customers. This serves the online retail activities and offline ecommerce setup as far as the service providers are concerned.
All that is needed for the payments gateway to work is the information sent by the users on the payment portals. This is what makes any service achievable. Most times the bank are involved in this process, especially when one of the parties engaging is a full-time bank user. Users are connected to tge gateways to experience fast payments when they start any operation or when they need to pay for some services.

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CONCLUSION

All that is needed for effective weilding of any cryptocoin have been provided and just as the technical feature are, they would serve their purposes and bring about a simple and reliable means of saving the users from the slow and limited structures so that they can have a new platform which is ready to serve for global relevance and adoption of cryptocurencies. As this company has it foundation on the blockchain, so is it made effective and limitless in the digital space.

USEFUL LINKS
Website: http://xcard.io/
Whitepaper: http://xcard.io/static/XCard-Whitepaper-21082019.pdf
Telegram: https://t.me/mobilumcom
Twitter: https://twitter.com/xcardbymobilum
Facebook: http://www.facebook.com/mobilumcom/

AUTHOR'S DETAILS
Bitcointalk Username: Waltermeks
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2576323

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