GRAFT - the complete one-stop solution for global payment processing.
Statement of the problem
Payment processing is not new to the business world. Every store both on the street and online has had a way to collect money from its customers. Payment methods has a very long history. First it began with cash purchase and over time, the digital revolution took over every aspect of our lives. Today, we run more of a cashless society where everything bought by the customer can almost always be paid in some form of cashless payments or the other. So today, we have point-of-sales, credit, debit and master cards, etc. While we laud these as modern means of payments, there are obvious drawbacks with them.
Payment gateways and other traditional systems are expensive to merchants because of processing fees which ultimately affect prices of goods. in addition, time is a precious commodity and we live in the jet age. Everything should happen fast. Unfortunately, the time it takes to complete and confirm payments is simply unacceptable especially with large volume of customers. In addition to these challenges, sometimes, the customers preferred means of payment is not available at a local shop and necessitates looking for a proper means of exchange. To overcome all these challenges, we need a unique, global and all-encompassing method of payment processing in this digital age.
Introducing the unique solution - GRAFT
Graft is real-time, blockchain-based payment solution for every business. With the global awareness and use of crptocurrencies, Graft brings all traditional payment methods to a single platform where retailers and merchants can conveniently receive money no matter the customer's preferred means of payment. Graft's all-in-one solution enables sellers to accept payment using any methods know to us - POS, cards system and cryptocurrency.
Merchants and local retailers have struggled so much to accept cryptocurrencies as a means of payment. How to exchange them for goods and lack of real-time platforms to handle crptocurrency transactions have forced sellers to stick with the card system. Cryptocurrency use in the traditional buying and selling system is almost non existent. You can hardly find any online stores or physical shops on the street that accept them. Its difficult to break down, and use as fiat.
Graft integrates cryptocurrencies with the POS and allows merchants to receive cryptocurrency payments without the need for exchange. This makes it easy to spend cypto money much like fiat and promotes the large-scale adoption of cryptocurrency. Graft makes it possible for merchants to accept any means of paying money - fiat, cards, POS and cryptocurrency.
GRAFT - features that make it truly unique
1. Fast transaction processing using RTA: One major problem of current payment processing systems is speed. For example, traditional electronic payment methods take between few minutes and several hours to complete payment processing. In our fast-paced world, that is a long time. No one likes to be delayed after making a purchase. That is why merchants and retail stores go for the fastest payment processor.
Graft solves this problem by implementing RTA(real time authorizations). RTA ensures that transactions on the Graft platform happen very securely and super fast. In this way, Graft eliminates the usual delays associated with today's payment systems. This will ensure that customers payment in any currency of choice is processed in the shortest time possible. Hence, merchants can carry on business as usual without having to worry about long queue of customers waiting to have their payments processed.
2. Integrating GRAFT into popular devices: The world has moved to smart devices - smartphones, tablets, etc. Theses devices have seen more usage than traditional laptops and desktop computers. To accomodate this global trend and reach out to more people, GRAFT created softwares to run on portable mobile devices.
You can install GRAFT Multi-currency Mobile Wallet on the following devices:
This video explains how to use GRAFT Multi-currency Wallet and other apps.
Merchants and buyers can make good use of the GRAFT cypto finder. For merchants, they can update their status; indicating their shops where they now accept cyrpto for payments. Users or buyers can also use this tool to locate shops that accept cyrpto as a means of payment.
This video explains how to use GRAFT CryptoFind
GRAFT Mobile POS is the application that does all the work for merchants. This app enables merchants and store onwers to accept crptocurrency paments using their iOS or Android smart device.
The app is very easy to use and merchants wont find it easy to master. The first video explains how to use this app.
Terminal Payment systems.
This is probably the most popular form of payment used by merchants in various stores. This method allows the use of debit and credit cards to accept payment from customers. Working to encourage mass adoption of cryptocurrency as a form of payment, there must be an easy and free way to integrate cryptocurrency payment into traditional and popular systems. This will ensure that no expenses is incurred and no special equipment is needed to accept cryptocurrency payment on an existing terminal system. GRAFT lived up to the billing.
Watch the two videos below and see how two stores have started accepting crypto payments from customers on their payment terminal. It incolves an easy and free installation of GRAFT on their terminal. Watch it.
Verifone Terminal Integration
Ingenico Terminal Integration
GRAFT is the real game-changer.
Before now, payment processing has been slow and expensive activity between merchants, payment gateways and customers. We seem to have been used to this backward affair until GRAFT arrived. With GRAFT integration, there is no need of middlemen again. Third-party payment processors will soon find a new way to remain relevant. Merchants are rest assured that there customers will be given swift delivery of goods or services with equally swift payment processing. Store-owners do not have to spend hard-earned profit on payment processing.
In addition to saving them time, customers will pay for goods for their prices. There will be no price hikes or extra cost added to items on purchased. The relationship between customers and shop-owners will greatly improve. The merchant is happy for rendering optimal services and the customers is satisfied with swift and efficient handling of business transactions. Overall, the image and value of cryptocurrency payments and blockchain technology is enhanced.
Additional GRAFT gives all parties in a trade the unlimited opportunity to buy and sell in any currency of choice. The customer is not restricted to any one form of payment. He is happy to be able to spend his hard earned crypto on any items or services of choice. Merchants who use GRAFT are also happy to sell in their currency of chioce, in addition to giving customers the freedom to choose how to pay.
GRAFT integration will forever change how we look at and interact with cryptocurrency. Currently, some people look at cryptocurrency as a liability instead of asset. Some even doubt if it is as valuable as fiat. Especially because of the limitation in being able to spend it anywhere just as fiat. GRAFT will definitely change doubters into believers. By giving users the ability to spend to spend their crypto anywhere and as they wish.
Blockchain technology is relatively new and unknown in some places, but GRAFT will make it popular as more and more people start to use it for purchases. Eventually, cryptocurrency will become a household name and eventually overtake fiat in usage, popularity and acceptance.
Speed is key - another look at GRAFT and RTA.
GRAFTS's RTA ensures that buyers do not queue up and waste valuable time to have their payments processed in real time. It gives buyers the freedom to choose what currency they will pay with.
GRAFT's RTA will work by implementing a two layer network with supernodes (randomly selected based on stake tiers) confirming and validating transactions and exchanges in real time.
#More resources
GRAFT website
GRAFT WhitePaper
GRAFT Twitter
GRAFT BTCTalk
GRAFT Facebook
GRAFT Reddit
GRAFT YouTube
GRAFT Medium
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