Orbis Transfer: A More Efficient way for Digital Payments

The world economy is currently being manned by centralized platforms such as banks and other financial platforms. What is obtainable in these platforms is the protection of its players’ interest with total disregard for the customers and users.

While they pride themselves for their relative contributions to the world economy, they proved inefficient in the event of some financial crises. A pointer to this assertion is the European Sovereign Debt Crisis that rocked the world in the year 2010 and the Global Financial Crisis of 2008.

There is also the existence of a snail-like transaction process whereby transactions are not complicated in the shortest time possible. Intermediaries also have a field day in the traditional financial system; literally extorting huge sums of money from their clients.

The time to change the status quo in the current financial system model is long overdue and the viable platform to do that has to be fostered on the blockchain.

THE BLOCKCHAIN APPROACH
The blockchain technology is the right approach to tackling these problems. With its disruptive and decentralization tendencies, there will be even distribution of powers as opposed to the concentration of financial rights on few monopolistic players who use the opportunity in the negative aspect.

There have been virtual services offered by major blockchain-based digital assets such as Viacoin, Bitcoin and Riple. However, the problem persisted probably because these virtual services lack physical attributes.

DIGITAL PAYMENTS
As technological innovations expanded, a new approach to making payments was evolved- digital payments. Digital payment channels have taken roots in virtually every aspect of our daily transaction; from mobile transfers to the NFC payment gateways in our smartphones.

PROSPECTS OF DIGITAL PAYMENTS
If you’re still in doubt on the obvious positivity that digital payments will foster on the world economy, here are a few clues. All around the world today, wireless or mobile money transfers and other forms of cashless payments such as POS services are already taking the centre stage.

It was reported that from 2013 to 2017, digital payments rose by about 11.3% and is currently valued at about $450 billion. New approaches to digital payments were conceived and that is what we find in Apple Pay (for iPhone users), Google Pay (for Android users) and NFC payment gateway for Blackberry devices and other supported smartphones.

ORBIS TRANSFER TO THE RESCUE
ORBIS is here to offer a decentralized money transfer, payment and investment. Orbis aims at providing relevant channels to facilitate the integration of cryptocurrencies in the digital transfer market. Orbis’ scope is the 4 million daily cryptocurrency users that are expected to clock about 300 million daily cryptocurrency transactions by the year 2030. Orbis aims at providing a concise explanation of what cryptocurrency tends to offer such as low-cost transactions and immediate payments.

With Orbis, the seeming delay in traditional financial systems will be replaced by a more robust Orbis ecosystem powered by the blockchain technology. For faster payments and transaction processing, Orbis is using cryptocurrencies to facilitate its process.

ORBIS’ PROSPECTS
If you’re looking for a way to compress all your financial tasks into one place, look no further as Orbis is the right platform. Orbis offers its users many amazing prospects with the most fascinating being allowing its users bank, make transactions and trade cryptocurrencies in its ecosystem.

Orbis will solve issues that arose in traditional financial systems by:
• Facilitating faster transaction process through the use of cryptocurrencies
• Reducing high fees by the elimination the use of middlemen/intermediaries.
• Offering its users a Self-Service where they can process their transactions by themselves.
• Removing complicated paperwork and bureaucracy found in the traditional financial system.

On the Orbis ecosystem, you needn’t bother yourself mastering the technicalities of digital payments and the use of cryptocurrencies. Orbis has everything in place to keep you informed and guide you in your transactions.

Orbis realized the possibility of only youngsters using its platform and therefore created a user-friendly ecosystem that can be used both young and old. Orbis will also launch its desktop and mobile applications to facilitate its easy use. An Automated Teller Machine and physical locations/offices are also among Orbis’ plans to make its ecosystem useful.

HOW DOES ORBIS INTEND TO MARKET ITSELF?
Orbis made a research and realized that about 40% of the entire world population does not even have a bank account. The research also revealed that developing countries have the highest concentration of non-bank users.

There are already many existing digital payment channels so to get a market share will be quite hard for Orbis. Orbis is therefore banking on using current third-parties such as financial institutions (banks) to propagate the early stages of its mission. Through this medium, Orbis aims at offering amazing financial services to about 3 million unbanked people in Asia, Africa and Latin America before the end of the year 2020.

Orbis will offer these unbanked people access to debit cards and the Orbis Payment Mobile application that will be installed on their smartphones. Orbis is bringing this on because of noticeable human errors in the current payment transfer methods conducted by both individuals and financial institutions.

Orbis partnership with these financial institutions will be directed towards 25 countries (most of which are African countries) and its target audience is Banked people, unbanked people, Expats (people living and working outside their home countries) and people within the ages of 18-75.

MARKETING STRATEGY
Orbis aims at achieving its goals by employing these strategies:
• Low cost
• Transparency
• Confidentiality
• Ease of use
• Accessibility
• Transaction convenience
• Safety
• Speed/fast transaction processing.

TEAM





**To view the full Orbis Team details and Linkedin Profiles, click Here.

To find out more about Orbis, i have added some useful links below to assist in that endavour
Website: https://orbistransfer.com
Whitepaper: https://orbistransfer.com/downloads/Orbis_White_Paper.pdf
Github: https://github.com/1Orbis
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=3844192.0

SOCIAL MEDIA
Twitter: https://twitter.com/OrbisToken
Facebook: https://facebook.com/orbistoken
Telegram: https://t.me/orbisgroup

Writer: Collinberg
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1532780