NUPay-A Decentralized Payment System

daniwahyu (7)in #cryptocurrency • 5 years ago

What is NUPay?

NUPay is a Korean development designed to help users and project-connected entrepreneurs enter the business by offering reliable data and invoice protection with transparent operations. NUPay offers collaboration not only to online stores, but also offline, to reach a wider circle of users, without focusing on a certain circle of people. NUPay for simple stores will be another payment system for financial transactions, and moreover, offers them a partnership.

The NUPay system, spanning both on- and offline markets, will allow the use of TPCT tokens and other major crypto coins, along with reward points and vouchers. NUPay is a blockchain-based ecosystem which aims to provide innovative and smart payment solutions with the use of cryptocurrencies. The aim of the NUPay platform is to make cryptocurrencies to be widely acceptable as a means of payment just like money. NUPay is trying to create a smart economy whereby you can walk into any store, buy goods and services and make payment with the use of your cryptocurrencies or visit any online store and make purchases with your cryptocurrencies.

NUPay is a Platform that aims to provide and develop a service that will include a decentralized list of ownership and applications, which relies on Blockchain technologyCryptocurrencies has also enable enterprises all over the world to build decentralized applications which connects them directly with their end users. These are the major improvements that cryptocurrencies has brought and why it is gaining so much attention by the day.

NUPay Platform will provide and develop a service that will include a decentralized list of ownership and applications, which relies on Blockchain technology as the basis for its development. NUPay intends to create a service for transparent and secure network. NUPay becomes a leading solution in resolving issues regarding Crypto Payment services that users often face. as the basis for its development. NUPay intends to create a service for transparent and secure network. NUPay will now be a main solution and resolving issues that will rise up in Crypto Payment services when difficulties are face by users.

As of now, NUPay has secured franchisees and franchise shops that can make it feasible for 25 million users to implement 300 million trades of $26 billion annually. The NUPay platform will enable consumers to devote their electronic assets and cryptos in points of approval both offline and online. Important brands of merchandise and services available on the internet via the NUPay Wallet may be located below.

NUpay ADVANTAGES

Easy to use: NUPay, an easy payment system, is a payment service whereby users may use not only Along with encouraging Using TPCT Tokens, but NUPay may also add support different cryptocurrencies like BTC, ETH, and XRP so they could Be readily employed. Along with this Significant cryptocurrencies, any cryptocurrencies that want to Participate will be accessible on NUPay at any moment.

Fast Processing the transaction: During NUPay Network, retailers may benefit from interaction with customers. Because of this growth of payment procedures, such as cryptocurrencies, vouchers, and reward factors, A concise UI format That’s easily Available to anybody will enable viable client control and permit retailers to utilize Relevant customer information to enhance operations. Merchants can quickly link to NUPay Network via the POS devices they now utilize, payment Can also be created through the QR code scan.

Benefits of NUpay going forward
The following elements are intended to complement the vary of the necessary blockchain machine NUPay, with the help of which entrepreneurs and customers will achieve additional benefits over present standard financial systems:

Thanks to a big determination of exceptional price methods, NUPay will additionally display extra vouchers, present cards and other reward points that the consumer can use to purchase any items and services. For example, you have purchased some items and you will be charged an quantity of 2% of the total quantity of your buy in the structure of tokens credited to your wallet. This merchandising intends to motivate and motivate customers to choose NUPay gadget as their skill of payment greater often;
Due to the blockchain network, the developers have achieved the lowest feasible Commission costs, which will permit all users of the NUPay platform to avoid full-size waste associated in most cases with massive commissions from ordinary financial systems;
In addition to the fact that the user will be capable to buy a large quantity of goods and services via a giant community of accomplice stores, technical assist will additionally inform you how you can use the interior tokens NUPay additionally in the funding plan. To do this, you solely pick the splendid part in the menu area and get all the vital assist from technical support.

NUpay payments using Tokens

The NUPay Payment platform is designed to facilitate the use of cryptocurrencies such as the native foreign money TPCT, BTC, ETH, and XRP as properly fiat currency, reward factors and gift playing cards for repayments in both on-line and offline outlets. The platform is additionally designed to encourage interaction between retailers and users, enhance outreach and reputation of merchants via consumer administration services. Merchants and corporations on the platform can accept payment from customers (customers) in cryptocurrency or different price preferences and get it transformed into fiat currency seamlessly. Users are not left out; a 2% reward of the quantity spent (regardless of the price alternative selected) on the platform is given lower back to Users of the platform in the form of TPCT token.

TPCT serves as the gas of the NUPay platform and it beneficial properties utility as a ability of payment for goods and services with minimal transaction charge and easy transition into fiat currency, immediately cashback/reward for the usage of retail services on the platform and finally a requirement to use NUPay Services. Unlike other Cryptopayment platforms, NUPay has secured numerous partnerships for its platform and this will ensure the usability and demand for TPCT. TPCT will firstly be issued as an erc-20 token with a most provide of 2.5 billion devices for the cause of the preliminary coin providing (ICO) then later swapped for its equal on the NUPay blockchain. The Initial coin offering is presently ongoing and scheduled to cease with a public sale slated to begin on the 4th of March 2019 and cease on the thirty first of May 2019. The Public Sale charge is pegged at 25000 TPCT for 1 ETH though different cryptocurrencies such as bitcoin and ripple will also be accepted.

This undertaking represents a new algorithm of interplay of the Korean user with all existing retail outlets and enterprises, permitting to use modern applied sciences not solely for the benefit, but also with fantastic pleasure. After all, NUPay excludes any fraudulent actions, all payment transactions are carried out rapidly and with minimal fees, which skill that it will be a pleasure to use the inner token and other spinoff cryptocurrencies.