The payMe Pay Token Ecosystem is a decentralized payment solution for e-commerce sites

in #gaming2 years ago

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This solution enables merchants to accept digital currencies and accept them in their stores. Unlike existing payment gateway providers, the payMe Token allows users to transact securely, while also providing them with a mobile wallet and unified rewards system. This is a unique solution for e-commerce websites, as it gives them all the convenience of a physical store, but also eliminates the hassles and hurdles of processing payments.The payMe Pay Token Ecosystem uses blockchain technology to enable banks to control the entire transaction chain. This system replaces traditional shared secrets, a method of transaction security that predates the digital age. It enables financial institutions to take control of the entire transaction chain. It enables banks to earn new revenue streams and collect valuable customer profiling data, and eliminates the risk of fintech disintermediation. Based in Silicon Valley, the company is quickly expanding internationally to meet customer demand.

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The PayMe Pay Token Ecosystem is a distributed digital currency payment gateway and is easy to implement

It lets customers pay with ARAW virtual currency and merchants accept the cryptocurrency. The Token ecosystem utilizes the Ethereum Blockchain for peer-to-peer fund exchange, making it a highly flexible platform for banks and other financial institutions. The payMe Pay Token Ecosystem is headquartered in Silicon Valley and is rapidly expanding internationally.The Token is designed to integrate seamlessly with existing banks' infrastructure, eliminating the risk of disintermediation and enabling banks to issue value-added services while maintaining ownership of customer profiling data. It also offers the banks the opportunity to reduce time to revenue by issuing tokens to merchants, users, and investors. The payMe Pay Token Ecosystem is managed by serial Silicon Valley technology entrepreneur Steve Kirsch.

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His CTO was previously Global CTO of Citigroup.

The payMe Pay Token Ecosystem will be a platform for merchants to receive payments using their prepaid cards
Tokens will allow users to make payments in different ways, with the benefit of a seamless experience. The ecosystem will have several components, including a mobile wallet, event organizer, and merchants. The EMVCo will also provide the underlying technology for the eMerchants and consumers.EMVCo is the technical framework for the payMe Pay Token Ecosystem. By adopting this framework, all participants in the ecosystem will be able to process a transaction using their EMV payment cards. The EMVCo will define the technical requirements for the payment ecosystem. The EMVCo aims to provide security, a commonality across the payment ecosystem, and differentiation. Moreover, the EMVCo will allow the eMerchants to continue using the existing payment infrastructure.

The payMe Pay Token is an open-source software for payment

EMVCo's Technical Framework enables the creation of Payment Tokens, deployment, and management. The EMVCo Technical Framework allows developers to develop and deploy the Payment Tokens while maintaining compatibility with existing payment infrastructure. EMVCo also minimizes risks associated with compromised PANs. It is a complete ecosystem that enables digital commerce. This is a great solution for e-commerce companies, as it allows them to integrate with various e-commerce platforms.It allows merchants to implement features for their customers. For example, tokens can be stored in databases and fetched to complete payments in a fast, friction-free manner. Furthermore, it is possible for a Merchant to offer installment and recurring payments using the PayMe Token. It can even facilitate refunds.

Conclusion

Tokens are secure because they have no sensitive information about cardholders. It is also more secure because they are not suspended by fraudulent transactions. They can only be redeemed by a merchant that accepts the tokens. In addition, it is possible to create multiple wallets with the same Payment Token. This solution also provides more flexibility and security for consumers. There are a few key differences between the two platforms.In addition to being a secure payment method, the payMe Pay Tokens can also be used to make payments. Whether an individual is making purchases online or in a store, the process is secure, and the user can also be authenticated by verifying their identity. In addition, the payment processor will also be able to monitor the transaction. Once the payment is complete, the tokens will be automatically updated.

Hashtags: $payme #gaming #p2e #trivia

More Information
Proof of Authentication:- https://bitcointalk.org/index.php?topic=5385069.msg59352215#msg59352215
Project's website: https://payme.games/
Twitter: https://twitter.com/paymequiz
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Whitepaper: https://payme.games/whitepaper
Linkedin: https://www.linkedin.com/company/paymequiz/

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