What You Need To Know About NUPay Crypto Payment
NUPay is a project, which aims revolutionize the way you pay. They are creating an e-card, where you can store all your cards (credit, debit, reward cards and vouchers) in only one card. And on top of that, they will be also integrating cryptocurrency, so you can pay in real stores by using the NUPay card.
The Team Process
The team takes what it learned in the process of successful development and upcoming launch of the application, which will hold on first week of July and adds the integration of crypto currency. Source: AppLaunching NUPay combines expertise in payment solutions and blockchain technology with technical know-how in software and hardware development.
The card is a smart device that can store enough Crypto-currency, can hold up to few debit / credit and bonus cards. There is a two-factor authorization (2FA): the PIN code on the card itself and the password in the NUPay application are involved
NUPay Ecosystem
The NUPay Ecosystem provides real-time exchange between crypto and fiat currencies. This means that you can now bridge the gap between your online wallet and the one in your pocket.
Select the crypto you want on your NUPay Card. Then see your account balance and real-time conversion ratio in fiat currency (conventional).
Submit your Card to Merchant. The merchant then inserts your NUPay Card as usual and the POS terminal sends a request to the respective Issuer. The publisher directly checks your account with sufficient fiat funds through the Exchange. If there are sufficient funds, then the payment is authorized. If not, then the payment is declined. The merchant accepts the payment authorization and the payment has been completed. You then receive a courtesy purchase summary through your NUPay Purse.
How Does The NUPay CARD Work
Step 1:
The user is expected to download the NUPay Wallet and set up his/her account.
Step 2:
The user can then take his/her NUPay card to any shop {Offline or Online} and make purchases by selecting any cryptocurrency of his/her choice using an in-built button on the NUPay card.
Step 3:
The user is then presented with their cryptocurrency balance alongside the fiat value which is given according to the real-time exchange rate.
Step 4:
The user then hands over his/her NUPay card to the seller who is expected to swipe it for payment of goods and services.
Step 5:
The merchant then receives payment feedback accordingly and payment is complete.
These are basically the easy steps that NUPay has developed to help anyone from any part of the world make payment for goods and services using their crypto assets.
How can we facilitate its function through mobile phones
This NUPay Card allows you to store, receive, send and also spend tokens. Also, it will be possible to manage different cryptocurrencies, exchange them, monitor all transactions and monitor account balance on the card via mobile phones. Actually according to my option, NUPay Card; the revolutionary, cryptocurrency all in one payment Card has many of undeniable advantages.
Advantages of NUPay Card
It has the ability to minimize all your financial losses.
It has a special security code that can protects its confidentiality. The developers have taken the necessary steps in order to enhance its security aspects.
Without any restrictions you can convert, exchange and replenish both digital and fiat assets.
It has the ability to make payments anytime and anywhere.
The NUPay card connects to the NUPay wallet, and together they function as a hard purse private key store. Fragmented secret keys are encrypted and stored between NUPay Card and NUPay Wallet files. This two-factor authentication process is a very important element, since it helps to minimize fraud.
As a concentrator for the NUPay card and account management, the NUPay wallet allows users to store, spend, receive, and transfer digital and fiat currencies. The NUPay wallet is also presented as an application for Android and iOS smartphones.
The NUPay exchange will allow the customer to pay any purchase in any currency (fiat or cryptocurrency) to the NUPay card without even thinking about exchanging. Exchange at the market rate will make for it the exchange NUPay.
For more information
Token Name: TPCT
Platform: Ethereum
Total token Supply: 2,500,000,000 TPCT
Token Price: 25,000 TPCT = 1 ETH
ICO price: 40,000 ETH = 1,000,000,000 TPCT
Soft Cap: 500,000 TPCT
Hard Cap: 1,000,000,000 TPCT
Minimum Investment: 0.1 ETH
Author name: Yetundefas
Eth address: 0xB6a101a1A827141deb9090C2fAE24d62a8aCc6c1