The global adoption of cryptocurrencies is not forthcoming, at least not as fast as it ought to, due to the fact that there are limited systems to facilitate its use in our everyday lives.
Currently, it is difficult and impossible even to make payments for products and services simply by using cryptocurrencies as a result of varieties of challenges confronting the industry.
Some of these challenges are…
The absence of reliable systems to handle cryptocurrency transactions, seeing as it is not very easy understanding the Blockchain and using it to carry out payment operations.
The price volatility of cryptocurrencies is bound to change anytime, making it difficult for merchants to receive payments in crypto, as the value could change before it gets to the merchant.
Little or no regard for the affairs of the users is another challenge as most systems who provide crypto payment services are often profit oriented, so they end up charging exorbitantly high for any transactions carried out on its system.
All these and a lot more are the reason behind the slow adoption of cryptocurrency as a medium of payment, therefore a reliable solution is needed to make this age long dream of a cashless society a reality.
AMEPAY IS OFFERING A RELIABLE SOLUTION
Amepay is a cryptocurrency payment solution that is designed to simplify the process of making payments with cryptocurrencies.
It understands the need for a reliable system which will facilitate digital currency payments in our everyday lives, so it came as an answer to that prayer by utilizing the Blockchain technology to make cryptocurrency payments to be less tedious and fast.
Amepay achieves this by eliminating all the challenges which have hindered the global adoption of cryptocurrencies as a medium of payment, as it provides the infrastructure which will make this new found payment system to be efficient both for users and merchants.
WORKING CONCEPT OF AMEPAY PAYMENT SYSTEM
Amepay makes use of the revolutionary Blockchain technology, the Ethereum Blockchain to be precise, to facilitate cryptocurrency transactions, giving merchants the opportunity to digitize their entire system.
With the Blockchain processing cryptocurrency transactions, on-the-spot payments could be carried out in cryptocurrencies without wasting much time as the technology facilitates speedy operations.
It eliminates the problem of complexity with the Blockchain carrying out operations in a very lucid and reliable manner, at the same time reducing the cost of operations, seeing as it completely eliminates the presence of middlemen in the system.
As for the price fluctuations which have been making it impossible for crypto payments to take effect, Amepay takes care of that with its improved techniques by regulating the supply of the AME token as well as providing liquidity, which will make for the efficient conversion of the asset on time, making sure that its users can conveniently make payments anytime without having to worry about price rise or fall.
Amepay has also helped merchants of different products to go digital where they will accept cryptocurrency payment for goods and services, making it possible for users to get the services they require from any merchant without limitations.
Now users can easily make crypto payments on the user intuitive system provided by Amepay, and have every transaction executed efficiently with the help of the Blockchain in a swift, transparent and cost efficient manner.
FEATURES OF THE AMEPAY CRYPTO PAYMENT SYSTEM
Decentralization is one of the many great features of the Amepay system, as it is open to every user and merchant who wishes to experience a seamless payment solution and its use of the Blockchain makes it impossible to be controlled or manipulated by anyone.
Aside from being user-friendly, the Amepay crypto payment system is transparent as it keeps the record of all transactions on the immutable Blockchain in such a way that they are viewable whenever need be, this will ensure that the users are well aware of how transactions is carried out on the system.
Reduced cost of transactions is another attribute of the Amepay platform, where users can make different payments with their cryptocurrencies, at a negligible fee since it has removed the middlemen who previously made transactions expensive.
The users of the Amepay system also get to enjoy the reinforced security offered by the system through the help of the Blockchain technology and its fully functional cryptocurrency wallet, all of which makes it impossible for the user's assets as well as personal information to be breached.
THE TOKEN
The AME token is the native cryptocurrency of the Amepay platform, which has been designed to facilitate seamless transactions on its system.
AME token is an ERC-20 standard token built on the Ethereum Blockchain to give users the ability to make payments within the Amepay system.
CONCLUSION
Amepay crypto payment system is the solution that the world has been craving for, which will employ improved technologies and techniques to give users the liberty of making payments conveniently with cryptocurrencies.
Amepay once fully embraced, will definitely lead to the global adoption of cryptocurrencies.
For more information on this amazing project, click the links below;
Website: https://amepay.io
Whitepaper: https://amepay.io/static/theme-assets/whitepaper/amepay-whitepaper.pdf
Telegram: https://t.me/amepay
Twitter: https://twitter.com/ame_pay
Facebook: https://web.facebook.com/Amepay-114622167001761/
LinkedIn: https://www.linkedin.com/company/amepay/
Medium: https://medium.com/amepay
AUTHORS DETAILS
Bitcointalk Username- Heroalt
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2768763;sa=summary
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Trade on all cryptocurrency exchanges from one interface! - https://kintum.io/
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