GRAFT​ ​| PROCESSING OF CRYPTOGRAPHIC PAYMENTS WITH POS SYSTEM

in cryptocurrencies •  7 years ago  (edited)

POS: DETERMINING FACTOR FOR COMMERCE

The business man has always tried to get the most out of his company. For this, it uses innovative marketing strategies, customer loyalty rewards, avant-garde advertising, as well as buying and selling systems that offer dynamism to the negotiations.

The intention is one; find a way out of the stock of products quickly and supply the store with new merchandise to establish your brand and lead the market.

The most common forms of payment are made with cash, debit or credit cards, prepaid cards for food, checks, even in some cases with promotional coupons.

The idea is to provide the client with an easy way to spend their money and provide the necessary channels so that they can make their payments satisfactorily.

Currently, many people accumulate Cryptocurrencies as a way to obtain a financial asset quoted in great value and that is not subject to sharp falls or devaluations, as in the case of fiat money.

Until now, the form of payment with digital currency is not widely accepted in traditional stores; a situation that can change drastically at any time.

Let's imagine a society where all commerce admits the cancellation in Cryptocurrencies, where you can pay for the goods and services with the tokens that people earn when investing in BlockChain, by participating in specific works of a specific platform, when receiving prizes of contests or games, when participating in any ICO, when making exchanges in digital banking, among others.

This is precisely what this issue is about. The creation of a decentralized form of payment where the Cryptocurrency plays the main role and makes more practical the way of paying day-to-day consumption while establishing itself as the financial activity of the future throughout the world.

GRAFT is a free platform based on BlockChain which is oriented to the processing of cryptographic payments through the POS point of sale of the stores.

It contributes to the massive acceptance of Cryptocurrencies on a global scale.

The reasons for its launch include the need to streamline commercial activities, increase sales volume and reduce transaction fees.

POS (Point of Sale) is a payment system that allows transactions with debit or credit cards through a bank terminal. The payment is electronic and reduces the handling of physical money which adds more speed to the transactions, better experience for the user and avoids the congestion of the shops at the time of purchase.

Merchants feel favored by including GRAFT in their business; this produces satisfaction for both parties since on the one hand we have a merchant with a prosperous business and on the other hand a conforming client, who acts as a propagating agent of information, attracting more and more users to the chain.

This promotes the use of cryptocurrencies as a form of payment and introduces a new method for transactions that manages to change the current market.

The POS system is of great importance because if we look carefully, GRAFT is due to this to be able to start working. The point of sale becomes the vital support tool for the installation of GRAFT in the commercial area.

GRAFT ENTERS THE MARKET

The acceptance of Cryptocurrencies in shops has brought a series of problems to merchants and users. Establishing a transactional rate according to the needs of the client and the merchant is a task that seems impossible; if we realize the client can have a variety of Cryptographic of their preference and each one has a different value for the change.

Hence, there is a large transaction delay, even more so when the merchant demands a specific cash denomination with which he manages his business. Usually it would be the local currency of the country that inhabits.

There are other problems related to the incompatibility of conventional software or hardware, where sometimes the merchants end up paying a large amount of money to update the POS system, as well as any other digital or mobile means which they use to accept payments in Cryptography.

All this coupled with the volatility of the stock market makes traders worry more than convenient and wonder if processing foreign currency in your business will be something profitable.

GRAFT offers a multiple solution; since through its innovative software it easily integrates to the existing POS systems, it can store different types of currencies in a portfolio, it can make Exchange if the trade demands payment in cash, you can use Daft GRAFT from your smart device anywhere that you are, the service is public and free, with minimum interest rates, also fast and with real-time answers.

The GRAFT system contributes to the adoption by businesses since its interface is easy to understand. In addition, people who decide to join can have advantages, generate additional income by being part of the authorizations, exchanges or maintenance of network gateways.

The introduction to the market of a new product always has to have benefactors and detractors, in spite of this GRAFT seems to be full of advantages and points in favor. This occurs because people begin to understand the nobility of the Cryptocurrencies as a potential accumulator of values ​​and in turn the dynamics of trade in the world for some time waiting for an innovation that makes them return to the course of their actions; GRAFT seems to be made to order.

GRAFT PRODUCTS AND TECHNOLOGY

GRAFT offers a wide range of products which it has in operation in its main network which is active since the successful launch of its ICO (Initial Coin Offering).

Adapted according to the role played by each user, always thinking that the commercial area is free and each dealer is projected according to their possibilities, this includes:

  • Dimensions of the store
  • Own or rented premises
  • Peddler
  • Physical store
  • On-line shop
  • Shared property
    Among other types of commerce.

GRAFT offers GRAFT MOBILE POS, ideal for small merchants that do not have a point of sale terminal or point of payment; or who wish to increase their Fiat point of sale with the installation of a Cryptographic point of sale.

The Fiat point of sale allows exchanging tokens for fiat money, these usually must be of type ERC20 compatible with Ethereum platform.

However the proposal of POS MOVIL GRAFT includes all types of tokens which become the type of cash denomination that requires the owner of the premises according to their administration, all without setbacks or long waiting periods for the conversion.

We have the GRAFT WALLET App, a wallet application created especially to work with GRF. It makes it possible to set recharge parameters through custom commands that include conversion to other currencies, transfer of convertible money to credit cards and also to GRAFT tokens. A multipurpose wallet that meets the expectations of the average user.

Remark: These applications are still in test mode, therefore they are subject to changes that may affect their operation.

Emphasizing the two aforementioned applications, it should be noted that an establishment can significantly improve its experience by making use of both tools. On the one hand, it would attract customers who would be attracted by the POS Mobile GRAFT service and the advantages it would bring in terms of lower rates, higher transaction speed and access to exchanges with the main Cryptocurrencies. In the same way with GRAFT WALLET, the merchant would join the digital currency administration in an effective way starting an economic system in Cryptocurrencies that would allow him to capitalize and promote new mercantile initiatives.

GRAFT contains comes with the IOS operating systems of APPLE and ANDROID the two main operating systems currently used in the world; compatible with iPhone, iPad and iPod touch.

In addition, GRAFT Network offers network compliance to local laws and regulations, cross-border payments, embedded business tokens and loyalty programs, automatic currency conversions, flat-value tokens, and opens a person-to-person credit.

This places GRAFT with state-of-the-art technology to be inserted in today's society where intelligent equipment offers a wide variety and is more attractive to the user, aiming at the massive consumption of the product.

GRAFT: MORE APPLICATIONS, MORE COVERAGE

It's time to talk about GRAFT Cryptofind. It is an application based on diagrams, maps and graphs of cities and localities where you can locate sites with active sales points associated with the GRAFT system. Using navigation with GPS system indicates the critical route to access the places, as well as other related signals so that the user is made easy and comfortable to opt for the GRAFT system in a timely manner and without delays, from anywhere and at any time .

The system provides valuable information about the shops and allows updating the status of the store by the owners, making the system permanently renewed, offering the most accurate information, in this way the users manage to find the specific sites and can form logs. that allow you a pleasant experience with the GRAFT Cryptofind application where you can plan how to use your Cryptographic.

GRAFT Terminal Integration

GRAFT It is integrated into the payment terminals Verifone and Ingenico with the installation of an application in the terminal of your property which has no cost since GRAFT is decentralized and its purpose is to be integrated as an aid for trade acting non-profit .

Ingenico and Verifone are companies characterized by offering secure electronic transactions, based on the manufacture of security and encryption software for merchants and payment terminals, aimed at satisfying customer demand and trade worldwide.

Commonly the payment terminals are used for cancellations with debit and credit cards, so to introduce the Cryptocurrencies in the field of POS transactions should be easy and familiar to companies and the general public.

GRAFT RTA Authorizations

The authorizations in real time are those functions of the computer systems that must be executed irrefutably within a certain period of time. The deadlines should be strictly adhered to and the delays would be intolerable.

Broadly speaking this is what defines RTA (authorizations in real time). GRAFT seeks the feasibility of the transactions seeking to authorize them instantly.

The customer pays with his favorite currency and the merchants receive settlement in their currency of convenience.
With the GRAFT RTA system, authorization transactions and / or withholding of payments are possible since their software allows it and the advanced technology of the authorized points of sale supports this combination of operations without setbacks.

The GRAFT RTA will work by implementing a two-layer network with supernodes (selected at random based on stake levels) confirming and validating transactions and exchanges in real time.

It is my desire to share this personal experience below, based on the introduction of the GRAFT cryptographic payment processing system in my own business, I also let you see how it has favored me in such a short time:

User case:

I have a small business of computer items located in an area of ​​great commercial competition. From the beginning it had been difficult for me to position my sales and have an acceptable cash flow, customers required quick transactions and were not willing to waste time in long queues for cancellation. Usually the payments are made with credit cards and I see the need to charge a price increase of up to 25% of the investment, all this to compensate the bank fee that I must pay for the use of the point of sale. I started accepting payments in Cryptomonedas to provide a facility to my clients and save them time, this would also allow me to face the great commercial competition; but in the same way I had an inconvenience, since I needed an efficient internet connection and in the place the service is terrible, added to the problems of conversion of currencies according to the type of token that the client would use. That is how I came across GRAFT, a revolutionary system that allows me to use the payment terminal of my business to carry out transactions, eliminating delays due to the fall of the Internet, since it is based on the fiber optic line used by the telephone company. The payments are in real time accepting the main Cryptomonedas and I no longer had to recharge for additional fees for credit cards, thanks to the fact that its decentralized system is free and of free public access. Quickly my business began to take boom in sales and my clientele increased considerably, leaving a satisfaction to both the buyer and the seller, also my income is higher thanks to the effective payment system offered by GRAFT.

For more information watch these videos:

Here's my post for the GRAFT contest
organized by @originalworks

Thanks:
@graftnetwork

Visit in Twitter:
https://twitter.com/addverso/status/1019430041715990534

Contest information:
"Here"
graft2018

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Very great post @nachomolina
Even if its easy to use like the credit and debit card.
My question is, since there is always a quick rise 💹 or fall in the value of cryptocurrency, dont you think this is a very big disadvantage and if you do how can this be solve, i wonder if anyone has a Solution to it.

Nice write up again @nachomolina
Cheer @ogt

Loading...

@poetsunit
A thousand Thanks I appreciate your support ...

I am proud to have been taken into account by you!

Bro, i can't say more than telling you that irrespective of the result of this contest, this piece right here is a masterpiece and i can only say you have done well to put up this well detailed review... Reading this post made me felt like i am reading a post by @surpassinggoogle... Goodluck @nachomolina

My dear brother! @deeclown

I am proud of your honorable words.

Thanks for evaluating my work. This community grows every day thanks to people like you!

Every day I learn more based on the knowledge of all of you, many have more experience in Crypto than myself and I try to nurture the great quality of their publications.

I am studying Crypto with great enthusiasm and thanks to your support I now have a new motivation.

Additionally I want you to know I am interested in entering to:
poetsunited (sponsored by
@poetsunit); since I practice writing a lot and would like to contribute to that community ...

THANKS FOR ALL @deeclown
I hope not to lose contact with you ... Bye my friend

Nice entry mate. Good luck with the contest. :)

Hi @mazzle!
Welcome to my blog...

Excelente!

I enjoyed how you focused on small business.

Hi brother!

Thank you for visiting my blog!

My main focus is towards small traders and new entrepreneurs.

I believe that with GRAFT they can establish themselves in record time and be at the height of commercial competition ...

I have an article store for PC and the processing of Cryptographic payments has favored me.

FRIEND YOUR SUPPORT IS VALUABLE AND ALSO YOUR COMMENT!

YOU ARE WELCOME TO MY BLOG ...

Sincerely.
@nachomolina

love to see crypto applied to real goods :)

Friend!
Thanks for reesteem my post ...

You're very kind!

Good morning @nachomolina

It's interesting that there is more and more cryptos and ICO's that are aiming to become new payment leader in blockchain industry.

Graft seem to be quite solid but it's just hard to imagine how challenging it will be for them since competition is so fierce.

Yours
Piotr

If you are absolutely right!
because the competition is incredibly big
and imposing the brand becomes a challenge.

But its software associated with POS point of sale terminals is your point in favor, that is your best ally ...

It contributes to the consolidation of Cryptographic payments in the stores, reduces the rates for the use of credit cards, decongests the stores, accelerates the transactions, generates confidence and preference, etc.

That is exactly what will support the value of your token over time. Recall that the user's preference, acceptance, consumption, exchanges and faith is guaranteed by the stability of the cryptomoneda.

I believe that in the end the advantages are greater ...

thank you for this amazing reply @nachomolina

Welcome to my blog @crypto.piotr!

My good friends are already approaching!

How well you have pleased my response! every day I study more about Crypto to expand my criteria ...

knowledge is the best investment you can do :)