Cryptoresources and cryptoplat decisions can be made in ordinary, existing payment networks and become less dependent on issuers. It also reduces the burden on traders working with multiple networks, interfaces and management / negotiation systems by having a single consolidated front-end system.
merchant class
Merchants who want to accept non-cash payments will no longer have to participate in the slow and expensive process of finding and Contracting with various intermediaries who charge for each transaction and provide only a limited range of payment methods.
Merchants will have quick and easy access to all payment methods in the HAZZA network, saving costs and getting increased revenues from wider access to payment methods.
The simultaneous Hazza technology will also make it easier for any merchant to accept both online and offline payments, supporting "O2O"strategies.
Synchronous technology HAZZA will also facilitate any merchant the ability to accept online payments and offline payments, supporting the strategy of "O2O" using a single public API.
Payment method providers
Payment method providers will no longer be forced to compete in a closed and fragmented market dominated by some payment methods in an attempt to gain wider acceptance, which is costly and time-consuming.
In the Hazza network, payment service providers are free to compete on the merits of their product and have direct access to sellers and other users.
Payment networks, issuers and purchasers
Existing payment networks, issuers, purchasers and card schemes can use the decentralized HAZZA network and global reach to reduce their capital costs / OPEX and consequently expand their reach in developing countries or create additional functionality in existing markets.
Value-added service providers
The HAZZA network allows various parties, such as Point of Sale, EFT terminal, FX, KYC and new new service providers, to have direct access to the participants of the payment ecosystem, to stimulate innovation and new economies.
HAZZA POC Contest UID 1023606105
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