What problems does OKGlobal Coin & SWITCH solve and how does the coin profit?
High merchant card processing fees & long account reconciliation times Problem
Issue 1:
Trillions Of dollars are moved yearly by means of card installments from clients to traders and expenses are normally 1 to 3% of the sum charged and incorporate a for each exchange charge of between .05-.25 pennies. Numerous organizations month to month benefit is just a few rate focuses, expecting they are benefitting by any means. Buyers are regularly charged additional charges as well as require least buys. Arrangement: OK Global has no per exchange expense and just 0.1% charge. 1/tenth to 1/30th of current rate rates with ZERO for each exchange cost conceivably saving U.S. purchasers and organizations alone billions every year from charges.
Issue 2:
Funds are not saved/accommodated into trader represents a few or more days, along these lines tying up assets that could be utilized for ordinary operational costs. For instance, an eatery that requirements to pay finance or purchase more supplies to offer to clients should stand by until the card handling organization accommodates with the café's ledger. Arrangement: "Assets are accessible momentarily in OK Global coin or nearby fiat to shippers account."
Issue 3:
Merchants are needed to rent or purchase card preparing hardware and have a telephone line devoted for the machines. Frequently organizations will have about six machines to oblige each type of card installment. Arrangement: "Alright Global has no hardware, no month to month least charges. Installments will be immediately handled through a client's free telephone application by means of SWITCH stage." OK Global Coin takes out ALL vendor card preparing issues.
Problem. 4:
The increasing inflation rate have an effect on the economy .The purchasing power of people and the value of money both keep decreasing. Unlike few decades ago when money value was guaranteed by gold and silvers. With OK Global Coin Switch (a participant owned financial services and investment platform) where anyone can access online or at local OK Global Coin Switch banking and service centers. Where they issue a currency known as OK Global coin.
OK Global Coin is guaranteed and grows because they reinvest profits from
. Payment processing
. Financing
. Currency exchange
. Investments
Apart from it one can purchase the coins and can trade his Global Coin for FIAT CURRENCY anytime and his investment is guaranteed to increase years after years. OK Global Coin can also be used to purchase things one likes .With OK Global Coins anyone can invest and their investment is is not locked in, they can spend OK Global Coin just like they did with their cash and watch their investment grows.
With OK Global Coin everyone is a WINNER
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Eth Address: 0x0A5E585d05b868baCBB6EFB84170aBdE8aA9895a