INTEGRATION OF TEMTUM INTO POS PAYMENT SYSTEM

in temtum •  5 years ago  (edited)

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Temtum team so much belive in the fact that they have the technology to cause a global adoption of blockchain technology and they really do have the technology for that. One of the way they can gain massive adoption is to introduce blockchain into point of sales, there by creating an easy process for online consumer retail purchases through alredy existing mobile payment networks.

The point of sale is virtually the time and place where a retail transaction is made. The POS is the place and time when money and goods change ownership. For most retailers that usually is the register. Over the years POS has increased to a great extent for retailers. The traditional POS system just invloves some limited functionalities limited to physical cash register, basic inventory and credit card processor. Blockchain technology is coming as an improvement of the traditional POS system. The integration od blockchain payment system will make the regular POS features capable of accepting crypto currencies that will be beneficial to the retail stores and this benefit its extended not just to the merchants but also to the consumers. With the awesome features that crypto currency possess in terms of speed, feeless transactions, security and scalability, It is so evident that cryptocurrency will be the future of payment and temtum has to postion itself as a crypto project that will drive this adoption and vision of the entire cryptocurrency ecosystem, deployment of Temtum POS integrated system is highly anticipated to bring blockchain-enabled payment technology to the mainstream, while keeping the transaction smooth, seamless and cost-effective.

The Temtum Mobile POS Payment

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Temtum goal is to see that blockchain technology gain the adoption it deserves. Temtum wishes to see that majority or online merchants adopt and use their crypto currency in their daily day to day activities. There by creating a seamless process for consumer retail purchases through existing mobile or even contactless payment networks. Temtum users with temtum wallet will have the opportunity to buy with the aid of conventional payment network.
Unlike other payment method, with temtum one can make a transfer of the currency without any transaction cost. Users can also carry out peer to peer payment between themselves which can be carried out instantly. The conventional system of payments might take days or even weeks for the payment to be processed, but Temtum provides all this instantaneously. Temtum Will be the one network that will integrate real world payment system effectively. Temtum believe that it can cause the usage of Temtum network in the day to day payment method, thanks to its super fast network and robust and scalable network users can comfortably spend their TEM coin in their conventional economy seamlessly .

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Temtum intention is to create a system that any user that has a temtum wallet will be able to make various purchases using conventional payment networks maintaining high level of transparency while temtum will still maintain its high end unique standout features.

CONCLUSION
Temtum plan is to see that its crypto coin be utilise as a major means of payment systems, the direct result of this achievement will see the growth of crypto popularity and adoption.

For more information visit:

WEBSITE: https://temtum.com/
TELEGRAM: http://t.me/temtum_official
WHITEPAPER ON ENGLISH: https://temtum.com/downloads/temtum-whitepaper.pdf
FACEBOOK: https://www.facebook.com/wearetemtum
TWITTER: https://twitter.com/wearetemtum

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