A new form of digital currency has been introduced in 2009 by the name of Bitcoin. The aim was to create a financial system that will be fully decentralized and can bypass traditional bank involvement. After that, we have seen many cryptocurrencies which are also known as alts. This also became very popular among the community after 2013 and the price of bitcoin just increased after that. There are many reasons why people like to use cryptocurrency. Crypto is fast and less time consuming, Its transaction cost is cheap compare to the traditional banking system, It can be used globally which means a borderless transaction.
Online payments have been a very convenient way of making transactions in daily life. We can pay our bill by using an online payment system from distance. That makes our money exchange fast and consume less time. So today I am going to talk about another online payment system that offers a simple solution by integrating blockchain technology. I will talk about What amepay is, Their native token AME, its utility, and the team behind the project.
What amepay is?
Amepay is an online payment system that offers and simple and secure infrastructure for users and merchants both. They offer various features like cross-border payments, Multiple payment gateways, Privacy protection, Loyalty rewards program, etc. They have issued their own native token called AME which has multiple use cases.
The utility of Amepay.
Amepay is a flexible online payment infrastructure. It can be used in various ways.
For Remittance: In traditional banking system people needs to pay certain fees and pass some regulation to make cross border transaction. But through Amepay people can transfer funds not only between individuals in the same country but also from abroad. This can be done with a very low transaction cost.
Ecommerce: Amepay already contacts merchants all over the globe. Amepay is one of the perfect cryptocurrency that can be used in any online eCommerce site for payments and other transactions. Its elegant and simple interface and system allows any kind of users to use it.
Offline store: Amepay can also be used in any Offline store. Like other fiat currency, it can be used for making payments for goods and other stuff. An advantage of using it is there will be no 3rd party like a bank that will freeze your accounts. So you can make payments anywhere any amounts.
Why we should use it?
There are many advantages to using Amepay.
1. Amepay charges very low fees only 1%.
2. Multiple payment methods can be used like crypto-to-fiat, crypto-to-crypto, etc.
3. Provide a better inventory and database management system for merchants.
4. Provide software and hardware support for merchants.
5. Can be used for Remittance.
6. Can be used in the global marketplace.
7. Offer a better loyalty rewards program.
The team behind the project.
Conclusion: Amepay already has partnered with many reputable e-commerce sites and online payments companies. This project offers a better solution for online transactions at a low cost at the same time better security. This project has already got a big community supports and we are expecting it to grow rapidly.
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