Blockchain
IPOSUP.com Aims to Improve Cash Flow of Micro-Businesses Via Instant Settlement of Card Payments
ECASH Account lets merchants access card takings in seconds!
LONDON – 10th September 2020 – IPOSUP.com expects to launch pre-Christmas 2020 a new ECASH Account card payments settlement service for UK businesses. The new product based on blockchain ledger technology helps to solve one of the biggest challenges small businesses face: Managing cash flow.
IPOSUP.com is launching pre-Christmas its Android phone based “IPOS bric” and “IPOS soft” products to make accepting cards simple, fast and affordable for micro-, small- and medium-sized businesses. Businesses (including new start-ups) can download and register on its free Google Play Store ‘iposup.com’ app. With the launch of ECASH Account, sellers can get their money into their ECASH IPOS WALLET account in seconds, 24 hours a day, whenever they accept card payments. The money can then be transferred into their own bank accounts within 30 minutes or the following day, seven days a week.
Dr Chandra Patni, CEO of IPOSUP.com said: “Major pain point for micro businesses is cash flow. Our products are all built to provide fast instant access to card payments processing funds to help businesses of all sizes remain liquid in current times of Covid19 crisis. We believe our merchants should have the ability to access their card payments money as fast as possible, so we’re excited to provide this new blockchain powered Instant ECASH Deposit service to businesses across the UK. This IPOS WALLET account also allows person to person ECASH transfers in seconds.”
Speed is a hallmark of IPOSUP.com IPOS WALLET app services. Businesses will use IPOSUP.com mobile IPOS WALLET app and get their money instantly into their Instant ECASH Account. With the launch of ECASH Account, sellers can now click a button in the IPOS WALLET app to get their funds transferred to other IPOS WALLET holders instantly or into their bank account within 30 minutes or the following day. All they need to do is self-register in the app providing user details and link their bank account to their IPOSUP.com IPOS WALLET account.
IPOSUP.com offers competitive, flat fees of 1.3% when taking in-person payments. Sellers using ECASH Account will be charged an additional 1% if they want their Bank withdrawal transfer to be immediate, within 30 minutes or no charge if the Bank transfer is set for the following day.
Dr Patni said: “Many micro-merchants trade on Fridays and at the weekends, and have to wait until the following week to get hold of their card takings and as business is often around 50 to 70% card payments, waiting for that money really affects business cash flow particularly at weekends. With ECASH Account and immediate bank transfer withdrawal, businesses can get money straight away, 24/7, and put it right back into the business.”
Small businesses who want to find out more about ECASH Account can check out on IPOSUP.com website.
About IPOSUP.com
IPOSUP.com is the HCE Service Ltd, UK secure and exciting mobile POS payments service aimed at micro-merchant customers throughout UK and EU Europe with the aim that their Android smartphones downloaded with the mobile IPOS WALLET app can process chip and PIN and contactless NFC mobile payments at the Points of Sale.
Our state-of-the-art hosted infrastructure provides high-availability 24-7 PCI-DSS payments processing services. Our SWIM (Software Wireless Identity Module) solution provides strong cryptographic security for our IPOS WALLET services on mobile devices. Our MAP (Mobile Application Platform) host provides the most advanced HCE EMV card/token issuance payment service for most card/token issuers.
For more information, visit: http://www.iposup.com, http://www.iposwallet.com and http://www.hceservice.com.
Contact: Dr Chandra Patni, [email protected], +447947551428
Source: RealWire
Blockchain
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Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users
The post Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users appeared first on News, Events, Advertising Options.
Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
BRICS vs. USD: Blockchain’s Role in Economic Shifts
The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
Source: CoinGeek
Hungri Games Expands MetaHorse Unity to Base Blockchain
Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.
Source: CoinTrust
Nano Labs Purchases Trump Tokens to Celebrate Presidency
Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.
The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
The post Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity) appeared first on News, Events, Advertising Options.
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