INTRODUCTION
The most acknowledged revolution that has took place in the world today is the invention of blockchain and cryptocurrency. This new technology disrupt the traditional system to a modern decentralized ecosystem. The cryptocurrency in the other way is replacing the traditional curency, changing the way money are been handled and ways of processing it. Some of its features that make it be the talk of the town is that it is very secure, no regulations governing it, easy to transact and so many others.
However, despite the glorious features of cryptocurrency, many people are yet to adopt it; in sort many don't know how to implement it into their system nor know how to use it. Though is never their fault, but the truth is that this new invention still lack adequate infrastructure to back their functions.
A platform called Paytomat has seen the loopholes around cryptocurrency and they took the task to make the uses of cryptocurrency come to reality.
WHAT PAYTOMAT IS ALL ABOUT?
Paytomat is a platform aimed to motivate or encourage people on how to use cryptocurrency in different kind of businesses. In a nutshell, it is a platform designed to incentivize the transactional usage of crypto through a decentralized network of point-of-sale terminals.
WHY PAYTOMAT?
Many people acquire different tokens and store it in their wallet or they trade the token in an exchange but many don't know how or where to use it. Paytomat want to change their motive and shows us how we can use cryptocurrency as a payment options in our daily businesses. Paytomat project will make life more easier again and I believe this will open the eyes of everyone the need to adopt the uses of cryptocurrency.
FEATURES OF PAYTOMAT
Paytomat primary assignment is make cryptocurrency a payment instrument and providing all necessary infrastructure that will make aims come into reality.
Below are some of the platform features:
- Paytomat Core
The Paytomat platform comprises of many APIs that merge different database and processing server together.
Payment Processing Gateways
This is working in line with the Paytomat’s core by interpreting the business logic of the payment partners.Multicurrency Wallet
The Paytomat platform has a wallet that can accomodate different kind of coin and tokens where people can be sending and receiving their crypto assets.
WHERE CAN WE USE PAYTOMAT
Point Of sale
The Paytomat platform can be use at point-of-sale with its designed software which will be use to create invoice, receipt and others associating with billing system.The platform can be used for E-commerce services where people can other for shopping through their system and make payment through the Paytomat system.
The Paytomat platform is used in social media i.e chatbots to make payment
BENEFITS OF PAYTOMAT
The Paytomat introduced an utility coin for the platform termed “PTM coin”. This coin will be used to reward merchants who accept cryptocurrency for his business. Again if you want to buy a goods and pay with cryptocurrency in exchange of the goods, the platform will reward you PTX token.
CONCLUSION
Paytomat is a blockchain based payment processing system that merge crypto core teams, merchant and consumers. If you are still doubting the uses of cryptocurrency, you are missing. The users have been benefiting and Paytomat will make the business life become easier where merchants will be accepting cryptocurrency for their goods while the purchaser make use of cryptocurrency to pay for the products they wish to acquire.
Paytomat ideas will make many cryptocurrencies have enough liquidity as many will be using it to acquire goods and services. Beneficiary of the platform's reward will be able to store their token in the platform's wallet. Lastly, the platform has a mobile POS for processing of payments.
For more information about Paytomat, kindly visit any of their official links below:
Website: https://tokensale.paytomat.com/
Telegram: https://t.me/paytomat
Twitter: https://twitter.com/paytomat
Telegram Channel: https://t.me/PaytomatOfficialChannel
Medium: https://medium.com/@paytomat
LinkedIn: https://www.linkedin.com/company/11433285/
Facebook: https://www.facebook.com/paytomat/
Reddit: https://www.reddit.com/user/paytomat/
This article was written by Romanbank
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This is a nice concept,
I guess with this, i buy any cosmetic materials i need with my token right?
With Paytomat platform, you dont need to go to market with cash anymore, you can buy whatever products or goods you want and still get reward from the platform with the PTM token.