Here’s how it works…
When you stick/swipe your credit, prepaid or debit card into a EFTPOS (Electronic funds transfer at point of sale) device, a signal is generated which goes to your bank. 🏦
There is a processing company which approves or declines that transaction, and CartaWorldwide is the global leader here.
CartaWorldwide is world’s foremost player when it comes to global payment solution.
They have been instrumental to many payment solutions including MasterCard, Visa, Apple Pay, Vodafone Wallet, UBER, Alipay, Transferwise, using PayPal on POS, AlliedWallet, etc. 💰
So what’s the good news to the Crypto community?
CartaWorldwide are currently creating the first mobile payment solution for #cryptocurrency 🌐📲
...This will enable you spend Cryptocurrency at any POS terminal worldwide, which is over #60million merchants. 🌎
When making payment, the merchant won’t even know you’ve just used cryptocurrency because they will receive their local FIAT CURRENCY – AUD, USD, Pound, Euro, Naira, etc. 💵💴💶💷
And here's the best news...🤗
Such transactions will take maximum #6seconds... How cool is that? 🕚💯
No need to first convert your crypto on Exchanges to fiat before you can use, or pre-load them onto a card, you can use it straight from your mobile app 📱
When does this launch? 🚀
The mobile payment solution is scheduled for June 30th 2018 📆
What does this mean for you? 🤔
Well the actual coin is launching to the public exchanges next month on the #27thApril, so there’s a small window of opportunity to position yourself early before this huge disruption. 🤑
Whether you’ve been involved in crypto for a while or if you’re a noob, either way, if you’d like to learn more comment below and I’ll send you some info. It may or may not be for you but at least you’ll know a lot more about it.
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Wonder what this will do to the @phoneum ecosystem? This could either be a fantastic compliment to it, or a competitor. Hopefully the former, for @Phoneum could be a good solution already in place for this as well.
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