Modern Finance Chain is a platform that will bridge the use of cryptocurrency globally among traders and buyers through modern financial chain mechanisms and MFX tokens. Modern Financial Chains allow consumers to buy goods and services from merchants to create a cost-effective eco-system of cryptocurrency and reward consumers and merchants. MF creates sustainable cryptocurrency payment systems that consistently add value to traders and consumers, thus negating the payment system issues associated with traditional payment transaction protocols between merchants and consumers.
Merchant Award System
Merchants are rewarded with 5,000 MFX Tokens directly into the merchant's digital wallet when retail merchants make a $ 1 million cryptocurrency payment through MF Chain's payment solution from January 1st through January 31st. On 7 February traders were rewarded with 5,000 MFX tokens. These tokens may be collected as company assets or exchanged for USD on the open market
Merchandise-controlled settings allow storage of cryptocurrency that has been received as payment or immediately redeemed it with a fiat currency settlement that is sent to their bank account the next day. Merchants have full control over their funds without risk of a chargeback or backup.
Consumer Award System
Various service offerings are offered to consumers to be able to spend their cryptocurrency at their favorite merchants, valued in several ways. The cryptocurrency payment option includes additional fees to cover merchant exchange fees. However, when paying with MFX Token, additional charges are waived. The merchant surcharges are set by the trader at 0.5 to 3%. Additional fees are paid to merchants via MFX Token. When a consumer spends an MFX Token on merchants using an MF Chain processing solution, consumers will receive 1% auto rebates paid into their wallets. Discounted payments made once a month.
Reviews of consumer transactions
- Consumer demand to send payment using cryptocurrency
- The cashier enters the total purchase into the MF Chain mobile device and shows the consumer QR code on the screen.
- Consumers scan the code with any cryptocurrency wallet application available on their mobile / mobile device.
- The transaction is confirmed in seconds.
Benefits of Payment Process
• Increased margins and will accumulate 100 more basis points.
• Increase the number of customers by offering a unique value proposition of cryptocurrency receipt for their business
• Merchants who are unwilling to accept high risk for payments by credit card can now receive payments through digital coins
• Increased volume per trader
• Processing partners receive generous MFX Token allocations
Conclusion
Modern Finance is a platform that will facilitate transactions between merchants and consumers using the modern financial chain. As a result of the transaction process, traders and consumers will be rewarded in the form of MFX token.
[Website] http://mfchain.com/
[Telegram] https://t.me/modernchain
[Twitter] https://twitter.com/ModernChain
[Facebook] https://www.facebook.com/MFChain/
[Medium] https://medium.com/@mfchain
[ANN] https://bitcointalk.org/index.php?topic=3264121.0
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