Introduction
Nothing could be as disappointing and saddening when charged some dubious and unexplainable transaction fees while trying to make payments or financial transactions through the contemporary financial payment systems. The present day financial payment systems are characterized by centralized operations and to worsen it, an avalanche of middlemen that adorn the processes and procedures of these present day financial payment channels. The centralized operations of today's financial payment systems lay the foundation for sole - decision taking on the side of the owners of these financial payment channels. As a result of the centralized nature of these payment institutions, their operators could try to advance the course of their own selfish and financial interest, by single handedly taking decisions that could lead to additional costs and charges on the part of their own customers during transactions. The centralized operations of these payment systems is not only the factor that contributes to the inefficiencies of the present payment systems, activities of the third party folks also contribute to these inefficiencies heralding these payment systems. The third party or middlemen involved in the activities of the present day payment systems are partakers of any transaction facilitated by a customer. Their (third party folks) involvement in every step of the transaction brings about delays in transaction processing and also the presence of additional fees paid by the customer’s is equally as a result of these “middle guys” because they must be financially maintained too.
Introducing NUPay
The world is driven by change and innovations as nothing or no system of operation ever remains permanent on this planet Earth. Same transition is also being witnessed in the financial payment system and this transition is being influenced and triggered by the blockchain technology. The NUPay payment system utilizes the decentralized, transparent and effectiveness of the blockchain technology to instill simplicity and cost effectiveness in making financial payments with cryptocurrency, voucher and reward points etc. The NUPay payment system is taking the lead in bringing decentralization to the world of digital financial payment system through the implementation of the blockchain technology on its system. The blockchain technology abhors any trait of centralization and third party meddlesomeness i.e. the sender and receiver of the financial payment process need not to go through any centralized body to carry out their transition. There is an end-to-end communication between the receiver and sender during the course of the whole payment process without the payment process passing through any third party, the implication of this is that there is much lesser charge on transaction fees, the receiver and sender are not left at the mercy of the antics of these centralized payment service providers and all the parties (receiver and sender) have access to the records of their transaction at any point and these records are transparently and immutably stored on the blockchain. This system of payment via the blockchain which is employed by NUPay payment system serves as a comforting tool for users seeking a simple and cost friendly digital payment system for their financial transactions while serving as a distruptive element to the unjust activities of centralization and the third party folks in the present financial payment channels.
Some Features of NUPay
Robust web platform:
NUPay makes its services available on web platforms which are compatible and friendly on mobile and desktop devices.
NUPay App:
Since the smart mobile devices have taken the lead in the digital mobile device market, NUPay deemed it fit to develop its platform mobile app application that will seamlessly run on smart mobile devices to the comfort and needs of the NUPay App's users.
TPCT token:
TPCT is a utility token on the NUPay platform used to slash down the transaction fees of users of the platform as well as being used to bypass transaction fees that might be incurred when a user of the NUPay system wants to convert his payment amount in crypto to fiat currency on the crypto exchange.
TPCT Sales Details
TPCT has a total supply of 2.5 billion TPCT tokens and 40% of this supply is earmarked for public issuance through ICO. TPCT is issued on the Ethereum blockchain at the price of 1 ETH per 15, 625 TPCT. The ICO sales is currently taking place and will last all through the third quarter of 2019.
Here are some links for further details
NUpay website
http://nupaymentalliance.com/
TPCT website
http://tpct.io/