t’s great to have digital currencies, but where do you spend them?
That important question brings us to Spotcoin’s final business line: Spotpay. In our Close-up series, we’ve reviewed our OTC business line, our mining operation, and our digital exchange with our Spotcore engine. As a finale, we want to share a bit of insight into Spotcoin’s very own webshop and retail payment concept. As part of our mission to makedigital currencies work for everyone, Spotcoin wants business transactions to become easy, integrated, and open to everyone.
What is Spotpay?
Spotpay is a merchant payment system built on a customizable digital asset payment API. Digital wallets provide consumers with fast, low-cost, and secure point of sale (POS) transactions, and merchants the freedom to select the payment structures that fit their unique needs.
Spotpay will integrate directly with Spotcore, giving users a one-stop-shop. Gone are the days of switching currencies from wallets to exchanges and back, in order to pay with the desired currency and balance. Spotpay digital wallets will integrate with Spotcore to provide instantaneous payouts at the current market price.
Where can you use it?
At Spotcoin, we envision a world where digital currency payments are just as integrated and accepted as a bank transfer or credit card payment. Spotpay opens the door, a simple widget that opens access to business worldwide.
Spotpay will provide a secure POS solution for brick and mortar retail establishments as well as an easy to use, drop-in payment widget for all major shopping cart platforms. Support will be provided in the form of open source API libraries in the following languages: PHP, Ruby, Python, Java, .NET, and NodeJS.
Rest of the article;
https://medium.com/spotcoin/spotcoin-close-up-introducing-spotpay-5e1b77edf75d