Over the years, the banking system has been the only system providing a means of financial payments through the introduction of Electronic payment system. Although this payment system has been helping for some years now in allowing customers to promptly send money to families , friends and make several other financial transactions, yet it has a lot of loop holes one of them being that they do not allow customers enjoy a complete control of their transactions due to a Centralized nature of the banking system .
Also, security and safety have been some of the issues faced by bank customers who sometime get their funds stolen when the Central server in the bank is hacked by cyber criminals. High cost of transaction has been another issue when it comes to making payment via the banking system due to several intermediaries and third parties associated with the Centralized nature of the banking system .
However, the advent of the blockchain technology and the use of cryptocurrencies have brought a great transformation to every sector of the global economy including the financial institutions and payment systems. The Decentralized nature of the blockchain and other unique features including Safety, security, low cost, Trust, Transparency and other innovative features have given a new phase to the global financial system.
And ALCHEMY is leveraging on these innovative features to provide a unique platform where users can make payment at ease.
ALCHEMY AS A PAYMENT SOLUTION
Although there have been several other payment platforms created on the blockchain to serve as a payment platform for both fiat and cryptocurrencies , yet these platforms have not really served the purpose for which they were created. They are either having security issues, high cost of transactions, slow payment or do not support offline payment. Hence the need for the creation of ALCHEMY as a payment platform that can be used to make payment both online and offline with low cost and high level of trust and transparency.
ALCHEMY is not a new payment platform, but a reliable and trusted one that has been existing over the years as a Payment solution in Asia Pacific. ALCHEMY is designed to allow users make both online and offline payments conveniently. With ALCHEMY, users can carry out payment using crypto or Fiats at anytime and from anywhere using their wallets.
SOME UNIQUENESS OF ALCHEMY PAYMENT PLATFORM
The most interesting feature of ALCHEMY is the simple and user friendly interface; it is designed such that anyone can carry out transaction without having to be a crypto pro. All that is needed is for users to select and carry out his shopping then select the crypto to pay with and payment is paid using crypto wallet and this is done within a few seconds .
Even while shopping offline, payment is still very easy with ALCHEMY, in this case, the cashier needs to input the transaction value, in the App using either a mobile device or POS, then he Bar code is scanned and payment made using your crypto wallet. It’s as simple, fast, secure and transparent as that.
Also, with ALCHEMY users can make transactions across border without restrictions, and take control of their wallets and funds and users stand a chance of earning some incentives?
THE TOKEN
The team has created a token with a total supply 10, 000,000,000 that will serve as the main token for the platform and will several purposes such as: paying for services on the platform, payment for incentives and bonuses etc.
For more information on ALCHEMY payment system and benefits please use the links below :
Website: https://www.achpay.org
Whitepaper: https://www.achpay.org/static/files/V3.8_WP-E_Alchemy_20190906.pdf
Twitter: https://twitter.com/Alchemygps
Facebook: https://www.facebook.com/AlchemyGPS/
Telegram: https://t.me/alchemy_official
Medium: https://medium.com/@alchemyGPS
Authour’s btt profile : https://bitcointalk.org/index.php?action=profile;u=1760015;sa=summarya8
Author’s Name : nesbee2