WHAT IS AMEPAY?
AMEPAY is a cryptocurrency-based payments alternative that is fast, convenient, and secure. AMEPAY eliminates the complexity, high-costs, and delays that are familiar to the present system and replaces it with a simple, affordable, and quick network.
AMEPAY empowers users to:
Powering AMEPAY is a transparent and decentralized blockchain infrastructure that also doubles up as a reliable database to store and share transaction records. Blockchain allows AMEPAY to pass on the following benefits to our stakeholders:
- Lowcosts and greater revenue share for merchants
- Simple, elegant and anonymous payments for users
- Scalable, interoperable and future-ready technology for all
AMEPAY also factors in an in-built loyalty program that is intuitive, effective and efficient. Using this, merchants can attract value by channeling tangible and practical rewards directly to their customers.
Merchants can explore greater merit in AMEPAY through supplementary offerings such as hardware and software POS support, inventory management, data analytics and more.
The AMEPAY platform is highly flexible and is built to maximize utility. Merchants and users can customize the platform to match their individual use cases. Broadly, AMEPAY offers the varying stakeholders the following use cases
By paying a very low fee on every transaction, merchants will gain access to cutting-edge infrastructure that is guaranteed to take their business to the next level. They can commence accepting payments in crypto and explore an incipient market demographic.
Furthermore, AMEPAY provides supplementary equipment such as POS devices, including scanners, swiping machines, etc., at a nominally-priced subscription plan. Additionally, merchants can further use the AMEPAY dashboard to review transaction data and to analyze user behavior to help predict emerging market trends.
AMEPAY not only offers the payment software module but also provides the accompanying POS hardware infrastructure in addition to a robust cryptocurrency. The coalescence of these factors saves the merchants a considerable amount on expenses and additionally enables them to harness a highly scalable product
Unlike other payment solutions providers that levy a very high fee on consolidated transactions, AMEPAY charges a very nominal and minimal fee of just 1% on every transaction! This enables merchants to retain control of a large share of their hard-earned profits.
AMEPAY, along with the AME token, empowers the merchant to participate in the expanding and highly promising cryptocurrency economy. By offering the ability to execute instant crypto-to-fiat transactions, AMEPAY reassures, and further emboldens the merchant’s trust in cryptocurrency based transactions. Additionally, by utilizing cryptocurrency, the merchant can execute cross-border transactions at a fraction of the prevailing costs.
Inventory and Database Management
Another benefit derived by the merchant from the AMEPAY platform is the access to a versatile inventory and database management system. Backed by blockchain technology, AMEPAY’s inventory and database solutions provide the merchant with superior recordkeeping, immutable transaction records, and transparent data repository.
Customers will find that the utility of the AMEPAY platform is not limited to merchant interaction. They can also leverage the software and cryptocurrency to fulfill a variety of other transactions, including transferring funds to other users, cross-border payments, and much more.
AMEPAY also features a built-in loyalty program that rewards the user every time they employ the AME token. This way, the user can accumulate AME tokens over time, free of cost.
Access Global Marketplace
AMEPAY is an entirely decentralized platform and has plans to curate a global marketplace. This grants the user the opportunity to partake in international transactions at very affordable rates.
Another important use case that individuals can make use of is low-cost remittance. Users working overseas can send money back to their families in an inexpensive and secure manner. This enables them to preserve every penny of their hard-earned money and enrich their families back home with monetary assistance.
AMEPAY boasts of an integrated rewards program. Wherein, every time the user settles a payment using the AME token at merchant stores, they are rewarded with assured cashback. This is a great way to accumulate AME tokens that can be then redeemed for a litany of goods or services.
AMEPAY uses the AME token, which is developed using the Ethereum-based ERC-20 protocol. This token functions as the primary medium of payment settlement and fund transfer on the platform. It also plays a critical role in AMEPAY’s incentive program that enables users to earn rewards on every transaction.
- Primary mode of payment on AMEPAY
- Fast transaction processing
- Cross-border transactions
- Incentive program
- Crypto-to-crypto and crypto-to-fiat functionality
- Scalable architecture allowing exploration of future use cases
AMEPAY is a new vertical under AMEPOS, a leading provider of Point-of Sale (PoS) software and hardware. Armed with 8 years of experience in the sector, we are habituated with the challenges faced by the different stakeholders and have developed a comprehensive solution to tackle them. Through AMEPAY, we aspire to offer practical and holistic improvements to the payments experience, by increasing efficiency, alleviating risk, and inducing loyalty. AMEPAY will harness blockchain technology and cryptocurrency to provide a multifaceted solution that is in equal parts streamlined, innovative, and rewarding. We currently boast of an existing network of more than 1500 small and medium-sized merchants spread across eight countries. Once our technology is deployed, we will target the South Asia region and expect to fortify more than 1 million merchants within the first year of operations..
The people behind AMEPAY share a combined experience of 8 years in finance, business development, and technology.
As an end-to-end payments solution provider, our team is qualified and crafts decisions by keeping the end-user in mind. Our mission is to deliver phenomenal user experience and unparalleled utility through our many products and services.
The AMEPAY team is dedicated to offering a decentralized and global cryptocurrency-based solution that aligns with the digital lifestyle of our esteemed customers.
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