Use of card divices

Both the payer and the recipient using the card device can obtain multiple benefits. In addition to the improvement in the payment convenience described above, if the number of franchises directly paid with cryptocurrency increases, it is possible to obtain safe storage of payment records held by existing blockchains in addition to reduction of existing payment fees, expansion of cryptocurrency utilization. Blockchain was born to compensate for the problem of double payments that may occur in centralized financial systems. The ledger recorded on the blockchain was able to have high data integrity because it cannot be falsified once recorded.

That is why unlike the legal tender payment, the franchise becomes as UPAY token franshise and when settling the amount used, it deviates from the risk of forgery of transaction data unlike legal tender transactions. In addition, since it is made through a smart contract, the settlement process and transaction process can be transparently disclosed among stakeholders, securing transaction reliability. If the platform reliability rises based on this transaction reliability, the construction of a global payment process platform will be accelerated. The global payment process platform will lead UPAY tokens into global currency. When UPAY is used globally, the exchange process is simplified to save time and money. As shown is a typical example, customers and foreigners who travel abroad and to on a business trip frequently can obtain great benefits. Currently, foreign currency exchange systems are in use, and the use of franchises is also being prepared for quick building.

Foreigners using credit cards or debit cards can also charge by purchasing UPAY tokens at designated exchanges or converting other cryptocurrency to UPAY tokens. The convenience is given by implementing the cards that have been charged in this way so that it can be used by card franchises and overseas franchises. Currently, they are in actual use in some franchises, showing high satisfaction.

The biggest advantage to users is that hedging of cryptocurrency prices is possible. Currently, the cryptocurrency market does not have many means to hedge prices due to great price fluctuation. However, hedging means can be secured by charging cryptocurrency in UPAY E-wallets. When a customer recharges a cryptocurrency in a UPAY E-wallet, the balance of the UPAY E-wallet is charged according to the market price at the time of recharging. If the value of the cryptocurrency decreases, the value at the time of charging is kept. UPAY E-wallets are used not only as a means of payment, but also as a means of storage. When charging, hedging is possible with the instant sell function.

In addition, UPAY E-wallets have similar purposes and roes as those of hardware wallets. They cards have infinite extensibility that can be linked with current hardware wallets so that customers can conveniently use them in real life.