Introducing Globalipay: A New cryptocurrency for instant payments at the point of sale

DURHAM, U.K. - July 20, 2018 - PRLog -- Globalipay has been introduced as a digital platform for instant payments at the point of sale. What does it mean, you ask? For one, you can use the platform for making payments for your purchases of products and/or services at a local store or with online merchants.

Globalipay gives you the freedom to pay easily for your purchases at any time and anywhere by using an app in your mobile device. You no longer need to carry your wallet or cash everywhere you go. This not only reduces the risk but also increases convenience for both the consumer and the merchant. The best part is that both online and offline merchants can use Globalipay platform for accepting payments in cryptocurrencies and/or fiat currencies.

Now, you might be wondering since we already have digital wallets like PayPal, Due, ApplePay, AndroidPay, AmazonPay and many more, so why do we need another digital wallet application or how is Globalipay different? Well, most of the existing digital wallet applications are limited by location or geographical boundaries. For instance, Paytm is only available in India. Then, there is the issue of high transaction cost. For example, PayPal provides international payment service in multiple countries, but the transaction fee is quite high. Also, there are other problems like service reliability, transparency, transaction failure, time-consuming, etc. So, what's the solution? It is Globalipay.

Globalipay is an online global digital payment system that has been built upon the blockchain to ensure high security of transactions performed through this platform. It effectively solves all the above-mentioned issues and more with the existing digital wallet applications. In addition to providing a secure and reliable method for online money transaction and payments, it is not limited by boundaries. Globalipay app can be used by anyone and anywhere in the world for sending money and making payments. Since it is a decentralized platform, there is no intermediary or agent who would charge a fee for the transaction, however, there is a minimal transaction fee due to the electricity cost. All the transactions on the blockchain are verified by thousands of computers and then encrypted to ensure protection against unauthorised access.

Globalipay transactions are instant, and there is no risk of transaction failure as there is no human element involved. Moreover, there is a dedicated cryptocurrency, called GIP token, that can be used as a currency for payments.

GlobaliPay is a truly a global online platform for instant payments at the point of sale. Want more information. Visit GlobaliPay.com or read the project white paper. The ICO sale is live now. Invest in a profitable ICO to get high returns.

Media Contact

Company Name: GlobaliPay
Contact Person: Afjal Ahmed
Email: pr@globalipay.com
Country: United Kingdom
Website: https://globalipay.com/