PRESS RELEASE. CashPay takes e-commerce a step closer to blockchain technology through an open distributed ledger where transactions between two parties are recorded in a decentralized manner, requiring trust, faster transactions, no hidden costs, etc.
Starting in 2021, the CashPay platform will begin the first implementation of $ CPZ (token), closely followed by CPZ Beta. The company will also launch country-specific e-commerce websites and smartphone apps. CashPay is basically a “direct customer marketplace,” a king of payment gateway solutions that uses utility tokens ($ CPZ) or cryptocurrency to conduct transactions. Currently, the company is in the early stages, but its products are futuristic – CashPay Shop, CashPay EZ (Payment Gateway) and CashPay Passport (Merchant Wallet). The company relies on the multiple growth of the e-commerce market in the last few decades, which has shifted towards transactions via cryptocurrency.
In the company’s words: “CashPay is the bridge. We have developed a fully functional e-commerce marketplace that serves as a store where buyers can purchase a wide variety of goods by paying with cryptocurrency. In addition to the market, we are working on a payment gateway that can be integrated with partner and existing e-commerce websites and that will allow consumers to pay using cryptocurrency. “The company will encourage online transactions with CashPay tokens (CPZ). In addition, CashPay will streamline the whole process of the transaction by using a merchant wallet which, like the current electronic wallets, is used with cryptocurrency instead of bills. The company’s mission is to “resolve the inability of existing e-commerce to capitalize on the multifaceted world of blockchain technology”.
CashPay shop
The most anticipated platform is here – a cryptocurrency marketplace where users can purchase a wide range of products using the CashPay tokens. Electronics, accessories, smart wearables, smartphones, video games, etc. are now part of the e-commerce platform operated with the $ CPZ token. There are already strategic partnerships with top producers and brands in which many big names are part of this revolutionary blockchain project. Create incentives for customers. All products are offered at a discount, with the company guaranteeing the lowest market prices for each product – and rivaling ecommerce retail giants like Amazon, Flipkart and AliExpress.
One of the impressive future plans is CashPay ‘SuperStores’, a globally established series of stationary stores that serve as megastores and outlets for retailers to facilitate offline trading through cryptocurrency and thus add another dimension to the ambitious project.
CashPay token
CashPay is supported by its native token, $ CPZ. CashPay Token is an erc-20 token based on the Ethereum blockchain network. More information about the token and its uses can be found on its website. Since the pre-sale for CashPay tokens goes online until Wednesday, January 27, the CashPay shop should go online until Friday, January 29, 2021. The platform is ready to serve the global market.
CashPay’s robust social media presence is already causing a stir with potential consumers and merchants.
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