aBey Foundation Reveals New Payment System aPay
Dr. Ciprian Pungila, aBey foundation co-founder, announced the launch of a new payment system aPay. This new system will provide crypto community the possibility to utilize its assets for everyday payments with the integration of credit cards.
Now, aPay users are capable to send their crypto coins & tokens to the platform & have access to 3 various credit cards, operating with UnionPay, Mastercard, Visa & by using these credit cards, make daily payments with their cryptos.
The payment system is based on a new blockchain tech which is created by the aBey Foundation. It assures to be a fast tech, introducing much quicker transactions with a designed new architecture.
The co-founder mentioned the system is developed to be one of the quickest & most flexible open source chains around the globe that will provide functional solutions for e-commerce use cases.
Ciprian Pungila underlined the cryptocurrencies that aPay system supports are BTC, BCH, ETH, ETC, LTC, DASH, EOS, XRP, ZCash, as well as the native crypto of aBey. He also noted that in order to use the payment system, the vendor doesn’t need to accept crypto. They just need to accept payments with traditional credit cards, as aPay’s solution automatically converts the payment from cryptocurrency to traditional currency.
Speaking about the effect blockchain tech can have on the financial sphere, Pungila mentioned:
“The financial technology industry has been impacted by the development of blockchain tech, but there is still not much clarity on how it’ll change our lives. It’s certain that there is no turning back, & therefore we must build applications and solutions to accept & develop this change.”
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