What is eBit Payment
What is eBit Payment?
Especially for You, we want to reduce the cost of banking. The system for processing payments, built in the blockchain era, which limits the number of middlemen. How does this change benefit You?
So far, the financial services sector has been dominated by companies based on a large number of intermediaries. eBit Payments reduces this amount to the minimum cost, which translates into significant cost reductions.
For more details we see the video below cekidoottt ....
The Solution
eBit Payment LLC, offers exchanges, including crypto-currency exchanges, without unnecessary third parties. eBites
payment will also offer its own token. We gradually plan to extend usage of our tokens - through ebit coins. Generally,
our goal and the desired effect is to have just one party in the middle - eBit payment. That would mean exchanging
currencies with the smallest possible spread - a maximum of 0.99%, which is, compared to some other solutions,
dozens of times less.
Internally, each user's account will be displayed in ebit crypto-currency and all transactions will be sent to any of the
user-specified currencies, which include all supported crypto-currencies. To achieve this, whenever a user needs
to pay using any supported FIAT currencies, the transaction is credited to their account using ebit coins, which will
automatically be exchanged, in real time, and directly sent to the transaction destination. The entire procedure is
automated, and completely transparent for users, just like any other payment method. But, an eBit Payment is
concluded instantaneously.
The order of operations:
When a user tries to pay using our card, the terminal contacts the card provider, requesting permission for the
transaction. Upon agreement, the card provider's servers request an internal check of the user's account balance, in
ebit coins. t, If the balance checks out, our servers send ebit coins from the user's account to our exchange service,
which then deals with sending the fiat currency to the shops account. The final step is confirming the purchase with
the card provider, and thus, the terminal. And that's it, the purchase is complete.
Everything done in just a few
seconds - literally just like your typical payment card.
This way, the multiple currencies and exchange problems are solved - ebit coins is that which is seeked by many - a
universal currency. Transferring between currencies has never been so seamless.
Because of the blockchain network speed, a transfer usually arrives in just a few minutes, an issue which was solved
by itself.
Basic functionality of eBit Payment - our products and their infrastructure
eBit Payment is a project, that includes the following solutions:
• Multi-currency wallet
• Real-time exchange with access to currency rates
• Multi-currency payment card
• Online payments
• Business app
• Cooperative environment
eBit Payment app is a great solution for users that have multiple accounts in multiple currencies and crypto-
currencies, like the USD or ETH, especially if they need a 3rd currency, for purchases, like BTC. Here, with eBit
Payment, everything is easier - one application - multiple possibilities - no middle currency or crypto-currency.
Multi-currency wallet in eBit Payment application, with the ability to have one account, that serves as many crypto-
currencies or FIAT currency accounts as needed.
Distribution of funds
While eBit Payment investments raise funds, you make profits. We want the best for our users, thus we have prepared
a detailed outline of how we are planning to spend raised money:
Development - 30%
The expansion of existing existing hardware involves such as hardware, employee salaries (including bonuses,
incentive packages of tokens), employment of external assistance such as pentester, and office space.
Additional work force - 10%
eBit Payment intends to grow at a rapid pace, so we need to hire new employees in the following areas: Marketing,
Finance and Legal Finance, HR, Administration and Customer Service.
Marketing - 10%
For a platform to work well and be recognized by a wider audience, it must be available to users, so, we are willing to
spend 10% on the costs associated with broadening marketing. With more users, comes more feedback, and with
feedback, comes our ability to adapt and solve the problems faster for our users. It is imperative that we create a large
society using our platform.
Market and network fluency - 35%
The financial market is not the simplest sector to work within. We will need funds to initiate collaboration with other
companies in the industry to make transactions as fast as possible. But, it will be beneficial in the long-run, as this will
open up new opportunities for even easier financial interactions within the platform in the future.
Licensing, integration and partnership: 15%
As eBit Payment LLC, we need to invest in software licenses, bear the associated costs associated with issuing
payment cards and also bear the burden of "patching" the gap between crypto-currencies and traditional currencies.
Roadmap
I Q 2018
eBit Payment enters the market
eBit Payment enters the market at the closing price of ICO, which is 0.48 $
eBit Payment App
eBit Payment App enters the market
The App will contain:
• Multi-currency wallet with basic FIAT currencies and crypto-currencies
• Currency exchanger - in testing phase
First eBit Payment LLC branch in London
Grand opening of the first eBit Payment LLC branch in London
The conclusion of a contract with BIT.NXT
The conclusion of a contract with BIT.NXT INTERNATIONAL LLC - a crypto-currency mine based in Madison,
Wisconsin, USA for a transfer of EUR 100 million.
Launch of payment service for the first crypto-currency trading platform
II Q 2018
eBit Payment Personal Currency Exchanger
Expanding eBit Payment online Currency Exchanger
The application will include:
• Multi-currency wallet with a vast amount of cryptocurrencies and more than 40 FIAT currencies, tokens will be
included in the App
• Currency Exchanger Online will carry out the exchange of crypto-currencies and FIAT currencies
eBit Payment launch of second contract with crypto-currency mine
eBit Payment Card *
The launch of the eBook Payment Card and supplying it with more currencies.
An error notification system will be introduced and the card can be issued to the application.
III Q 2018
Introduction of cost management App
Introduction of a mobile cost management App for the company and employee expenses
I Q 2019
eBit Payment Bonus Points
Implementation of point and bonus system into eBit Payment App
IV Q 2019
eBit Payment Business
We will begin work on eBit Payment Business, a payment system for business with a virtual accountant extension.
* date is dependent on external factors, such as payment card providers.
For more information contact the link below !!!!!
AUTHOR :Alfian2015
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