BidiPass Partners with Mandi Token in Verifying Merchant Accounts
BidiPass is rolling out its pipeline of business partnerships to bring in further adoption of crypto to East Asia. By the end of September 2020, BidiPass 2.0 will launch its 2FA application, allowing for any user to earn tokens for verifying their accounts in the same way they would using Google Authenticator.
Mandi Token is a blockchain project based in Jakarta, Indonesia, with the mission of tokenizing a portfolio of real-world assets through Mandi tokens. Each token functions as a digital share and stake in the revenue-generating activities of the Mandi portfolio companies. One of these new developments is Mandi Token’s partnership with E2Pay, an e-money license company based in Indonesia with 100M users. That’s correct, 100M as in 100,000,000 people using its suite of financial products.
This is a joint effort in sharing the communities in East Asia and North America, engaging with each other’s products to increase the value of both networks and asset utilities.
What this integration entails is the implementation of BidiPass’s 2FA application as a security layer for Candypay, a merchant payments platform. Mandi tokens will be purchased from the market with the fees that Candypay generates. In addition, a portion of those fees is routed towards BidiPass as a bonus for rewarding Candypay users with BDP tokens for verifying their accounts through BidiPass 2FA.
“This is a monumental step forward for both projects, as we integrate our products to create extensive value for our respective communities and stakeholders. We are excited to take this first step with the Mandi community.” — Fernando Albarrán, CEO & chairman at BidiPass.
The first 1,000 merchants using Candypay will begin this promotional Mandi-backed rewards rollout mid-September 2020. This will incentivize proper usage of E2Pay’s merchant products, as well as prepare the community for BidiPass’s 2FA security layer which will further bridge these customers into the world of digital assets.
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