NUPay-The New Crypto-Payment Platform

6 min readMay 9, 2019

PROBLEM
The payment system that is present was and technologies had been replaced by that. However crypto payment providers working hard to tackle the issues of their legacy systems were measures that are intermediate that are unnecessary result in expenses and inefficient or complicated processes. Variations in money exchange charges, including conversion prices that are hidden, is another issue that is widespread.
Many crypto-payment suppliers have suggested their own options, such as crypto debit cards- and offline payment systems, or cryptocurrency exchange-like solutions for money conversion, as alternatives to the present system or as catalysts for another “stage” Nonetheless, problems are faced by these jobs in locating business partners and establishing a more systematic that is a secure connection with the payment infrastructure. The execution of their merchandise in the world requires patience. The NUPay Project group working to overcome and has started to tackle the problems of the payment method.

NUPay is a Platform that aims to provide and develop a service that will include a decentralized list of ownership and applications, which relies on Blockchain technology as the basis for its development. NUPay intends to create a service for transparent and secure network. NUPay becomes a leading solution in resolving issues regarding Crypto Payment services that users often face.

NUPay has absorbed the best achievements of recent years in the field of Blockchain, aiming at solving the problems of the modern world of payment. NUPay is a Blockchain designed for the crypto-payment sector.

NUPay Payment System

The electronic payment system has grown increasingly over the last decades due to the growing spread of internet-based banking and shopping. As the world advances more with technology development, we can see the rise of electronic payment systems and payment processing devices. As these increase, improve, and provide ever more secure online payment transactions the percentage of check and cash transactions will decrease. One of the most popular payment forms online are credit and debit cards. Besides them, there are also alternative payment methods, such as bank transfers, electronic wallets, smart cards or NUPay wallet (The New Cryptocurrency Payment).

Project objective

The main aim of the NuPay project is to create a blockchain technology powered highly secured cryptocurrency wallet, which allow users to perform payment related operations securely and instantly. This provides a reliable service to every users, businesses and entrepreneurs.

In the recent years there is a huge boom of e-commerce marketplace, with the advent of internet e-commerce has provided more convenient and comfortable buying of goods through online. Even though showing huge success rate, people still prefer and use offline payment methods than online. That’s why the developers of the NuPay have taken this into consideration and provided an option for online and offline payment methods. Thus, users have to choose the method of payment they want to pay with in their favorite stores.

Initially the NuPay team launch this service to Korean public, businesses and entrepreneurs. This gives them a very transparent, secured, reliable and convenient mode of payment service. Thus cryptocurrency will be usable in daily life activity.

Advantages

NuPay provides various blockchain based advantages and solutions to general users and businesses over the traditional financial system, some other advantages are given below:
• NuPay wants to become a perfect and primary payment method of users for everyday payment activities. NuPay provides online and offline mode of payment options for users. It also motivate users to use NuPay for payments by providing gift vouchers, reward points and other promotional bonus on every payment transactions. The NuPay will charge 2% of the purchase amount and credit back to users account in terms of NuPay tokens. This encourage them to purchase more through NuPay blockchain system and get benefited;
• Blockchain implementation gives additional advantages such as transparency, security and reliability. Every transactions will be processed instantly at lowest possible commission rate compared to traditional payment systems;
• NuPay provides huge number of choices for purchasing goods in large network of stores. Along with this NuPay customer team will guide users on how to spend tokens for payments. They have provided an option in the menu section for contacting NuPay customer support.;

It is worth to note that NuPay has made partnerships with huge number of stores around the world.

NUPay Token

This token TPCT will be used as a medium of exchange on both online and offline. All operations within the blockchain will make use of this currency and this is likely going to drive the price of NUPay to the moon as more and more apps are built on the blockchain. Collect TPCT Token through all-in-one payment platform.

NUPay Team

For more information token

Token Name: TPCT
Platform: Ethereum
Total token Supply: 2,500,000,000 TPCT
Token Price: 25,000 TPCT = 1 ETH
ICO price: 40,000 ETH = 1,000,000,000 TPCT
Soft Cap: 500,000 TPCT
Hard Cap: 1,000,000,000 TPCT
Minimum Investment: 0.1 ETH

With TPCT tokens users can buy any product on NuPay partnered stores. These tokens are used to perform every payment operation on the NuPay app. Users are provided with ranks for holding NuPay tokens on the app in 4 different categories. The lowest rank starts with blue for holding 5000 TPCT tokens and they can earn 0.5% for every purchase made. Similarly for holding 1 million tokens VIP rank is given and they can earn 2% of tokens for every purchase made.