Ecosystem which is the primary payment mode of the century!

AME Chain
AME Chain
Published in
2 min readSep 12, 2020

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According to Mordor Intelligence, in 2019, the global digital payments market was valued at $3.88 trillion. It is estimated that over the next five years,this sector will enjoy double-digit CAGR growth to reach $8.68 trillion by 2025.

On closer introspection, the sector is organized as an oligopoly. The industry is controlled by a handful of players (banks, payment gateways, etc.) who dictate the terms, conditions, and fees to the users interacting with these services.On average,they levy anything between 1% — 5% as processing fees on every transaction. Thus, every year, billions of dollars are absorbed by these middlemen in the name of processing charges,with no real benefit to the end-user.

Additionally, these modes of payment are highly susceptible to security vulnerabilities attributed to identity theft, phishing, ransomware, chargeback fraud, and more. Unfortunately, the brunt of the losses emanating from these vulnerabilities have to be borne by customers and merchants.

AMEPAY is a cryptocurrency-based payments alternative that is fast, convenient, and secure. AMEPAY eliminates the complexity, high-costs, and delays that are familiar to the present system and replaces it with a simple, affordable, and quicker solution. It is a transparent and decentralized payments ecosystem which is projected to be the primary payment mode of the century!

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AME Chain
AME Chain

A fast and secure decentralized digital asset ledger that is EVM compatible with high performance and scalability.