If you use a debit or credit card, it means your bank is working with Visa or Mastercard that keeps a commission fee for every transaction. Usually it’s about 3–4%. Each additional middleman adds up his own fee. The entire pipeline consists of more than just a buyer and a seller, it’s also the acquiring bank, payment processor and the card issuer bank. By using the AME token on our platform you will only have to pay the minimum commission, while the transaction is sent directly to other network participants — no more middlemen required.
We are building a trustless, decentralized and open to public ecosystem for financial transactions and services using blockchain and Ethereum. A system you can really trust!
