Spending JPAY at Magok: Part 3
JPAY brings innovation to Mobile Payments
Paying with a mobile device became a lot easier than in the past. Innovative mobile applications are being developed with a fast and secure feature to transfer assets with other people, purchase products and earn rewards. What we’ve hoped to accomplish has become the reality. Currently, both foreign and domestic IT companies are in a battle to lead the mobile payments industry. The reason being is that the payment method is the easiest technology for users to experience in the era of FinTech that recently emerged as the biggest topic in the IT industry. Since there exists no single firm that is dominating the market, numerous businesses have come forward to provide a wide range of services. In the near future, the payment market is expected to be reorganized with only a few dominant operators. What are the criteria for those surviving firms? Well, that’s the topic of today’s discussion. We’ll also talk about how the JPAY platform outperforms other payment service providers to stand out and become a leader in the market.
Would you agree that mobile payment has become the most convenient method, given that the expansion of services and how people perceive the technology? Well, in fast-growing countries like China and India, the majority of consumers using a smartphone has already adapted paying it for goods and services. The story is not much different in any parts of the world. Once we step into a store, it is expected that the stores would accept different methods of payment and this includes mobile payment as well. However, how could you distinguish between a service that is recognized as opposed to those that are not? Perhaps, the most important feature to be accepted as one of the popular payment systems in the market is to be as widely used as possible. In other words, the number of stores that mobile payment service is recognized and how many people use it is key to success. Truth be told, JPAY platform may not have as many stores or users yet. However, I have a different perspective on this matter.
The emergence of digital or mobile payments has caused the rise of fraud and cybersecurity issues. According to the research, some users and still reluctant to embrace the newly-developed methods of payment for safety reasons. However, this is totally understandable. It is absolutely crucial to know as a user that the process dealing your assets is not only functional but also safe to use.
Let me give you a perfect example. JPAY is acknowledged as a fast and simple way to pay both online and offline stores. As you can see in the pictures above, you can visit stores that accept JPAY Silver as a medium of exchange and enjoy the service they provide. Although you may hesitate whether to pay with a credit card or JPAY mobile application, you should always choose to pay with JPAY. Would you like to know why? If you believe that JPAY only has features of being fast and simple, you are mistaken. JPAY can majorly boost your confidence with its secure nature. Blockchain technology that is the backbone of JPAY provides an unhackable and immutable database for users’ which the world has not seen before with the traditional methods of storing data. Digital payment service providers have now begun to see the need to adapt this technology into their system. They are developing it in an effort to provide a more secure and protected transaction service. This proves that there is a differential point that the JPAY platform has over other competitors. While JPAY is equipped with all the features that everyone seems to have, they also have the leading edge on the blockchain technology. This gives our users assurance that services provided by JPAY can be trusted.
In sum, you may be thinking; this feature does not necessarily affect me because I have never experienced my money being stolen from the bank account. However, the statistics show that it is not good enough to take chances. You surely want to be on a safe side when it comes down to your assets’ safety. At the core, blockchain is an absolute guarantee as it keeps a record of all transactions made. JPAY has a supremacy on this technical side of these methods.
※ For more information about JPAY Platform, please visit our website at https://jpayplatform.com/
