Noah Project and PayRemit: joining forces to offer more payment options
We have already told you a lot about bonuses and discounts that the Noah holders will obtain when they pay for different goods and services with their Noah Coins in the Noah City or at the Noah Resort. We are pleased to announce that now you will get even more privileges as PayRemit, one of the largest payment gateways in the Philippines, allows transactions in NOAH.
Let’s examine what a payment gateway is. We won’t bore you with definitions or technical details, we just want to say that the payment gateways are called upon to automate the payment receipt process in the Internet. These systems are very useful for online stores as integration with the payment gateway allows them to expand the number of payment methods (bank cards, digital money, mobile payments, payment via the Internet banking or payment terminals). In return, it will attract more customers because they will be able to use various channels to pay for goods and services. In addition, the payment gateways have the following advantages:
- They are time-saving. While the payment process can take up to several days when you pay through portals or wire transfers, the payment gateway allows you to send and receive money within a few minutes.
- They help you to control your expenses. You can check the history of transactions at any time, see the list of products you buy and the prices at which you acquire your products, and make required adjustments, e.g. not to buy unnecessary or expensive things.
- They reduce risks of theft or losses. All your transactions will be secured, so you will not need to worry about the safety of your funds.
- They are user-friendly and convenient. These services usually have a simple and an intuitive interface, which makes the payment process fast and seamless. Besides, you can apply for their 24/7 support at any time in case of any problems.
Online retailers have gained a huge popularity recently as it’s very convenient to make purchases without having to leave your house. You can do shopping sitting in front of the monitor just with a few mouse clicks. The payment gateways make our lives easier, don’t they?
Another news will be appreciated by the crypto community because more and more payment gateways start to accept cryptocurrencies. Interest in digital funds grows every day, and huge e-commerce couldn’t stay away from the progress. In order to attract more customers among those who prefer paying with their digital money, online stores integrate the payment gateways that are able to process it. Let’s consider the most famous ones of them:
Coinbase is one of the largest global cryptocurrency exchanges. It can be used as a mobile wallet and a payment gateway as well. It allows users to convert digital coins into fiat money free of charge in the first USD 1MM transactions and charges 1% from then on. Coinbase cooperates with Dell — the largest computer producer, thanks to which crypto holders can buy Dell computers, laptops, etc. using their wallets and sitting in their comfortable chairs.
Shopify is one of the most famous instruments for online sales. It offers hundreds of apps for different online stores.
Not only online stores accept cryptocurrency. For example, the chain of Howard Johnson hotels works with digital money and offers its guests to use this type of payment. Moreover, if you need air tickets, you can book them at the crypto-friendly CheapAir. Even pizza is available for coins if you order it at pizzaforcoins.com. If you want to make your wife, girlfriend, or close ones happy, buy them a beautiful adornment at Reeds Jewelers.
And, finally, PayRemit — as mentioned above. It now allows customers to do online shopping with crypto.
All these services support cryptocurrency payments. When customers pay with virtual money, they get a number of benefits. To begin with, they do not need to pay huge fees as blockchain eliminates any intermediaries. Besides, their transactions and personal data will be secured on the distributed ledger. Customers can install their cryptocurrency wallets on any device (e.g. PC, smartphone, tablet, etc.) and easily manage them — making online purchases at any time and from any place.
Not only buyers will benefit from paying with cryptocurrencies. Merchants will also win if they add digital funds to their payment method portfolios. They will attract new customers if they offer them new ways of payment. At the same time, they get access to new customers who prefer using cryptocurrencies to pay for goods and services.
As we see, blockchain technology can enhance the traditional infrastructure of payments and money transfers: provide users with anonymity and safety as well as help to remove middlemen and reduce the transaction costs.
Now, when we told you about the advantages blockchain and cryptocurrency offer to customers and merchants, you see that the perspectives of virtual money used in the payment gateways are wide and it’s cool that the Noah Project is ready to integrate these innovations and to provide its customers with new options and experience.
Thanks to the partnership of the Noah Project and PayRemit, expats will be able to pay for goods and services for their families and relatives staying in the Philippines or anywhere in the world. Today, OFWs have to pay huge bank fees when they remit their earnings to their loved ones but it’s not a problem anymore since blockchain reduces these fees by several times.
Not only expats will win from this collaboration. The Noah Coin owners will get an access to more than 100 partnered online shops and service outlets such as Sendah — a gift remittance & payment platform; Goldilocks — a bakeshop chain based in the Philippines, BeamAndGo — a service offering to purchase groceries, medicine, and other life’s essentials online; Sarisari — an e-gift platform with flowers toys, gifts, and food package delivery.
In addition, Noah Coin can be used to pay for telecommunications services (PLDT, Globe) and electricity bills (Meralco). Travelers will be able to buy flight tickets of Cebu Pacific Air, the Philippines’ leading airline, for their Noah Coins. Also, PayRemit collaborates with a great number of Philippine government services (PhilHealth, Pag-ibig, Social Security Services), for which the Noah Coin holders can use their tokens.
How does PayRemit work? How to use NOAH there?
It is a very simple process and you will intuitively grasp what to do and which buttons to press. Firstly, you should select the item at the partner online store. Then choose PayRemit as the preferred mode of payment. You will receive a unique reference number, which you should use to make payments with Noah Coins on the Noah Project website. On the website, you will see a PayRemit form. Fill in this form (enter your full name, transaction number, email address), check I am not a robot, and press the Send button. You just need to pay for your goods or services. Try it and you’ll see how simple it is.
To sum up, we’d like to say that thanks to the alliance of the Noah Project and PayRemit, all the Noah Coin owners will discover new ways to use their tokens and buy various goods online for them and their loved ones. So, don’t stay away from the progress, push your boundaries, join us and open a new interesting and amazing crypto world!
