NUPay FAQ #3: What sets NUPay apart from other payment solutions?

Many crypto-payment-related projects face difficulties in finding business partners and establishing a stable systematic connection with the existing payment infrastructure. Hence, the implementation of their products in the real world requires infinite patience.

The NUPay payment platform plays a crucial role in connecting users and merchants, and it will act as a solid foothold for the NUPay Project, giving it a head start. Our extensive partnership with on- and offline stores throughout Korea will provide scalability of the TPCT token, which will eventually fulfill its role as a real currency. NUPay is a simple and efficient payment system that will allow users to conduct easy, cost-effective cryptocurrency, voucher, and reward point transactions in the same way as using credit cards and fiat money.

The NUPay Payment Platform will offer the following benefits:

• Blockchain-based execution will remove all the intermediaries of the current transaction procedure, enabling the lowest possible transaction fees through providing effective blockchain based decentralized payment process.
• Various means of payment, including cryptocurrencies, gift cards, vouchers, and reward points, will be compatible with this platform and may be used to purchase goods and services. When a payment is made on the NUPay platform, a maximum 2% of the total purchasing amount will be credited to the user’s account in TPCT tokens. The credited TPCT tokens may be used just like other cryptocurrencies, reward points, and vouchers in the user’s NUPay account.
• Technical support will be provided to existing cryptocurrency holders when they use their TPCT tokens and other cryptocurrencies, not only as a medium of investment but also as a payment tool in our vast network of partner stores.

Apart from other payment solutions, NUPay has diversified store and business affiliations to provide users with varied experience. The NUPay Project will not be restricted to crypto-payment services alone. As the project progresses, essential financial services, including wire transfers and withdrawal services, will be implemented to further advance NUPay as a blockchain-backed complete financial solution system.