Digital payment instruments in the United States and around the world consist of complicated financial settlement processes — costing merchants up to 4 percent in processing fees for purchases and involving up to twelve different entities (each a discrete point of failure) to process a single exchange. Meanwhile, retail fraud losses in the US alone continue to reach all-time highs, claiming more than 48.9 billion USD in 2016.
However, present-day payment instruments are extremely useful to consumers because they have widespread merchant acceptance. And in order for cryptocurrencies to realize similar real and sustainable value, it is critical that they become spendable everywhere.
Many companies have recently developed wallets and apps that enable retail blockchain payments, but they are universally dependent on existing payment networks. The promise of cryptocurrency is not being realized when it also requires physical cards, linked accounts, or centralized payment infrastructure and legacy architecture from the 1960s to facilitate the purchase of a cup of coffee.
PDXPay is the first mobile app to facilitate practical cryptocurrency payments by enabling instant, no-fee transactions at stores, restaurants, and online. The PDXPay app represents a milestone in the acceptance of cryptocurrency — payments that are both consumer and merchant friendly.
Visit for more information:
https://pdxcoin.io/
https://pdxcoin.finance
https://twitter.com/PDX_Coin
https://www.reddit.com/r/PDXCoin/
https://t.me/PDXToken
https://www.facebook.com/pdxcoin/
