Since the advent of the internet, cryptocurrencies, blockchain technology, cellphones and other connected devices are now consumers’ preferred method of payment; thus, causing the digital payment industry to blossom worldwide. As this industry continues to grow, the power dynamics and the inherent benefits of blockchain technology are shifting further in favor of digital and omnichannel providers; hence, attracting several providers to the space and also forcing a lot of companies to collaborate, diversify, and consolidate with a view to capitalizing on the growing revenue opportunity.
Despite the gains of the payment industry, there are several challenges and problems bedeviling the industry. High processing fees, geopolitical tensions, regulatory changes, long account reconciliation times, and funds not reconciled into merchant accounts for several or more days are some of the problems militating against the progress of the industry. Plus, fraudsters are having a field day exploiting vulnerable investors and payment providers.
With several payment processors or service platforms to choose from, how do you know which service provider is best for your business and your customer’s experience? In this post, we will walk you through some of the reasons why you should consider using OkGlobal Coin Switch as your number one service platform.
OkGlobal Coin Switch is a blockchain-powered investment and services platform you can access online. The platform aims to be the future of global payment and individual currency management. They have a cryptocoin known as OkGlobal Coin. OkGlobal Coin is highly profitable because they reinvest profits from payment processing, insurance financing, currency exchange and other investment holdings/valuations into the coin ledger. OKGlobal coin is a standard cryptocoin that will operate on its unique blockchain. It is currently an Ethereum ERC20 token and will migrate to its blockchain prior to the launch of the beta testing for the SWITCH instant payment platform. So, if you worry about the decrease in the value of your money as inflation climbs, this service provider has got your back.
Problems Identified By OkGlobal Coin Switch And Solutions
It is a known fact that most of the payment processors on the market charge high fees just to process a single transaction. As such, it has a direct effect on consumers’ revenue and profit. So if you are looking for a platform that charges less, 90% or higher reduction compared to what other providers are charging, then OkGlobal Coin Switch is the partner you need. For a fact, OkGlobal Coin Switch will help you save thousands of dollars since they don’t have per-transaction fee and charges only 0.1%.
Another problem that OkGlobal Coin Switch has resolved is the issue of waiting for several days for a deposit to reconcile into merchant accounts. Take for example, if you operate a restaurant and you need to pay your suppliers, which means the supplier has to wait for several days for the card processing company to reconcile with your bank account. With OkGlobal Coin Switch, crypto coins or fiat currencies would be available instantaneously in merchant accounts.
Also, most service providers require that merchants lease or buy card processing machine, plus require a phone line dedicated to the machine to operate efficiently. But with OkGlobal Coin Switch, payments are made via customers’ free phone app through the OkGlobal Coin Switch platform.
The Money Project By OkGlobal Coin Switch
The first registered, regulated and compliant international blockchain project of its kind aimed at the complete disruption and takeover of banking, finance, exchange and payment processing via a living reactive decentralized autonomous organization, DAO. A living DAO that operates globally to replace faith based problematic fiat currency and bring back the use of real "money" which holds an intrinsic value backed and guaranteed by assets and investments, that will rise in value to beat inflation rates and be used globally without threat of loss, theft or unfair confiscation.
The business/profit model of OkGlobal Coin DAO can take over and dominate any financial industry it enters due to the disruptive model of simply beating inflation rates in order to offer its participants "money" that is backed by real assets and increases in value to eliminate inflation loss. There are no known competitors with this model to date.
Security Token Offering Launched:
November 15, 2019 - February 15, 2020
100% 1:1 Bonus
5 billion for sale, 5 billion allocated for bonus
Funding Goal $20 million = 0.002 cents/coin for initial Phase 1 investors
Security token sale is currently ongoing and will end on the 15th of February, 2020.
If you are passionate about getting back real money backed by more than simply faith and will grow to offset inflation rates, participate today with by visiting www.okglobalcoinsg.com to get started.