OTPPAY Blockchain CryptoCurrency Credit Card

One of the major problems facing the virtual currency market today is the conversion of virtual currency into conventional currency and vice versa. Using a conventional currency to trade virtual currency leads to the buyer paying extra fees. Another problem is that merchants are not able to accept virtual currency payments that put them at risk of losing a certain dollar amount.

Lately, you can just about buy anything with cryptocurrency — from real estates to top of the line supercars. However, when it comes to shopping for groceries or buying a latte in your favourite café, it’s back to good ol’ fiat currencies. Cryptocurrency offers an unprecedented level of security and protection when it comes to the storage and transfer of values. Its disintermediation of traditional financial infrastructure and decentralized service delivery has availed millions of people all around the world by providing access to transparent banking services. What if there was a payment solution offering users the privacy and security of cryptocurrencies while retaining the liquidity they’re used to with cash? What if there was a solution that allowed users to spend cryptocurrencies as easily as cash without the need to juggle numerous wallets or employ third-party services to convert it? What if the solution was as simple as swiping a card? Well, that solution is here — with OTPPAY

What is OTPPAY?

OTPPAY is trying to bridge the gap between virtual currency and conventional currency. Their main goal is to bring virtual money into everyday life of the people. In addition, their protocols deal with per-second (TPS) and cost-per-second (CPS) transactions through value-for-money and smart swaps.

The most important product OTPPAY will launch is virtual currency trading supported by AI & ML, where requirements will be addressed by a tool that fits in with the industry's lowest fees. Its robust architecture is built with a combination of PCI-DSS and virtual currency security - the means of transaction is transparent, making OTPPAY more prominent than existing virtual currency transactions. market.

This method also makes the purchase process easier with eKYC verification, which will allow users to trade virtual currency in seconds. To do that, you'll have many different ways like syncing your bank account, using a debit card or credit card.

But one of the most interesting things about OTPPAY is their wallet. As a trader, you will be able to easily provide a QR code to your customers paying by virtual currency. And yet, OTPPAY has created an NFC payment system for virtual currency. In case the above does not help you, you can create your own system using the Open API OTPPAY - something that anyone can easily do.

---

OTPPAY Wallet

The OTPPAY Wallet is central to every interaction in the OTPPAY ecosystem. It is a secure storage and exchange platform for both cryptocurrencies and fiat currencies, enabling users to deposit, hold, send, and exchange supported cryptos and fiat. Merchants can freely choose and switch between different blockchain assets for payments. Users can convert from BTC, ETH, OTP and vice versa, utilise peer-to-peer transfers and exchanges, and pay for merchant services.

---

Debit Card OTPPAY:

The main purpose of Otppay is to replace or bridge the existing traditional banking system using Otppay Crypto Bank with payment, transfer, currency exchange and loan options Blockchain. To achieve goals and deliver sophisticated liquidity solutions to customers by providing innovative mobile applications along with contactless debit cards that can be used around the world.

---

Token Sale

ICO Structure

Supply of ICO Tokens: 600 Million

Bonus and referral: 111 Million

Private Investor: 70 Million

Employees and General Contributors: 19 Million

A total of 1 billion tokens are to be released, of which only 60% are planned for sale. 200 million tokens will be kept as reserved with OTPPAY management, which will be diluted according to the needs for the technological development and for the operational expenses.

The Pre-sale will gegin on March, 5th, 2018, with a period of 30 days .ICO will be having three stages, PRE-ICO and ICO first stage & ICO second stage. In PRE-ICO, 3750 ETH worth of tokens will be distributed to check the market response on our project. Once the market attraction ratio crosses our minimum set value, we will kick off the process for main ICO stage 1 in which 37,500 ETH worth of tokens will be issued, in ICO Stage 2 we will issue another 30,000 ETH worth of tokens. So on basis of above strategy 600 million tokens worth of 71,250 ETH will be issued during the PRE-ICO and ICO stages. Moreover 111 million tokens will be used for the bonus and the reward programmers to achieve our goals. Finally, 19 Million tokens will be kept for company employees or pillars of organization and for public contributors by means of technology or value-added service providers. To speak on the negative side, the unsold tokens will be burnt at the end of the ICO.

---

More Information Connect to OTPPAY

Website: https://otppay.io/
Whitepaper: https://otppay.io/Assets/otppay-whitepaper/OTPPAY_White_paper_v1.1.pdf
Telegram: https://t.me/otppaychat
Facebook: https://www.facebook.com/Otppay/
Twitter: https://twitter.com/otppay

My Profile link: https://bitcointalk.org/index.php?action=profile;u=1929981