MagniPay launched its innovative blockchain based eCommerce platform that has the potential to transformthe modern-age online shopping experience. Powered by blockchain, cryptography and smart contracts, the MagniPay platform features an eCommerce infrastructure whereby a consumer can shop using a cryptocurrency of his choice,seamlessly and securely, without any restrictions.
One aspect that MagniPay specifically wants to cater is Customer Retention.Customer retention is the most difficult and expensive proposition for any online business and MagniPay offers a blockchain based cross-border value-added platform, which features alucrative incentivization model with periodic mining rewards and rebates for all merchants and consumers, thus helping businesses to retain their consumers through incentivization.
The CFO of the MagniPay commented
“MagniPay is a state of the art eCommerce marketplace developed to serve as the bridge between the cryptocurrency world and the real world, to satisfy the demand of consumers and merchants. It provides an efficient, blockchain-based payment processer without compromising security while seamlessly connecting Merchants, Consumers, and Developers. This platform will serve as the next generation eCommerce and payment processor featured by a dedicated token called MP Token and eCommerce marketplace. As a commodity that is not bound to any geographic restrictions or national borders, the MP Token strives to connect the real world with cryptocurrencies through future-oriented products and services.”
The CTO present at the occasion commented
“MagniPay offers a wide array of tools and plugins for enabling, integrating, managing and tracking transactions using cryptocurrency. It will offer a dedicated payment coin that would serve as multiple payment gateways, enabling efficient payment processing, remittance engine, social media tipping integration, smart contract-based escrow manager, and thus enabling the transfer of value through mobile app and the desktop wallet directly to the desired user. It targets micro, small and medium scale businesses enabling to have an online presence and thrive in the digital crypto economy.“
Visit the website https://magnipay.com to know more!
