GIGAPAY: In this article, we cover a detailed review of GIGAPAY. How does GIGAPAY Crypto work & Are important features?
About GIGAPAY
GigaPay (GPAY) is a decentralized self-hosted blockchain peer-to-peer payment processor, managing transactions collectively by its server and network. It defends the motive of Bitcoin as “Peer-to-peer electronic payments”. With low fees and decentralized in nature, the growth opportunity of GigaPay (GPAY) worldwide is enormous.
A user can purchase a product and pay in crypto. The server receives the cryptocurrency and instantly converts it into fiat currency. The exact amount of converted fiat is credited in merchant’s account. As crypto is getting popular, more businesses are accepting crypto as a form of payment. GigaPay acts as borderless and contactless payment technology designed on Binance Smart Chain.
GigaPay as a blockchain peer-to-peer payment gateway allows traders to trade and transact with each other without any centralized third party to simplify the transactions. Following the footsteps of Bitcoin, GigaPay is 100% trust less and decentralised. All parts of the transaction are performed and secured by the users of the overall currency network.
GIGAPAY Point Table
| Coin Basic | Information |
|---|---|
| Coin Name | GIGAPAY |
| Short Name | GPAY |
| Total supply | 21,000,000,000,000 GPAY |
| Max Supply | 21,000,000,000,000 GPAY |
| Official Project Website | Click Here To Visit Project Website |
GIGAPAY Price Live Data
GIGAPAY Allows Payment
With Your Crypto Anywhere. Connect wallet with exchange where you access your crypto and withdraw cash at ATM
- Pay with both Visa & Master Card
- Free plastic card for payment by one tap
- Get cashbacks from making payments by GigaPay wallet
Reason To Choose GIGAPAY Wallet
Various crypto wallets are available from number of vendors with different features. They assure you combination of speed, security and ease-to-use in a fully custodial crypto wallet. GigaPay makes buying, selling, storing, trading and using digital assets most convenient.
The app can be downloaded for free from your desktop or phone. You can just open the app and start making crypto transactions almost immediately.
Instant payment Notification
Old age form of payments such as cash, card and UPI only works when a transaction is done instant. This ensures that by the time buyer leaves from the shop buying the goods, the receives gets the payment.
Cryptocurrency being the next generation of digital payments, still the transaction speed is generally slow. Sometimes it takes an hour to complete the transaction.
It has solved this transaction speed issue to a major extent by creating an “Instant payment notification system” where the payment which is originally in crypto is converted in fiat currency in real time at current price and immediately the payment is reflected in receiver’s account in fiat anytime anywhere.
This IPN system enable developers of Merchants and corporates to integrate “GigaPay” server into their systems to start accepting payments witin seconds in their bank accounts.
Ways To Accept Crypto Payment
Accepting For E-commerce
Customer will be given an option to pay in crypto while checking out on your e-commerce website. GigaPay will handle this when it will be integrated to your system. It will automaticllay calculate how much cryptocurrency is owed for the items in customer’s basket. After selecting to pay in crypto, customer will see a cryptocurrency address or QR code. After payment, they will immediately convert it into pre-defined choice of fiat currency and pay to the merchant.
Accepting In-store Payments
Whether it’s a retail store, restaurant or a bar, customers will get an option to pay in cryptocurrency through GigaPay server intalled on the tablet or smartphone. You will enter the amount owed from the customer in fiat currency of your choice. the app will calculate the exact amount in crypto and will create a QR code which customer can scan and pay in crypto.
GIGAPAY Benefits
Full control over your funds
GigaPay transactions are 100% secured due to super strong servers. Cryptographic signatures ensure no cyber crime.
Fast payment settlement
Sending Crypto is the fastest way to send money across border. Unlike bank, which takes three business days and charges huge fees to process an international transaction.
No Fees
For any transaction, only network fees is applicable and there are “No hidden charges”. Period.
24/7 Support
You can transact sitting anywhere in the world anytime. They serves is always running no matter what with no space for technical glitch.
Easy of Making payment
They allows you to pay with a simple two-step scan-and-pay. There’s no need to sign up, swipe your card, type a PIN, or sign anything.
100% Privacy
Send money anywhere without revealing your identity. Moreover, no credit card so no sign in required and your money cannot be stolen.
Free Exposure To Grow
Accepting crypto is a good way to get new customers and give your business some new reach. Accepting a new payment method has often shown to be a clever practice for online businesses.
Transparency
No need to main accounting documents for your activity. As This is blockchain based, it offers you 100% transparency and your balances and transaction history is readily available in seconds.
GigaPay Conclusion
GigaPay (GPAY) serves as a decentralized self-hosted blockchain payment processor that represents the original vision of Bitcoin for peer-to-peer electronic transactions. With minimal transaction fees and its decentralized design, GPAY stands as a strong competitor in digital payments.
GPAY gives users the convenience of purchasing products using cryptocurrency, with its server seamlessly converting digital assets into fiat currency in real-time – eliminating volatility concerns while opening doors for wider cryptocurrency adoption.
The holds enormous global potential, providing individuals and businesses alike with a user-friendly, cost-effective, and efficient payment solution. As cryptocurrency continues to disrupt traditional financial models, its decentralized, low fee model holds great promise for the future of digital transactions.
GigaPay FAQ
What is GigaPay (GPAY)?
This is a decentralized self-hosted blockchain payment processor designed to facilitate peer-to-peer electronic payments. It aligns with Bitcoin’s original vision of enabling direct digital transactions while offering low fees and a decentralized infrastructure.
How does GigaPay work?
Users can purchase products using cryptocurrencies on platforms that integrate GigaPay. The platform’s server receives the cryptocurrency payment and instantly converts it into fiat currency. The exact converted fiat amount is then credited to the merchant’s account.
Why should I use GigaPay?
They provides a seamless and cost-effective way to use cryptocurrencies for everyday transactions, combining the benefits of digital currencies with the stability of fiat. Its low fees and decentralized nature make it an attractive option for both buyers and sellers.
Is GigaPay secure?
Yes, GigaPay leverages blockchain technology to ensure secure and transparent transactions. The decentralized network reduces the risk of central authority control or security breaches.
Which cryptocurrencies are supported by GigaPay?
The aims to support a wide range of cryptocurrencies, making it accessible to users with various digital assets.
Is GigaPay regulated by any government authorities?
The decentralized nature means it operates independently, but users and merchants should comply with local regulations regarding cryptocurrency usage.
