Cashpay, Cryptocurrency, e-commerce, Marketplace

PRESS RELEASE. CashPay brings ecommerce a step closer to Blockchain Technology through an open distributed ledger that records transactions between two parties in a decentralized manner that involves trust, faster transactions, no hidden costs, etc.

With its launch in 2021, the CashPay platform is going to start with the initial implementation of $CPZ (token), closely followed by CPZ Beta. The company is also going to launch country-specific ecommerce websites and smartphone apps. CashPay is basically a “marketplace for Direct Customersâ€, a king of payment gateway solutions, which uses Utility Token ($CPZ) or cryptocurrency to make transactions happen. Currently, the company is at a nascent stage but its products are futuristic—CashPay Shop, CashPay EZ (Payment Gateway) and CashPay Passport (Merchant Wallet). The company is betting on the multi-fold growth in the ecommerce market over the past few decades, which has shifted towards transactions done through cryptocurrency.

In the company’s words, “CashPay is the bridge. We have developed a fully functional ecommerce marketplace that serves as a shop where buyers can purchase a variety of goods by paying with cryptocurrency. In addition to the marketplace, we are working on a Payment Gateway that can be integrated on partner and existing ecommerce websites, allowing the consumers the option to pay through cryptocurrency.†The company will encourage online transactions with the use of CashPay tokens ($CPZ). Additionally, CashPay will also streamline the whole process of the transaction by making use of a Merchant Wallet that will be used like the current electronic wallets, with cryptocurrency in it, instead of bills. The company is on a mission to “fix the inability of the existing ecommerce to benefit from the multi-faceted world of Blockchain Technology.â€

CashPay Shop

The most awaited platform is here – a cryptocurrency-enabled marketplace where users can buy a wide range of products using the CashPay tokens. As of now, electronics, accessories, smart wearables, smartphones, video games, etc. are a part of the ecommerce platform that is powered by the $CPZ token. Strategic partnerships with top producers and brands are already underway that shall see a lot of big names become a part of this revolutionary Blockchain project. To incentivise the customers. All the products are priced at a discount with the company guaranteeing the lowest market rates on every product – pitting themselves against the likes of e-commerce retail giants like Amazon, Flipkart as well as AliExpress.

Among the impressive set of future plans are CashPay ‘SuperStores’, a line of brick-and-mortar stores set up worldwide that would serve as retail megastores and outlets to facilitate off-line commerce through cryptocurrency, thus adding another dimension to the ambitious project.

CashPay Token

CashPay is powered by its native token $CPZ. CashPay Token is an erc-20 token that is built on the Ethereum blockchain network. You can learn more about the token and its applications on its website. With CashPay Token pre-sale going live by Wednesday, January 27, The CashPay Shop is scheduled to go live by Friday – January 29, 2021 with the platform ready to cater to the global market.

The robust social media presence of CashPay is already creating the right buzz among potential consumers as well as merchants.

Media Contact: contact@cashpaygroup.com


RELATED NEWS

John McAfee Indicted by DOJ Over Alleged Cryptocurrency Fraud Charges

Tech entrepreneur and former anti-virus tycoon John McAfee has been indicted by the U.S. Department of Justice (DoJ) on money laundering and fraud charges. The United States Attorney for the Southern District of New York and the FBI unsealed the indictment charging McAfee and his associate Jimmy Watson with securities fraud. John McAfee Indicted by […]

Xem chi tiết: John McAfee Indicted by DOJ Over Alleged Cryptocurrency Fraud Charges

Kentucky Pushes Mining Tax-Breaks in Bid to Attract Crypto Community

The Kentucky House Budget Committee approved a bill in a 19-2 vote to eliminate the sales tax on electricity for use in cryptocurrency mining operations. The bill, designed to attract more miners to the state, is now in the Kentucky Senate for review. Lawmakers Urge Greater Crypto Appeal Despite Purported Costs Motivated by the explosive […]

Xem chi tiết: Kentucky Pushes Mining Tax-Breaks in Bid to Attract Crypto Community

Bitcoin to Reach $100K to $288K in 2021? Stock-to-Flow Models Suggest It Could

The creator of the notorious stock-to-flow model (S2F), Plan B has recently detailed that the price of bitcoin has surpassed the S2F model price by 26%. The strong momentum has a number of crypto enthusiasts thinking that bitcoin prices reaching the $100k to $288k range by the year’s end is possible. Price of Bitcoin 26% […]

Xem chi tiết: Bitcoin to Reach $100K to $288K in 2021? Stock-to-Flow Models Suggest It Could

An Iranian Think Tank Recommends the Use of Cryptocurrencies to Circumvent Sanctions

A think tank affiliated with the Iranian Presidency has unveiled a study report that encourages the use of cryptocurrencies in circumventing sanctions against the country. In addition, the report also claims the government could potentially “generate US$2 million a day and $700 million a year in direct revenue from cryptocurrencies.†Employment Opportunities Meanwhile, as reported […]

Xem chi tiết: An Iranian Think Tank Recommends the Use of Cryptocurrencies to Circumvent Sanctions

The Largest US Options Exchange Cboe Applies to List Vaneck’s Bitcoin ETF

The Chicago Board Options Exchange (Cboe) has applied to list the Vaneck Bitcoin Trust, as an exchange-traded fund (ETF) if the fund is approved by the U.S. Securities and Exchange Commission (SEC). The filing Form 19b-4, if approved by financial regulators, would allow Cboe to “list and trade shares of the Vaneck Bitcoin Trust.†Cboe […]

Xem chi tiết: The Largest US Options Exchange Cboe Applies to List Vaneck’s Bitcoin ETF

20 Bitcoin Block Rewards from 2010 Moved Today, Mystery Miner Spent $400 Million in BTC Since Black Thursday

On Saturday, February 27, 2021, news.Bitcoin.com reported on the great number of 2010 and 2011 block rewards being spent this year. In that report, it was said that the mysterious whale entity we’ve been hunting “did not move a major string of bitcoin’s†since January 25. Following the publishing of that study, on Sunday, the […]

Xem chi tiết: 20 Bitcoin Block Rewards from 2010 Moved Today, Mystery Miner Spent $400 Million in BTC Since Black Thursday

BTC Balance Sheets: 42 Companies Hold 1.3 Million Bitcoin Worth More Than $65 Billion

Since the company Microstrategy shifted a lot of its treasury reserves into bitcoin, a great number of companies have followed the firm’s lead. According to the web portal, bitcointreasuries.org, data shows that 42 companies are now represented on the list and the businesses hold more than $65 billion worth of bitcoin. The Corporate Bitcoin Stash- […]

Xem chi tiết: BTC Balance Sheets: 42 Companies Hold 1.3 Million Bitcoin Worth More Than $65 Billion

20 Bitcoin Block Rewards from 2010 Moved Today, Mystery Miner Spent $400 Million in BTC Since Black Thursday

On Saturday, February 27, 2021, news.Bitcoin.com reported on the great number of 2010 and 2011 block rewards being spent this year. In that report, it was said that the mysterious whale entity we’ve been hunting “did not move a major string of bitcoin’s†since January 25. Following the publishing of that study, on Sunday, the […]

Xem chi tiết: 20 Bitcoin Block Rewards from 2010 Moved Today, Mystery Miner Spent $400 Million in BTC Since Black Thursday

Coinbase Files for IPO via Direct Listing on Nasdaq — Valuation Soars Above $100 Billion

Nigerian Vice President Yemi Osinbajo Contradicts Central Bank, Says Cryptocurrencies Must Regulated and Not Prohibited

Central Bank of Nigeria Governor Defends Decision to Exclude Crypto Players, Says the Order Is ‘in the Best Interests of Nigerians’

Coinbase Files for IPO via Direct Listing on Nasdaq — Valuation Soars Above $100 Billion

Binance Suspends Ethereum and ERC-20 Token Withdrawals Before Quickly Reversing Course

‘Bitcoin Is the Biggest Jailbreak in Human History,’ Says Philosopher Stefan Molyneux

Bitcoin’s Watershed Moment- Crypto Asset Commands a $1 Trillion Market Capitalization

As Millions Drown in Today’s Poverty Trap, Macro Strategist Raoul Pal Says ‘Bitcoin Is a Life Raft’

Other Articles