PlusBit is designed for merchants to be able to accept cryptocurrencies quickly, easily, and securely. In order to further adoption of cryptocurrency we need to make it easy for merchants to accept it as a form of payment. This system will enable them to do so.
PlusBit eliminates the involvement of a third-party processor, allowing merchants to accept payments directly from their customers within seconds, in a secured and trustless environment. The deployment of the PlusBit POS system is anticipated to bring blockchain-enabled payment technology to the mainstream, while keeping the transactions seamless and cost-free.
Unlike custodial processors, PlusBit does not store or withhold any funds of merchants. It is an entirely P2P payment solution, with the convenience and benefits of a payment processor. PlusBit never has access to merchant’s private key, and money goes directly to their cold wallet.
Why use this instead of a mobile wallet?
One of the main reasons a merchant would use this app over the standard mobile wallet would be to have an experience they are familiar with. It has been designed to be very closely related to credit card processing machines in this respect.
The main reason however, besides ease of use and familiarity, is the fact that this terminal is not a wallet. Several factors to consider;
- PlusBit only generates the payment requests to a wallet that the merchant controls on a different machine. This means that there is no control of the coins from the POS software. This situation works especially well when you have employees that may access this machine as well.
- Keeping your private keys offline is always a bonus!
- Your wallet may need time to sync.
- Unlocking wallet in front of customers is not safe.
What are the features?
- No need to purchase hardware, convert smartphone or tablet to POS device
- PlusBit does not get any fee from TXs
- There is no monthly fee for users. PlusBit is a free mobile Point-of-Sale app.
- Supports Multilanguage (en, es, tr, de, it, ru).
- Supports 12 fiat units
- No KYC
- No registered account
- No control of the coins from the POS software
- PlusBit does not hold or store your coin ad private key. You have immediate ownership and full control of your money.
How It Works?
- Connect your business wallet address to app, which is where you’ll receive payments.
- Enter sale amounts in your local currency and have them converted to an amount in crypto. A QR code will then appear for your customer to scan using their own personal wallet.
- After your customer pays, an on-screen verification will pop up. The payment will then land in your business wallet. You can watch your balance information also.
For enquiries & support
- Website: https://plusbit.tech/
- Telegram: https://t.me/PlusBitPos
- Twitter: https://twitter.com/PlusBitPos
- Email: [email protected] ; [email protected]
- Discord: https://discord.gg/9dXnmCz
Find out more about PlusBit at our website here: https://plusbit.tech/