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Topic: Contactless Payments with Bitcoin at any NFC-enabled merchant - page 2. (Read 2128 times)
Bitcoin accepted everywhere. That’s the dream, right?
Just like you, we want every merchant to accept Bitcoins and other digital currencies. But the fact is most merchants have been slow to get on board – which is understandable. They’re not clued up about crypto like you, so they’re naturally sceptical about it. And a merchant that starts to accept Bitcoin is still a notable celebration that echoes on the community message boards.
We want to change that. The problem is we have a big chicken and egg issue with Bitcoin. Without enough merchants, Bitcoin will struggle to become mainstream. But without mainstream use merchants don’t have enough incentive to accept it. Take NFC contact-less card payments, for example. Three years ago the market was at a standstill at around £650m. It has since grown tenfolds and is predicted to reach £17.7 billion next year in the UK alone. This is thanks to a small company called Transport of London, which was one of the first merchants to accept contactless payments, moving us faster towards a cashless society.
Plutus solves this problem by circumventing it. Instead of trying to dig a tunnel through the mountain, we’ve built a fast road around it.
Plutus uses the existing infrastructure to give you a technology that lets you pay with Bitcoin at dedit card (contactless) accepting merchants worldwide, using your Plutus mobile wallet. The store does not need to accept Bitcoin, which makes Plutus a extremely efficient way to spend your digital currencies.
Instead of using a third part exchange for conversion we use a true peer to peer decentralised [DEX] method for transfer of value.
We're at the early alpha phase and conducted a first succesful instore test today. So we wanted to introduce this to the community for your valuable feedback and support.
Website: https://plutus.it
Evergreen blog post covering important questions: https://plutus.it/blockchain/infographic-how-do-we-expand-the-use-of-bitcoin/
Twitter: https://twitter.com/Plutus_TapPay
Just like you, we want every merchant to accept Bitcoins and other digital currencies. But the fact is most merchants have been slow to get on board – which is understandable. They’re not clued up about crypto like you, so they’re naturally sceptical about it. And a merchant that starts to accept Bitcoin is still a notable celebration that echoes on the community message boards.
We want to change that. The problem is we have a big chicken and egg issue with Bitcoin. Without enough merchants, Bitcoin will struggle to become mainstream. But without mainstream use merchants don’t have enough incentive to accept it. Take NFC contact-less card payments, for example. Three years ago the market was at a standstill at around £650m. It has since grown tenfolds and is predicted to reach £17.7 billion next year in the UK alone. This is thanks to a small company called Transport of London, which was one of the first merchants to accept contactless payments, moving us faster towards a cashless society.
Plutus solves this problem by circumventing it. Instead of trying to dig a tunnel through the mountain, we’ve built a fast road around it.
Plutus uses the existing infrastructure to give you a technology that lets you pay with Bitcoin at dedit card (contactless) accepting merchants worldwide, using your Plutus mobile wallet. The store does not need to accept Bitcoin, which makes Plutus a extremely efficient way to spend your digital currencies.
Instead of using a third part exchange for conversion we use a true peer to peer decentralised [DEX] method for transfer of value.
We're at the early alpha phase and conducted a first succesful instore test today. So we wanted to introduce this to the community for your valuable feedback and support.
Website: https://plutus.it
Evergreen blog post covering important questions: https://plutus.it/blockchain/infographic-how-do-we-expand-the-use-of-bitcoin/
Twitter: https://twitter.com/Plutus_TapPay
I am getting the same error as the above user mentioned. I do not fully understand how this work. So, basically I can pay using Bitcoin at any shop that accept Dedit (debit?) card. I just need to use my phone NFC functionality to make my phone a dedit (debit?) card?
Yes precisely. Bitcoins you deposit are converted to your local currency on the DEX network and funded on to your virtual debit card to spend at NFC checkout terminals worldwide. Explained in this blog here: https://plutus.it/blockchain/infographic-how-do-we-expand-the-use-of-bitcoin/
Ddos, should be up shortly.
Bitcoin accepted everywhere. That’s the dream, right?
Just like you, we want every merchant to accept Bitcoins and other digital currencies. But the fact is most merchants have been slow to get on board – which is understandable. They’re not clued up about crypto like you, so they’re naturally sceptical about it. And a merchant that starts to accept Bitcoin is still a notable celebration that echoes on the community message boards.
We want to change that. The problem is we have a big chicken and egg issue with Bitcoin. Without enough merchants, Bitcoin will struggle to become mainstream. But without mainstream use merchants don’t have enough incentive to accept it. Take NFC contact-less card payments, for example. Three years ago the market was at a standstill at around £650m. It has since grown tenfolds and is predicted to reach £17.7 billion next year in the UK alone. This is thanks to a small company called Transport of London, which was one of the first merchants to accept contactless payments, moving us faster towards a cashless society.
Plutus solves this problem by circumventing it. Instead of trying to dig a tunnel through the mountain, we’ve built a fast road around it.
Plutus uses the existing infrastructure to give you a technology that lets you pay with Bitcoin at dedit card (contactless) accepting merchants worldwide, using your Plutus mobile wallet. The store does not need to accept Bitcoin, which makes Plutus a extremely efficient way to spend your digital currencies.
Instead of using a third part exchange for conversion we use a true peer to peer decentralised [DEX] method for transfer of value.
We're at the early alpha phase and conducted a first succesful instore test today. So we wanted to introduce this to the community for your valuable feedback and support.
Website: https://plutus.it
Evergreen blog post covering important questions: https://plutus.it/blockchain/infographic-how-do-we-expand-the-use-of-bitcoin/
Twitter: https://twitter.com/Plutus_TapPay
Just like you, we want every merchant to accept Bitcoins and other digital currencies. But the fact is most merchants have been slow to get on board – which is understandable. They’re not clued up about crypto like you, so they’re naturally sceptical about it. And a merchant that starts to accept Bitcoin is still a notable celebration that echoes on the community message boards.
We want to change that. The problem is we have a big chicken and egg issue with Bitcoin. Without enough merchants, Bitcoin will struggle to become mainstream. But without mainstream use merchants don’t have enough incentive to accept it. Take NFC contact-less card payments, for example. Three years ago the market was at a standstill at around £650m. It has since grown tenfolds and is predicted to reach £17.7 billion next year in the UK alone. This is thanks to a small company called Transport of London, which was one of the first merchants to accept contactless payments, moving us faster towards a cashless society.
Plutus solves this problem by circumventing it. Instead of trying to dig a tunnel through the mountain, we’ve built a fast road around it.
Plutus uses the existing infrastructure to give you a technology that lets you pay with Bitcoin at dedit card (contactless) accepting merchants worldwide, using your Plutus mobile wallet. The store does not need to accept Bitcoin, which makes Plutus a extremely efficient way to spend your digital currencies.
Instead of using a third part exchange for conversion we use a true peer to peer decentralised [DEX] method for transfer of value.
We're at the early alpha phase and conducted a first succesful instore test today. So we wanted to introduce this to the community for your valuable feedback and support.
Website: https://plutus.it
Evergreen blog post covering important questions: https://plutus.it/blockchain/infographic-how-do-we-expand-the-use-of-bitcoin/
Twitter: https://twitter.com/Plutus_TapPay
I am getting the same error as the above user mentioned. I do not fully understand how this work. So, basically I can pay using Bitcoin at any shop that accept Dedit (debit?) card. I just need to use my phone NFC functionality to make my phone a dedit (debit?) card?
Error establishing a database connection
Website: https://plutus.it
Plutus.it White Paper: https://plutus.it/assets/Plutus.it-White-Paper-v1.0.pdf
White Paper (blog): https://medium.com/@PlutusIT/plutus-it-white-paper-the-next-generation-payment-system-875651ec43f4
Get Plutons: http://getplutons.plutus.it/
PLUTON - How will the crowdsale work
Please see this blog for frequently asked questions: https://medium.com/@PlutusIT/an-in-depth-look-at-plutus-it-frequently-asked-questions-9d92696ca9af
Videos: https://vimeo.com/user44924752/videos
Community Slack Group: http://slack.plutus.it/
"We believe this was the first payment at the Apple store, with a Bitcoin app."
Plutus.it White Paper: https://plutus.it/assets/Plutus.it-White-Paper-v1.0.pdf
White Paper (blog): https://medium.com/@PlutusIT/plutus-it-white-paper-the-next-generation-payment-system-875651ec43f4
Get Plutons: http://getplutons.plutus.it/
PLUTON - How will the crowdsale work
Please see this blog for frequently asked questions: https://medium.com/@PlutusIT/an-in-depth-look-at-plutus-it-frequently-asked-questions-9d92696ca9af
Videos: https://vimeo.com/user44924752/videos
Community Slack Group: http://slack.plutus.it/
"We believe this was the first payment at the Apple store, with a Bitcoin app."
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