Uniting the World together with Payment Solutions
After recently speaking with one of PIN’s community members in Nigeria, I began reflecting on how far-reaching this project has become. Even in the infancy stage of the PayItNow Token, a growing global community has assembled to support and cheer on a team from Christchurch, New Zealand as they bring their vision for seamless cryptocurrency transactions at lightning quick speeds to the marketplace.
The force behind what has allowed community interaction and cryptocurrency transactions to coalesce has been the ability of the PIN Team to see beyond obstacles and solve problems. In doing so, the team have laid hold of the vision from which the project began…. To allow all people to safely and securely use cryptocurrencies to pay for goods and services, and to allow merchants to accept cryptocurrency payments and reward their valued customers with crypto in the form of the PIN token.
This vision is upon us now. Businesses are signing up to offer the service to their customers in the New Zealand market. This once-small team of Craig, Jit, and Anna has grown to include many talented community members from around the world who have added tremendous value and direction to the PIN project.
Mass adoption of cryptocurrency is underway as PayItNow integrates their services into local businesses. Customers who have never held a single cryptocurrency in their life will be rewarded with PIN tokens every time they shop at brick and mortar or online businesses within the PIN Partners Network. This innovative reward system effectively creates new crypto holders. Customers can then simply download the PIN Network App for iOS or Android in the respective app stores, sign in, and they are now holders of the PIN token. PINs can then be held or used on all future purchases within the PIN Partners Network.
Holders of the PIN token will see value gains in their wallets. A 1% reflection from every single transaction that ever occurs in the PIN Network will be shared with every holder, adding real value to their rewards. The value of the token will also rise with every buy on the market chart, making these the best customer rewards a Merchant can offer.
Merchants who Partner with Pin benefit from integrated POS software for seamless transactions using crypto in real time at lightning-fast speeds on the Layer 2 Network the PIN team have developed, and customers don’t even have to connect their PIN wallet. Just scan the QR code and you’re out the door. Further, Merchants benefit from a 0.5% transaction fee, directly affecting the bottom line in a very positive way, something any business owner can get excited about.
It’s no wonder that people from around the world, from Canada to Africa, the US to Australia, Europe to New Zealand, have an eye on this project. With a firmly laid foundation, PIN is poised to be the leading payment gateway for cryptocurrency, and it’s been a true joy to watch the team develop and grow in 2022.