ARAW
This is 2018; the year of
cryptocurrency as widely speculated by many crypto experts and analysis, and
the question asked by most people is “what is the best crypto to invest in this
year”. The coin market cap and the associated crypto-coin price that comes with
is enough, a reason to invest in crypto this year. There are many
crypto-trading groups and cryptocurrencies; each disrupting and decentralising
different industries but no remarkable progress has been directed towards
having a more decentralised and crypto coin for the micropayment industry,
especially for the retail and E-commerce industry.
What is Araw Pay?
Araw Pay is a system that
allows merchants to accept payments in the ARAW token cryptocurrency on their
online platform or store. It is an open widget that is easy to use and can be
integrated into existing online stores. It is comparable to other payment gateway
providers, although payments are done in cryptocurrency rather than fiat. It is
not just a payment widget, it is also the gateway to an ecosystem — the ARAW
Token Ecosystem. It opens the door for merchants to an Open API platform, a
fully featured e-commerce marketplace, a mobile and web wallet and a unified
rewards system. Businesses that decide to implement Araw Pay into their
platform take a leap forward into the future of E-commerce and Payments.
How does it work?
The core strengths of
Araw Pay lie in its simplicity, ease of use and ease of implementation. The
business will simply need to add the widget to their online marketplace and
customers will then be able to pay using ARAW tokens. The best way to explain
how the decentralised cryptocurrency payment gateway works is by using an
example.
What is the ARAW’s Vision?
ARAW’s vision is “To be at the forefront of the
global Blockchain User Adoption”by using intuitive and seamless
integration of vastly used E-Commerce channel with the Decentralised Payment so
regular people across the world can benefit from the cryptocurrency without
needing them to change their shopping behavior or understand the complexity of
the blockchain technology.
Why and how will it disrupt the
E-Commerce and Payments Industry?
As mentioned previously,
Araw Pay offers a lot of benefits, which is why it has the potential to disrupt
the E-Commerce and Payments Industry. At launch, multiple stores will be able
to easily add the simple Araw Pay widget that will allow customers to pay with
the ARAW token. The merchants will then be able to receive these tokens and
redeem them against fiat, or any other cryptocurrency, through the ARAW
platform. The fact that the whole system works as an Open API makes it easy to
predict that a lot of merchants and businesses around the world will make the
transition to the ARAW Ecosystem. It will truly transform the e-commerce
landscape, by making digital currencies work hand in hand with physical and
web-only stores. Since it provides an all in one, end-to-end solution,
merchants won’t have to worry about multiple payment gateways and providers,
multiple APIs, different currencies, or any other hurdles that are currently
slowing them down. If the ARAW Token Ecosystem is the future of the E-commerce
and the Payments Industry, Araw Pay is the fuel that will make it work.
For more information :
Author :
Ardiansaja
0x42698392A96EF9DB4bC17bc8bd3852Bf89418b4f
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