Today, bank cards remain the most widespread payment method across the world for buying products, both online and offline. Even if the business doesn’t accept credit or debit cards, one can always pay by cash which is generally withdrawn from the bank account where it is usually stored. Either way, the bank always wins.
But not for long, thanks to the growing adoption of cryptocurrencies as the alternative “universal currency”. If you still don’t think this can become the future of money, take a look at the Bitcoin prices. A few years ago, the cryptocurrency was trading at $100, and now a single Bitcoin is valued over $5000. The same can be said for Ethereum which has risen from just $8.24 in January to a little over $300.
Whatever the bright future is predicted for both Bitcoin and Ethereum, their availability as a universal payment method is soon becoming a reality. Bonpay – the global solution company by a team of experienced professionals and cryptocurrency enthusiasts has taken up the challenge to end the reign of bank cards as the most preferred payment medium. The platform, whose token sale is set to go live on October 31, 2017, is designed to reduce, if not eliminate the roadblocks and challenges currently faced with the usage of cryptocurrency as a standard payment method. By getting rid of the brakes, Bonpay looks forward to driving cryptocurrency adoption to eventually turn it into a mainstream payment method.
Bonpay has already launched its own state-of-the-art wallet which is easily accessible and offers convenient services to its users. The wallet will be accompanied by its own mobile app, available for free on both Android and iOS devices.
Registered users of the Bonpay wallet will have access to a multi-currency account and a private key which will at first be stored to safeguard the user’s funds. The wallet also has its own FREE virtual and plastic cards for online and offline purchases.
The token sale, starting on October 31, will allow participants to purchase the platform’s native tokens. As a token holder, the participant will be eligible to enjoy a 0.65% incentive reward, while cardholders receive a 0.15% cash back bonus in the form of Bonpay Tokens (BON).
Participants in the crowdsale can purchase BON tokens with ETH, BTC, LTC, DASH, ETC, BCH and XRP payments. Other supported cryptocurrencies include OMG, Qtum, PAY, GNT, REP, MTL, BAT, CVC, GNO, SNGLS, MCO, and TKN. According to Bonpay Whitepaper early birds will be rewarded with 20% bonus during the first 24 hours, 15% for the first 2-3 days, 10% for 4-7 days, and 5% during the following 8-14 days. To take advantage of these offers, subscribe to the Bonpay Token Sale now!