ADash (DASH) will soon become the preferred cryptocurrency option for Paycent, a hybrid wallet for fiat and digital assets. Users will be able to buy, sell and convert digital assets in seconds. This will be acheivable due to the integration of the top digital currency payments app.
In addition, Dash users will be able to utilize Paycent’s Dash-to-Fiat instant liquidity functionality. This will help secure way of making payments at local merchants. According to Dash Core Group Director of Business Development, Bradley Zastrow, the integration will make cryptocurrency payments a mainstream reality.
“Paycent’s real-time transaction speed and multiplatform API makes this a great opportunity for anyone, regardless of experience with digital assets, to make payments to merchants and pay cross-border remittances using their smartphone,” said Mr. Zastrow.
The wallet runs on a virtual channel. It’s made of two apps, one for users, and the other for merchants. The app offers merchants and normal users a secure and convenient digital platform. The platform will also be capable of making and receiving virtual currency payments. Additionally, it will make it possible to send and receive funds along with paying bills without cash or credit card use.
The addition of fiat and digital asset mobile wallets, and the availability of the Paycent Card, opens the door for cryptocurrency spending. The opening will include 200 countries via the Paycent app. The card is currently in use in 36 million places.
Paycent’s dash integration will use web services and infrastructure provider BlockCypher, which specializes in blockchain agonistic solutions. The combination may also solve one of the most significant problems that has preventing most people from using cryptocurrencies to make payments.
Settlement times are set to receive a big boost. This will make it easy for people to make payments to merchants with the touch of a button. No other digital asset can compete with Dash’s InstantSend transaction speeds thus giving Paycent’s users every reason to adopt the payment option.
Dash becomes the first entry into real life consumer payments as it moves to compete against credit and debit cards. Paycent intends to bridge the gap and create a complete fiat and digital asset ecosystem through the Dash intergration.
Already, the company has secured regulatory licenses allowing it to operate in the UAE, Philippines, Singapore and Hong Kong. It is also in discussion with several governments and banks about the possibility of creating a more extensive ecosystem of Paycent and Paycentos.