Financial Payment Service
fanC's financial payment service is a groundbreaking concept that combines the innovative features of cryptocurrencies with the safety and decentralization of blockchain technology, which serves as a secure and decentralized digital ledger. When cryptocurrency payments occur, transaction records are added to the blockchain, ensuring transparency and immutability. fanC's payment service is set to drive forward with POS payments and transfer services, among other initiatives.
POS Payment Service
We partner with international payment networks like Visa/Mastercard to issue fanC debit or credit cards.
The proposed Fancy Card enables the use of cryptocurrencies at all merchants using the existing Visa/Mastercard network. When using the fanC card, cryptocurrencies are converted to fiat currency at the time of purchase.
Sellers process payments and settlements in fiat currency, requiring no additional development.
With the fanC card, users can make payments directly without the need to convert their held cryptocurrencies in advance. They can use the card at all Visa/Mastercard merchants, providing extensive purchasing power for cryptocurrencies.
Ultimately, Fancy Financial Payment Services plan to introduce PayPal stablecoins and similar options to build a service enabling payments and settlements in cryptocurrencies.
Overseas Remittance Service
Utilizing the amount to be remitted, the cryptocurrency for remittance, and the recipient's wallet address information provided on the fanC remittance service platform, the remittance is initiated.
Leveraging blockchain networks, the specified cryptocurrency is transferred to the recipient's cryptocurrency wallet address.
The recipient then converts the received cryptocurrency into local currency using cryptocurrency exchanges or other services.
By utilizing the fanC remittance service platform, users can experience significantly faster processing times compared to traditional bank remittances and benefit from competitive exchange rates. This enables them to gain economic advantages. Additionally, as the platform bypasses traditional banking systems, it proves particularly useful in regions with limited access to banking services.
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