Retail purchases & payment services is seeing an exponential growth with the rapid adoption of cryptocurrencies. With the overall crypto market reaching close to 3 trillion dollars, retail payments using cryptocurrencies are expected to cross over a trillion dollars in the foreseeable future. —
With the increasing popularity of Metaverse infrastructure development there is a need for decentralized money that can be used seamlessly around the globe. A platform that enables crypto-based retail payments while also authorizing crypto transactions in the Metaverse is definitely needed. Retail Pay Token (RPAY) isn't holding back, declaring its launch with the bold assertion of providing solutions to these issues.
As cryptocurrency prices rise, crypto enthusiasts are looking for a secure hybrid payment gateway to bridge the gap between fiat and crypto transactions.
RPAY is a cryptocurrency-based platform that allows users to make retail and metaverse payments all around the world. Customers and merchants can use the platform's dynamic virtual payment cards to conduct crypto & fiat linked purchases. This payment method gives access to fiat currencies on-demand from anywhere in the world. Cryptocurrency users can convert their crypto-to-fiat currencies into virtual payment cards, which in turn can be used to buy products and services. The platform also rewards users with RPAY tokens for every purchase, stored in the RPAY digital wallet.
RetailPay token will be a game-changer since they simplify cryptocurrency purchases in the retail sector. The user will not only save money and earn more rewards, but they will also avoiding unnecessary transaction fees when making direct purchases using Retail pay tokens(RPAY).
While it is unclear how much a Facebook metaverse will reflect the crypto ethos and decentralization, we see it as a telling sign that even the world's largest tech companies are beginning to embrace the metaverse concept and recognize its enormous potential.
As metaverses continue to transform our lives, RPAY platform's core focus is to position itself as the key Metaverse payment provider. RPAY fills this void as it is a blockchain-based open payment and settlement system designed to meet the needs of Metaverse users for fast and secure peer-to-peer payments.
This built-in payment gateway will make it easier to convert RPAY tokens or any other cryptocurrency owned by a user into a local currency RPAY virtual payment card. RetailPay is delighted to announce that RPAY tokens will be available for purchase on November 18th, 2021.
Conclusion: Although it is difficult to predict cryptocurrency future trends, we will undoubtedly see an increase in crypto payments. RetailPay token is getting ready to enter the crypto world, allowing customers to make crypto-to-fiat transactions while shopping for anything. The platform aims to get rid of controlled fiat currencies and provide consumers the freedom to trade with cryptocurrencies both in the real and virtual world On November 18th, 2021, the platform will debut its RPAY token.
For the latest news on RPAY, check out their Telegram group and Twitter.
Release ID: 89052890