The growing blockchain payment market, despite concerns and high expectations.
Despite initial misuse of cryptocurrencies like Bitcoin, blockchain has proven its value by enhancing speed and security in mobile payments. The market for blockchain-based mobile payments is projected to surpass $193.7 billion by 2028.
Blockchain payment system that leads the way with simplicity, speed, efficiency, and security
Cryptocurrency-based financial and payment systems (DeFi) have improved in simplicity, speed, efficiency, and security over the existing centralized financial system (CeFi) since COVID-19. Many countries and companies are now adopting it.
Representative examples of payments made using blockchain
P2P (Peer-to-Peer) payment
Blockchain P2P payments are processed quickly and in real time, and security is strengthened, making them safer and more efficient than traditional P2P payments.
Trade finance payments
Blockchain payment systems automate trade finance paperwork, ensure transparent record-keeping, reduce errors, and streamline processing.
Digital Identity Verification (DID) at Payment
The blockchain payment system safely stores pre-verified identity information, helping you make payments quickly without repeated identity verification.
The beginning of CPay and meeting with the Polygon network
In August 2024, C-CASH switched from Ethereum’s ERC-20 to Polygon, which handles 65,000 transactions per second with low fees, compared to Ethereum’s 17 transactions and up to $80 in fees during congestion.
Four major tasks to become the best blockchain payment gateway platform
Cryptocurrency-based financial and payment systems (DeFi) have improved in simplicity, speed, efficiency, and security over the existing centralized financial system (CeFi) since COVID-19. Many countries and companies are now adopting it.
Cryptocurrency-based financial and payment systems (DeFi) have improved in simplicity, speed, efficiency, and security over the existing centralized financial system (CeFi) since COVID-19. Many countries and companies are now adopting it.
Reduce costs by providing a wide range of blockchain payment solutions
CPay provides a variety of payment platform options and operating fee solutions, and is naturally expanding its user base by collaborating with existing payment platforms.
Each store does not accept cash but directly receives C-CASH, allowing for simple and fast settlement.
Protect merchants with optimized software and POS system
CPay is developing software and POS optimized for the blockchain payment platform, and is adopting a method of depositing cash in a partner bank and paying directly to affiliated stores to resolve price fluctuation risks.
PayFi ecosystem being completed with C-CASH and CPay
C-CASH platform users can use DeFi staking and CPay points throughout the Philippines, and can also conveniently use them on the Security Token Offering Platform (STO) and Metaverse Entertainment Platform in the future.