Appay is platform built on Ethereum blockchain that offers solution to three major app payment related issue i.e. the wait time for a transaction, trust and payment fees. The platform began its operations in Canada where the token APY is launched by the company. Today the value of token during pre-ICO is 1 ETH=6000 APY.

When a customer makes a purchase, they are suppose to enter the personal information, which gets stored in the app. Most of the users have become reluctant as the cyber frauds are increasing which results in low revenues. Thus Appay keeps the transaction anonymous without requesting any information thereby increasing trust and eventually revenue for a brand/company. Another issue, which is addressed by Appay, is reducing the payment fee. Most of the apps charge 30% while if an app uses Appay; the payment fee comes down to 2.5%. This increases the revenue exponentially. Lastly, when a purchase is made through an app, the payment wait time after the sale can be for months, which can be frustrating for the seller and the developer too. Using Appay, the payment become instant and sellers can see their money in their accounts instantly.

Appay is able to offer these solutions through a payment gateway where purchases can completed using APY tokens. The Appay will provide a software development kit (SDK) to the developers who can easily incorporate it into the existing apps. The funds transfer will occur on Ethereum network where the APY coin will reach from the customer’s wallet to owner’s wallet directly.

  • Details
  • Appay is able to offer these solutions through a payment gateway where purchases can completed using APY tokens. The Appay will provide a software development kit (SDK) to the developers who can easily incorporate it into the existing apps. The funds transfer will occur on Ethereum network where the APY coin will reach from the customer’s wallet to owner’s wallet directly.

Team

  • Name
  • Position
  • Links
  • David Boulette
  • Co-Founder
  • Faizal Jamal
  • Co-Founder
  • Add me on LinkedIn
  • Ravikumar Anghan
  • Lead Developer
  • Add me on LinkedIn
Trade Token on Bitcratic
Status

Ended

Token APY
PreICO Price1 ETH = 6000 APY
Platform Ethereum
CountryCanada
Category Communications

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