San Francisco, California , November 28, 2018 (Newswire.com) - ‘SnappyWire’, the world’s first mobile POS platform to support cryptocurrency as one of its many payment methods, will present its future plans and policies regarding the real-time based crypto-to-fiat pay it has soon to release on the upcoming event, 'Fintech on the block'.
‘Fintech on the Block’, a 2-day event being held in San Francisco, California on November 27-28, aims to bring together top executives, founders, and visionary leaders representing the three sides of the New Finance triangle - ‘traditional financial titans,’ ‘fintech startups,’ and ‘blockchain newcomers’. With more than 100 significant startups and around 1000 attendees, the event promises to be hugely beneficial for aspiring crypto investors.
SnappyWire’s new payment method in discussion is to bring a faster and easier payment service in addition to the various existing methods of SnappyWire such as QR code and Phone2Phone Pay via Apple Pay and Samsung Pay, EMV (chip or IC credit card payment), NFC-based card-to-phone pay, and payment by links on social media.David Chung, CEO of SnappyWire, stated "SnappyWire is the only mPOS service app for merchants that support an easy payment method for both on and offline purchases. And now with crypto-pay, merchants can easily collect cryptocurrencies as Fiat money. Simply installing SnappyWire will enable them to accept various payment methods including cryptocurrencies, which is hoped to help establish the foundation to bringing cryptocurrency to real life. It will serve as a solution to the asymmetrical aspect of cryptocurrency, where holders are growing while available usages remain few.".
Former means of cryptocurrency exchanges have been limited to individual exchanges or exchanges and have failed to vitalize an economic stand of its own.