FavorPay Exchange
Businesses can exchange Bitcoin and 30+ other cryptocurrencies to 20+ national currencies at the best rates and with no hidden fees. Fiat on and off ramps are supported.
FavorPay Crypto Exchange.
Market, limit and stop-limit orders support.
Simplified cryptocurrency conversion option for newbies.
Progressive discount scale for FAVOR token holders.
FavorPay Exchange
Convenient custom trading UI with market, limit and stop-limit orders for PRO and Quick Exchange along with helpful video for beginners
Custom trading UI for traders
24/7 customer support
Crypto school
Public API
Market depth chart
Trading competitions
Rating system for traders
Cashback
Automatically calculation of liquidity in chosen order books
E-Commerce - FavorPay Ecosystem - Integration with Business Processes
The FavorPay payment system is open to anyone in the world. Government agencies, financial institutions.
Small merchants, online and offine distributors, and all individuals and institutions wishing to use P2P - based payment systems may use FavorPay payments as a validator of transactions or as a user of the network.
FavorPay – Improve E-commerce
Cost-Effectiveness – Blockchain has the power to combine product images and descriptions, online payments, inventory management, with other business processes.
Ease of Use – Currencies powered by Blockchain are immensely comfortable to use. Unlike traditional currencies, a person need not visit a regulatory authority to register an account for themselves.
Security – with Blockchain, they can have a level of security that safeguards that entire data structures and prevents possible data breaches in the future.
FavorPay - Accept CryptoCurrency Payments on Any Store
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Step 1: You are selling a product or service in your store and set the price in a currency of your choice.
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Step 2: We calculate how much cryptocurrencies it is worth, in real- time, by selecting the best price from several CryptoCurrency exchanges.
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Step 3: Your Customer pays with Cryptocurr encies.
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Step 4: You receive $ (0.5% Processing fee).
Favor-Card
Turn CryptoCurrency into dollars Load dollars onto your Favor Pay Card using your CryptoCurrency wallet. Funds are ready to spend in minutes. Use the Favor Pay card like a regular plastic card. The Favor Pay card links CryptoCurrency with traditional finances. It’s perfect for anyone affiliated with cryptocurrencies, and works with any point-of-sale terminal everywhere major cards are! Bring crypto to your everyday life.
No hidden fees There are no Hidden Charges associated with FavorPay. Our transparent pricing system eliminates the situation when you were charged doubly: by the sender and the recipient bank, or by non-transparent CryptoCurrency services. Takes advantage of our instantaneous conversion and let your money go further.
Exchange currencies — save funds Our system makes it easy to convert your cryptocurrencies into the fiat currencies supported by us. Use this to secure your money against CryptoCurrency price fluctuations. Send your cryptocurrencies to anyone and pay in local currency with our card at businesses all over the world.
A platform that we will realize is where the payment system uses an ATM card. We will disseminate a Favor-Card that can help overcome the solution of fiat currency withdrawal (Crypto Card Bank) and also to pay bills without the slightest fee.
Smart Contract
FavorPay, by utilizing a new smart contract architecture called the "FavorPay Smart Contract" which enables a new billing methodology in th world of the blockchain. We hope to promote more frequent use of cryptocurrency in the online and offline markets thereby significantly increasing the total volume of payments made by cryptocurrency, as well as contributing to the trend of decentralization in global payments.
SmartContract is intended to be a productive solution in offering a strong payment mechanism that is far more credible, efficient, flexible, cost-effective and measurable from the current implementation. Unlike the current payment method, which includes credit cards and virtual coins like Bitcoin. FavorPay is being designed from the ground up with the intention of overcoming some of the payment problems that exits. In addition, we believe SmartContract will have the potential to increase economic efficiency, reduce friction and minimize risk by eliminating intermediaries such as companies that charge excessive fees and are very expensive.
FavorPay is designed as a free, smart source code project built around a customized contract chain that regulates transaction behavior. This can be arranged as a simple transaction, very complex transaction including, among others, repayment payments, split payments, per-user payments, exchange rate corrections, or a combination of the above. Businesses will be able to use decentralized payment mechanisms such as making new ones according to their needs in the business world.
We believe that the solution offered by FavorPay will create business opportunities for external companies that can build additional services above SmartContract and contribute to advancing FavorPay Ecosystem. These services can include, but are not limited to credit facilities, transaction, insurance, arbitration, and others.