There are over 1000 cryptocurrencies, which can make it challenging for business owners to decide which to accept. PalmPay lets businesses accept any cryptocurrency for free. Customers pay their usual miner fee, if applicable, plus 0.5% on their transaction. This fee is shared with the local PalmPay Ambassador, Agorise, Ltd. for Tech Support, and participating governments. Customers can use their favorite cryptocurrency and mobile wallet. PalmPay installation and setup usually takes under 3 minutes. It uses the Bitshares blockchain to process payments, ensuring security and constant online presence.
It's crucial to keep a secure backup of your account as losing your password means losing access to the account. PalmPay processes transactions in 3 seconds or less, making it ideal for high volume businesses. It also allows businesses to offer Loyalty Points to customers. It has advanced Filter and Export features for easy tax and accounting purposes. eReceipts can be automatically sent to customers' smartphones after scanning the QR code.
