SelfPay tackles a US$ 5,000 billion a year market problem: reducing the friction associated with payments and micropayments, both online and in everyday life, while increasing the level of trust on the customer’s side. Transactions are made directly on the payer’s mobile phone.

What is SelfPay and how does it work exactly?

SelfPay is a Point Of Sale. The solution allows each merchant using SelfPay to have:

An eCommerce Website.

An inventory management system working both online and offline, always synchronized with each other.

A payment gateway accepting both credit/debit cards and cryptocurrencies (BTC, ETH, LTC, DASH with more and more other coins to be added over time).

One of the strengths of the SelfPay solution is the ability to process payments made by both credit cards and cryptocurrencies. This aspect facilitates cross-border and international transactions, but also B2B. As for the transaction fees, they are debited in SxP tokens, thus justifying their usefulness, and which are then shared as follows:

• 20% cashback for merchants and customers.

• 40% to pay the masternodes operating the SelfPay network.

• 40% to finance the continued growth of SelfPay and thus ensure a healthy and viable business model in the long term.

N.B. A payment in cryptocurrencies induces reduced transaction fees.

In short, SelfPay is the perfect solution for any merchant wanting to sell a product or service online as well as offline, regardless of its price, no matter where the customer comes from, and in just a few minutes.