How Crypto Payments Work

How Crypto Payments Work

Cryptocurrency payments are a modern alternative to traditional finance, enabling peer-to-peer transactions without intermediaries like banks or payment processors.

🔹 Basic Payment Flow

1. You hold cryptocurrency (e.g., Paycoin) in your digital wallet.

2. When you initiate a payment, the funds are sent directly to the recipient’s wallet address.

3. The transaction is validated and recorded on the blockchain.

4. Within seconds to minutes, the transaction is confirmed and cannot be altered.

🔹 Crypto + Payprotocol Card

When using a Payprotocol Card, the process is streamlined:

• You top up your card using Paycoin (PCI).

• When making a purchase, the payment is processed using the balance that has been topped up with PCI.

• The merchant receives payment in their preferred currency, while you enjoy crypto-powered convenience.

🔹 Benefits Over Traditional Payments

• Global accessibility: No banking barriers or currency exchange restrictions.

• Lower transaction fees: Especially for international or cross-border payments.

• Privacy and security: No need to share sensitive banking information.

By combining blockchain efficiency with card usability, crypto payments are entering everyday life — securely and seamlessly.

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