AMEPAY ECOSYSTEM

 


Introduction

For every business or project, whether private or public owned, there are always players and participants within that business. Each of these participants performs a significant role peculiar to them, and the entire business is incomplete and likely not to function, in the absence of any player. We can refer to this as the ecosystem of a project or business. Likewise, when developing a blockchain project, the team needs to identify those who are key to ensuring that the achievement of the set objectives or vision of creating such a business. In this article, you will get to know the players within the Amepay ecosystem.

There are three major players, with distinct roles and functions, which form the Amepay ecosystem.


They include the merchants, payment aggregators, and customers. The growth and success of the Amepay network depend on the level of interaction between these three stakeholders. The amount of transactions and payments performed on the Amepay platform depends on the active involvement of these three members of the ecosystem. A backdrop in the activities within the network may be inevitable when one of these players is unavailable in the chain of events.

Customers

These are the chief recipients of the ecosystem of Amepay. Customers are members of the Amepay network that perform transactions and receive payments through the platform. There is usually a high level of security accessible to these stakeholders whenever they execute financial activities on the platform. Occurrences of frauds and cyber thefts, which is common with online transactions and businesses, do not affect these players, because of the strong security available within the ecosystem.

A special feature within Amepay is available for customers, the Loyalty program. For every customer who uses the AME token to perform transactions, they receive rewards for their loyalty to the network. Other activities of customers in the Amepay network include:

Prompt cashback:

They can enjoy refunds as an account cardholder for the money spent on making purchases. Customers can also use their cards to get extra cash when purchasing an item.

Use of Digital Assets:

Customers can conveniently use any cryptocurrency of their choosing to perform transactions and make payments.
Purchasing Prepaid AME gift cards:
Users can also use gift cards to buy goods at stores.

Money Transfers:

Customers are eligible to perform transactions and send funds to other users within the network. They can also make cross-border payments and use the remittance service to send money to their home country.

Merchants


These members of the Amepay ecosystem are business owners, both small and medium-sized businesses. Merchants utilize the network to build their enterprise, become a globally recognized business, and join the

cryptocurrency system.

Payment Aggregators

The development team is working to make the Amepay organization a SaaS product and businesses can incorporate Amepay into their payment network as payment aggregators. Through this, they earn a certain percentage as commission for integrating Amepay payment solution into their network. Payment aggregators also benefit from gaining free access into the crypto sector and interact with other users of digital assets.

USEFUL LINKS

Whitepaper: https://amepay.io/static/theme-assets/whitepaper/amepay-whitepaper.pdf

Telegram: https://t.me/amepay

Twitter: https://twitter.com/ame_pay

Facebook: https://web.facebook.com/Amepay-114622167001761/

Medium: https://medium.com/amepay

LinkedIn: https://www.linkedin.com/company/amepay/

AUTHOR'S DETAILS

Forum Username: erwin_ibrahim
Telegram Username: @erwinibrahim
ETH Wallet Address: 0xc33a8fD9c68F4fEe836E4F83FC8C1A483D318baF





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