Prontapay is the world’s first company which is providing Smart Legal Invoic(SLI) payment system built on the advanced and reliable Ethereum blockchain network. ProntaPay is buid by a team of qualified, professional and experienced group of people who are successful in many aspects . The team is formed by people who are from different parts of the world and they have credulity to rely on. Apart from the service, ProntaPay is also releasing it’s own cryptocurrency which is called PRO PAY(PRO) tokens which is at it’s pre sale period right now.
Why Prontapay:
According to Britain Business report it shows that “ The average small business is owed more than 108,000 in unpaid invoices, an icrease of 8 percent since the last Janyary 2017, with almost a third of farms(29%) citing late payments as the biggest cause of cash flow problems.” Apart from small companies, big companies are also suffering from late payments and have billions of pounds of debts only because of faulty invoice system.
The current invoice system most companies used is flawed, slow and expensive with some payment providers charging up to 3.5% of the transaction or charge a fixed monthly fee with a fixed term contract including late and defaulted payments. Whereas, ProntaPay is the first company which is using Smart Legal Invoice(SLI) to solve this problem in the fraction of cost. ProntaPay is charging only 1% of the transanction. On the other hand, some payment providers charging up to 3.5% of the transaction or charge a fixed monthly fee with a fixed term contract including late and defaulted payments. Moreover, ProntaPay is also rewarding it’s customers and companies by it’s PRO PAY token so that it’s service holders can a get some extra.
How Will ProntaPay Work:
As mentiond before Pontapay is the revoloutionary invoice platform built on the Ehereum network that will use smart contract to create an electronic invoice using Blockchain technology. The technology will also be used for validate the transaction and facilitate instant automatic payment on the invoice due date using Ether(ETH). Using ProntaPay desktop or mobile interface companies will be able to send the customers smart legal invoice(SLI) containing all the terms and conditions. When the customers agree to the terms and conditions notification will be sent to both company and customer and each invoice will be sent on the blockchain .
After that the Smart Legal Invoice amount will be automatically debited from the customers ether wallet on the agreed date. ProntaPay will also take initiative for the customers who will pay late payment for more than7 days by charging them 2.5% late payment fee and it will be debited automatically on payment. The platform will also send notification to customers every 24 hour after the due date is over.
INITIAL COIN OFFERING(ICO):
Prontapay as a company will issue tokens called PRO PAY(PRO). Prontapay’s target is to produce 250 million tokens and 30% of that token will be sold in the Pre sale and sale period.ProntaPay is offering 100%(+5% when buying>10ETH) bonus for those who is buying tokens in the pre sale period. Pre sale period started ar 1st July and it will end in 1st August. To know more about the ICO please visit Prontapay website (Prontapay.io). It would be really wise to grab PRO Pay tokens now.
Why PRO PAY:
Pro Pay is a ERC-20 utility token built on the Ethereum blockchain System, these tokens are blockchain assets that can be sent and received like any other cryptocureency. Right now it’s price is low(0.000286ETH) but when the company will grow as it has a huge potential token’s price will be higher and higher and investors will be benifited.
CONCLUSION:
Analyzing current situation ProntaPay has come with a really effective solution which can save business from bigger to small by using smart method of blockchain and cryptocurrency. It is very clear that prontapay has a very bright future ahead. So, it would be wise to get PRO PAY tokens as soon as possible.
