Prontapay is the world’s first Smart Legal Invoice(SLI) payment system built on the advanced and reliable Ethereum network that rewards both business and customers every time an invoice is paid using the Prontapay platform by Prontapay token(PRO PAY). Prontaypay will solve the problem every company faces by the current invoice system as the system is flawed, slow and expensive and it is 66% cheaper than other payment providers around the world. Many companies around the world shut down their companies because of the non-payment and late payment caused by the invoice system problem and eventually they go in debts and have to shut down the company. Prontapay is looking forward to solve this problem and to help companies to get benefited in their business by using their platform where the customer can pay them in Ether coin and they will be rewarded with Pro Pay token. Prontapay is also offering 30% of their total supply of PRO PAY in the pre initial coin offering(ICO) and ICO period so that everybody can get the tokens.
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’s 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. And Prontapay will charge only 1% transaction fee which is far cheaper than current compotators. For instance PayPal and other credit card facilities charge 2.9% and above. As mentioned earlier Protapay’s system is66% cheaper than other’s service. In addition to that ProtaPay will reward both customers and companies with Pro Pay tokens. 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.
Limitless Possibilities:
It is estimated that alone in the UK 750 Billion pounds worth invoice are issued every year and in the global market it would be trillion of pounds annually. So, it is very clear that Prontapay has limitless target market and adds real liquidity to prontapay.
INITIAL COIN OFFERING(ICO):
Prontapay as a company will issue tokens called PRO PAY(PRO). Prontapay’s target is to produce 250,000,000 tokens and 30% of that token will be distributed 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.
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 crypto currency. 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.
