GRAFT is the first block network of open source payment gateways designed for point of sale, it is also an independent development cryptocurrency that enters the market to solve the commercial exchange between sellers and consumers.
GRAFT is a project with its own chain of blocks.
It is a payment platform, whose payment processing network is decentralized and is totally unified, since it is being developed as an open source project.
The GRAFT team is dedicated to the integration of cryptocurrencies and the creation of a commercial solution that has developed a chain of blocks built around the systems and processes of the merchants. With GRAFT merchants can accept crypto at the point of sale as easily as they do with debit or credit cards.
Cryptocurrencies are accepted as a way to store value, but are difficult to exchange for daily items. Today there are stores that have POS machines, but it is very difficult for stores to adapt the acceptance of cryptocurrencies in their businesses.
GRAFT solves adapting business to accept cryptocurrencies thanks to its main operating network that allows companies, small and large, to start accepting payments with cryptocurrencies without any hassle.
Since its ICO GRAFT has not stopped, its platform is integrated and available in multiple devices.
GRAFT mobile wallet is available for both IOS and Android devices.
It allows users to find users that accept encryption. This application allows merchants to update their status and users to locate the store.
Allows merchants to accept payments through cryptocurrencies through their iOS or Android phones.
One of the reasons why the adoption of blockchain cryptocurrencies is not widespread is that many of them were not designed to be effective as a means of transaction (point of sale), in relation to existing debit card options or credit
Most stores, large stores or small stores have points of sale to accept debit or credit cards as a means of payment. In order to accept cryptocurrencies, these stores must use platforms with which they are familiar. Here is where GRAFT responds that with its applications it solves in a fast, efficient, free and secure way the problem, by integrating its applications to the existing applications of the stores, which allows them to accept payments with cryptocurrencies.
As we see in the following videos, GRAFT is used in Verifone and Ingenico applications.
Verifone Terminal Integration
Ingenico Terminal Integration
The rates of the GRAFT network will be much lower for merchants, which will reduce your costs and maximize your profits.
The large financial companies charge high commissions to the merchants for each sale transaction made by their points of sale.
With GRAFT the commissions will be for merchants of 0.05% in all volumes, plus 0.25% or 0.75% for SLA and services, or less than half of what the financial companies charge them.
GRAFT is working in real-time payment (RTA), to ensure the success of the platform as a means of payment or point of sale, GRAFT must ensure that transactions made within its network are immediate and secure.
RTA will have several types of transactions such as authorizations and retentions, as well as interface processes for family members.
RTA will work by implementing a network of two layers of supernodes, confirming and validating transactions and exchanges in real time.
This is no more than with RTA allowing merchants to continue to function as they have been doing, allowing merchants to accept payments in local fiduciary currencies as in cryptocurrencies. In other words, GRAFT allows encrypted payments to work as easily and conveniently as with Visa, MasterCard or Amex.
GRAFT is a great project that responds and gives solution to the inconveniences of being able to make transactions with cryptocurrencies in the current commercial ecosystem, allowing your network to create blockways for linking point-of-sale doors, which stores can integrate into their systems and processes of payments for free and easy.
With GRAFT, large and small businesses can accept the crypto they prefer, as well as fiduciary money using the same integrated platform.
GRAFT to ensure that payment transactions are optimal, fast and secure create your own chain of blocks that is not subject to the underlying conditions of the Ethereum network such as latency and rates.
The transactions in the GRAFT network will be confirmed in real time and the transaction fees will be a fraction of the existing cryptocurrencies giving it a great competitive advantage.
GRAFT is definitely the great solution for the massive acceptance of crypto as a means of payment.
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GRAFT2018
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