{"id":18242,"date":"2021-10-20T02:30:00","date_gmt":"2021-10-20T02:30:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2021\/10\/20\/payment-3-0-era-hambitpay-upgrades-crypto-payment-interface-and-launches-global-partnership-program\/"},"modified":"2021-10-20T02:30:00","modified_gmt":"2021-10-20T02:30:00","slug":"payment-3-0-era-hambitpay-upgrades-crypto-payment-interface-and-launches-global-partnership-program","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2021\/10\/20\/payment-3-0-era-hambitpay-upgrades-crypto-payment-interface-and-launches-global-partnership-program\/","title":{"rendered":"Payment 3.0 Era: HambitPay Upgrades Crypto Payment Interface and Launches Global Partnership Program"},"content":{"rendered":"<p> \n<\/p>\n<div>\n<p>SHENZHEN, CHINA &#8211;\u00a0<a href=\"https:\/\/www.media-outreach.com\/\">Media&#13;<br \/>\nOutReach<\/a>\u00a0&#8211; 20 October 2021 &#8211;<b>\u00a0<\/b>Recently,&#13;<br \/>\nHambitPay, a crypo payment platform from Singapore, announced the launch of its&#13;<br \/>\nglobal partnership program.<\/p>\n<p align=\"left\">Unlike coinbase, binance, etc., which initially&#13;<br \/>\ncentered on exchange business and&#13;<br \/>\nonly later derived payment business,&#13;<br \/>\nHambitPay has been focusing on the research and development of crypto payment&#13;<br \/>\ntechnology since its establishment, capitalising Singapore&#8217;s geographical advantages&#13;<br \/>\nas an international financial center, and promoting a new payment ecosystem in&#13;<br \/>\nSoutheast Asia and the world beyond. The global partnership program launched&#13;<br \/>\nthis time is also a leap forward towards this goal.<\/p>\n<p align=\"left\">\u00a0<\/p>\n<p align=\"left\">Blockchain&#13;<br \/>\nis an emerging industry that aggregates many tracks, and HambitPay choose to go&#13;<br \/>\nall in on crypto payments for good reasons. A spokesperson of Hambitpay said&#13;<br \/>\nthat HambitPay values the huge market potential that is about to explode for&#13;<br \/>\ncrypto payments. According to the report&#13;<br \/>\n&#8220;Digital Assets Primer: Only the first inning&#8221; released by&#13;<br \/>\nBank of America, \u00a0the cryptocurrency and decentralised financial&#13;<br \/>\nservices industry has grown &#8220;too large to ignore.&#8221; With a market capitalisation of $2 trillion and&#13;<br \/>\nnearly 220 million users, the crypto sector alone is a spectacular size among&#13;<br \/>\ndigital assets. When we look at the digital asset market as a&#13;<br \/>\nwhole, the global digital asset management market is expected to reach $102.2&#13;<br \/>\nbillion by 2026, according to a report by Indian market research firm Valuates&#13;<br \/>\nReports.<\/p>\n<p>\u00a0<\/p>\n<p align=\"left\">Hambitpay believes that digital payment has&#13;<br \/>\nroughly gone through three stages of development:<\/p>\n<p align=\"left\">\u00a0<\/p>\n<p align=\"left\">1. Birth stage: With the development of the&#13;<br \/>\nInternet, the first &#8220;online banking&#8221; payment initiated by traditional&#13;<br \/>\nbanks is the 1.0 stage of digital asset payment. People first need to have a&#13;<br \/>\nbank account before they can open the corresponding online banking account. At&#13;<br \/>\nthe same time, in order to ensure the security of network assets, security&#13;<br \/>\nhardware (such as network shields, etc.) is also required.<\/p>\n<p align=\"left\">\u00a0<\/p>\n<p align=\"left\">At this stage, online digital assets are linked&#13;<br \/>\nto real assets in centralised financial institutions such as banks, and are&#13;<br \/>\ncharacterised by slow transaction processing, small cross-platform transaction&#13;<br \/>\nscope, the need to be linked to a bank account, and high fees.<\/p>\n<p align=\"left\">\u00a0<\/p>\n<p align=\"left\">2. Mobile payment stage: With the development&#13;<br \/>\nof the mobile Internet, the payment 2.0 stage arrived with applications backed by a large user&#13;<br \/>\nbase, such as PayPal and Alipay. At this stage, people only need to have an application account, then they can make transactions and payments&#13;<br \/>\nonline, offline, and between&#13;<br \/>\ndifferent platforms.<\/p>\n<p align=\"left\">\u00a0<\/p>\n<p align=\"left\">The payment 2.0 stage is still under continuous&#13;<br \/>\ndevelopment and improvement. People can not only conduct transactions in&#13;<br \/>\npayment applications, but also through the API interface in various&#13;<br \/>\napplications and mini programs.<\/p>\n<p align=\"left\">\u00a0<\/p>\n<p align=\"left\">Payment 2.0 has brought great convenience to&#13;<br \/>\npeople&#8217;s lives, but with the development of the market and the changing needs of users, Payment 2.0&#13;<br \/>\nis also facing some problems.<\/p>\n<ul>\n<li>Due to the centralising trend of payment platforms, transaction and&#13;<br \/>\npayment fees are increasing, which affects the free flow and further&#13;<br \/>\ndevelopment of digital assets.<\/li>\n<li>Payment 2.0 is still based on real bank accounts&#13;<br \/>\nfor transactions, so in an environment where cross-border payment and fiat currency payment are of limited&#13;<br \/>\ncapacity, it still cannot meet the needs of global payment of today.<\/li>\n<\/ul>\n<p align=\"left\">Payment 3.0: Payment 3.0 marks the future direction of the financial and payments&#13;<br \/>\nsector. The problems that arose in 1.0 and 2.0 will be solved in Payment 3.0.&#13;<br \/>\nThe solution is to establish a decentralised, digital financial native, and global payment platform.<\/p>\n<p align=\"left\">\u00a0<\/p>\n<p align=\"left\">Platforms of Payments 3.0 must meet the need for security, equality, and globalisation of digital assets. While&#13;<br \/>\nenabling fast payments, the platform must also have fees low enough to facilitate the inclusion of financially underdeveloped countries and&#13;<br \/>\nmeet the requirements of financial fairness.<\/p>\n<p align=\"left\">\u00a0<\/p>\n<p align=\"left\">From the perspective of digital assets&#13;<br \/>\nglobalisation and financial fairness,&#13;<br \/>\ndecentralised and fair crypto&#13;<br \/>\npayments have become the prototype&#13;<br \/>\nfor the Payment 3.0. HambitPay has already completed its in-depth layout in&#13;<br \/>\nterms of technology, products, resources, etc. in this arena.<\/p>\n<p align=\"left\">\u00a0<\/p>\n<p align=\"left\"><b>The&#13;<br \/>\nprospect which HambitPay brings to users in the era of Payment 3.0<\/b><\/p>\n<p align=\"left\">\u00a0<\/p>\n<p align=\"left\">A&#13;<br \/>\nHigher Degree of Business Globalisation<\/p>\n<p align=\"left\">The&#13;<br \/>\nlast wave of information globalisation, marked by the rise of the Internet,&#13;<br \/>\ngreatly contributed to the development of economic globalisation. The advent of&#13;<br \/>\na new era of digital economy, marked by the free flow of capital, is bound to&#13;<br \/>\nbring about an even greater globalisation of commerce. Through crypto payment&#13;<br \/>\nplatforms such as HambitPay, merchants can receive orders and payments from&#13;<br \/>\ncustomers anywhere anytime, expanding their business footprints to any corner&#13;<br \/>\nof the globe.<\/p>\n<p align=\"left\">\u00a0<\/p>\n<p align=\"left\">Enterprise-Level&#13;<br \/>\nCommercial Crypto Payment Solution<\/p>\n<p align=\"left\">Unlike&#13;<br \/>\nthe previous peer-to-peer transfer method of cryptocurrencies, HambitPay&#13;<br \/>\nprovides users with an enterprise-level commercial crypto payment solution that&#13;<br \/>\nsupports the simultaneous processing of multiple transactions initiated by&#13;<br \/>\ndifferent users in different regions, ensuring a smooth transaction experience&#13;<br \/>\nin just a few minutes. It systematically solves many of the problems previously&#13;<br \/>\nfaced by industries such as cross-border e-commerce, cross-border online&#13;<br \/>\ngaming, and global social networking, such as long billing periods for&#13;<br \/>\ncross-border transactions, cumbersome settlement processes, and volatile&#13;<br \/>\nexchange rates.<\/p>\n<p align=\"left\">\u00a0<\/p>\n<p align=\"left\">Lower&#13;<br \/>\nPayment Costs Compared to Traditional Methods<\/p>\n<p align=\"left\">For&#13;<br \/>\nbusinesses, traditional cross-border payment methods have an average rate of no&#13;<br \/>\nless than 3%, which has a significant impact on their profits. Crypto payment&#13;<br \/>\nplatforms such as HambitPay, on the other hand, can significantly reduce rates,&#13;<br \/>\nhelping businesses to save on payment costs and secure a more flexible profit&#13;<br \/>\nmargin.<\/p>\n<p align=\"left\">\u00a0<\/p>\n<p align=\"left\">Financial Fairness<\/p>\n<p align=\"left\">The&#13;<br \/>\ndecentralised blockchain technology is&#13;<br \/>\ncurrently the best way to achieve financial fairness, and Hambitpay has always&#13;<br \/>\nbeen committed to achieving this end. Through HambitPay, qualified&#13;<br \/>\nindividuals or merchants from anywhere&#13;<br \/>\nin the world can conduct cross-border&#13;<br \/>\nbusiness activities and enjoy the financial equality and openness brought by&#13;<br \/>\ncrypto payments.<\/p>\n<p align=\"left\">\u00a0<\/p>\n<p align=\"left\">Emerging crypto payment platforms such as&#13;<br \/>\nHambitPay may help the market make&#13;<br \/>\nthe leap from the early stages of payments to Payment 3.0, helping users to&#13;<br \/>\ncapture more business opportunities&#13;<br \/>\nthrough advanced payment methods.<\/p>\n<p align=\"left\">#Hambit #<span>HambitPay<\/span><\/p>\n<\/p><\/div>\n\n<br \/><a href=\"https:\/\/www.media-outreach.com\/news\/2021-10-20\/99848\/payment-3-0-era-hambitpay-upgrades-crypto-payment-interface-and-launches-global-partnership-program\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SHENZHEN, CHINA &#8211;\u00a0Media&#13; OutReach\u00a0&#8211; 20 October 2021 &#8211;\u00a0Recently,&#13; HambitPay, a crypo payment platform from Singapore, announced the launch of its&#13; global partnership program. Unlike coinbase, binance, etc., which initially&#13; centered on exchange business and&#13; only later derived payment business,&#13; HambitPay has been focusing on the research and development of crypto payment&#13; technology since its establishment, &hellip;<\/p>\n","protected":false},"author":1,"featured_media":18243,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/18242"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=18242"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/18242\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media\/18243"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=18242"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=18242"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=18242"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}