MagniPay, a leading blockchain based e-Commerce platform and a digital wallet provider, is now offering its customers the opportunity to shop online while also be able to buy and sell cryptocurrencies, as cryptocurrency adoption continues to grow. All customers need to do is look for the product they want to purchase and add it to their wallet, log in to their account, select ‘Crypto’ and in just a couple of clicks they have access to buy and sell cryptocurrency.
It is important to note that MagniPay has offered an incentivization model whereby it allows redeemable and exchangeable rewards on every transaction recorded within the ecosystem. Unlike traditional shopping, where a consumer only get the products purchased, MagniPay offers a shopper with a corresponding rebate for every penny spent across the platform. Upon shopping, a consumer gets rewarded with MP Token which serves as the platform circulating token and has direct acceptance as a payment method within the MagniPay platform, besides also serving as a medium of exchange through trading via a crypto exchange or through peer-to-peer exchange activity. The value of MP will continue to rise with the volume of global consumption and sales, which will allow every user to truly save money and earn money at the same time.
The global consumption market currently is valuated at above 15 trillion dollar, of which e-commerce sector has a share of 10% i.e. 1.5 Trillion dollar. With the concept of introducing incentivized shopping experience through trustless, exchangeable reward program and by offering a borderless, cost-effective e-commerce platform, MagniPay has a potential to revolutionize and acquire a major share of the existing 1.5 trillion dollar e-commerce market sector.
The CEO of MagniPay commented:
“The cryptocurrency space majorly fueled the underlying technology i.e. blockchain, has led to the rapid evolution of this space. As cryptocurrencies are increasingly embraced by businesses and consumers alike, this is an industry where we continue to strengthen our presence. As leaders in the world digital finance and ecommerce, we believe we can play a significant role here and create value for both the industry and consumers. Connecting the dots between cryptocurrencies and traditional money in an efficient and user-friendly way is needed for cryptocurrencies to gain real traction amongst consumers. At MagniPay, we are in a great position to facilitate that through our leading eCommerce platform, digital wallets and other payment products.”
To visit MagniPay, visit their website here!