DIMPAY is a global payment system that is built on the NEM blockchain. The use of blockchain technology makes the platform less expensive, instantaneous, transparent and it eliminates third parties. The platform is designed for peer-to-peer, business-to-business, consumer-to-business and business-to-consumer transactions. DIMPAY is an integral part of the DIM Ecosystem and it consists of DEPOTWALLET, mobile DEPOTWALLET and the DIM Debit Card. DEPOTWALLET allows users to buy, sell, hold and manage cryptocurrencies and cryptonized assets. The DIM Debit Card will allow consumers to engage in e-commerce and walk-in purchases at merchant shops. The DEPOTWALLET Business Account will allow merchants to generate invoices, track inventory, make payments and much more. DIMPAY will facilitate cashless transactions for consumers and merchants. However, the payment system is not only for consumers and merchants; it has the potential to be a financial solution for the 2 billion adults who do not have bank accounts around the world.
Blockchain technology. DIMPAY uses blockchain to cryptonize the payment process, which is familiar to both consumers and merchants. The recognizable payment process for consumers involves paying for an item using the equivalent of the local fiat currency, such as the DIM Euro or DIM Indian Rupee.
DIM Currencies Making the payment process easier is possible through the use of DIM Currencies.
Cashless transaction DIMPAY intends to cryptonize and digitize payment process in order to facilitate cashless transactions.
Ethereum ERC20 standard token.
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