Tender Merchant POS

Summary

The proposal is for an infrastructural grant of 250873 ECO (rate:$0.02032 24th March 2023) for the development of Tender Merchant POS.

Mission

Tender Merchant enables Business owners to accept digital currencies via a Point of Sales Terminal or by invoicing. A merchant using Tender will be able to accept a wide range of crypto coin/tokens across multiple blockchains and can either hold them as they are or auto converts them to a stable USD or local Fiat.

Details

The growing trend of cryptocurrencies has led to an increasing number of businesses accepting them as payment methods. Here are some reasons why businesses should consider accepting cryptocurrencies:

Wider Customer Base: Accepting cryptocurrencies allows businesses to tap into a growing customer base that prefers to use them for purchases. By accepting cryptocurrencies, businesses can attract customers who prefer the anonymity and security of using cryptocurrencies.

Faster Transactions: Cryptocurrency transactions are processed faster than traditional payment methods, which can take several days to complete. By accepting cryptocurrencies, businesses can reduce the time it takes to process payments, improving their cash flow and customer satisfaction.

Lower Transaction Fees: Cryptocurrencies offer lower transaction fees than traditional payment methods, which can help businesses save money on transaction fees. This can be particularly beneficial for businesses that process a large number of transactions.

Improved Security: Cryptocurrencies are based on blockchain technology, which provides a high level of security for transactions. By accepting cryptocurrencies, businesses can reduce the risk of fraud and chargebacks.

Innovation and Flexibility: Accepting cryptocurrencies demonstrates a business's willingness to embrace new technology and adapt to changing consumer preferences. It also provides businesses with the flexibility to accept payments from customers all over the world without worrying about currency conversions.

In conclusion, the growing trend of cryptocurrencies and the need for businesses to accept them as payment methods are becoming increasingly important. As the use of cryptocurrencies continues to grow, businesses that do not accept them may find themselves at a disadvantage compared to their competitors who do.

Roadmap

POS app development (In progress)

Team

From the team that built the following

Eco Twitter Accountant Szn.games (Part of the team) Universalapi.net 3 (Part of the team)

Funds usage breakdown

POS app development: $4700 POS terminal device x2 : $300

Funds Destination

Send 250873 ECO tokens to this address: 0xfEa6186BEeFD1819Df77c724940a6f984905DD44