The card will be charged with Faircoin, but nor the user neither the merchant will notice it, because the entire process is very user-friendly. The merchants even have the possibility of changing these Faircoin into euros if necessary. It is as easy to use as a bank account and much cheaper than the conventional intermediaries.
The way to identify the card's user is through a small sticker on it.
This sticker contains a unique id which communicates with the Fairpay App. If you wish to receive payments from digital wallets, you can add a QR with your Faircoin address.
This, at the same time, includes several tools. From it, you can buy Faircoin and charge them in your virtual wallet. You can do it in different ways, mainly through a bank transfer or bitcoin. You can also make and receive online payments in Faircoin and, of course, charge your Fairpay card.
Its main function is to receive physical payments with the Fairpay card, but it has another functions. It can also be used to receive payments from digital wallets. And can be used to register new users and activate new cards. It can also be configured as a small mobile shop, cos it allows you to choose your cathegories and products, making the proceedure to receive payments faster and more intuitive.
Linked to the Android App and the Fairpay web panel, allows the individuals and shops which use Fairpay for accepting payments, to configure the way they want to receive these payments. For instance, they may decide to keep all the Faircoin they receive, or to keep only a due percentage and convert the rest to euros. It also integrates different cashout options, like: transferences,
Join to the Fairpay community
How can a consumer participate in Fairpay
Ans: The first thing is to acquire a card. You can get one simply by ordering it at Fairmarket and charging it with, at least, 50 euros this first time. This way, You will receive it at home with the amount charged and no shipping costs. But, if you request a card in a region with a Faircoop local node, the minimum account for this first charging is reduced to only 20 euros.
How can a shop participate in Fairpay
Ans:Shops can participate by accepting Fairpay, or also acting as points to distribute cards and charging them with their App. In case one shop is allowed by Fairpay to distribute and charge cards, this will be based in a decission supported by the local node in that region. In order to make payments, the shop will need to have a smartphone or a POS system, both with NFC. Most of modern devices incorporate this technology. And, soon, we will also facilitate an external device that can be added to those smarphones that still don't have it.
Discover all advantags of fairpay for free
anyone can join independently of their legal status. You dont need to have a bank account.
The criptocurrency technology of faircoin, guarantee the privacy of your accounts and transactions.
No Fees system, when use fairpay and keep in faircoin.
The strongest thechnologies at the service of the people who more deserves it. you do fair economy, we ensure that all will go fine with your money.
If you have a shop, Fairpay and Faircoop provides to you easy exchange to traditional currencies which are connected to fairpay network
Faircoin is developed for build a fair economic system which fight inequalities. The open cooperative movement, guarantee faircoin to be stable for using in your daily life.
Our awesome app screenshot gallery here.