There is a constant rise in business with multitude approach to payment. Some prefer payment by cash, while some will love it if the payments are done online. Most of these online payment options require the use of bank automated teller cards. This bank approach of payment was done long ago and not basically for online transactions but the increase in its usage was as a result of poor adoption of digitalised payment method introduced by blockchain.
This online payment method which has increased over time is seen to be inefficient and outrageously expensive. It is also centrally controlled that is why a transaction with these mechanisms can be easily diverted, fraudulent practices are rampant and other social vices which leave a negative impact on our finances.
For businesses to enjoy an efficient and less expensive payment method, a payment mechanism was introduced by Teguh Saputra; an expert entrepreneur, the C. E. O. and joint founder of AIGO payment mechanism. This mechanism is to help businesses and traders experience efficient and minimised transaction charges.
BRIEF DESCRIPTION OF AIGO PAYMENT MECHANISMS
AIGO project is a design that is constructed in form of a free and code project with a smart source which is built such that it surrounds a contract chain which is responsible for the regulation of the behaviour of transactions.
This contract chain organises an easy transaction, very tough transactions, split payments, payment made per user, payments and repayment, correction of exchange rates or combination of some payments earlier mentioned and so on. It will enable them to select a decentralised payment mechanism that suits their users' businesses.
PROBLEMS OF THE ONLINE PAYMENT PROCEDURES CORRECTED BY THE AIGO PLATFORM
Fees
There are various prices that are charged with payment transaction perception which subject merchants to a structure that is exorbitant. There exists close to 100 fees and this fees can be classified into three.
The categories of fees are; Fiat fees, transaction fees and incidental fees.
Risk
The processing of payment cards usually open trader up to different risk and fraudulent attacks.
TECHNOLOGY BEHIND THE SUCCESSFUL RUNNING OF THE AIGO PAYMENT MECHANISM
Al-payment Chain
The major technology behind the successful running of this payment mechanism is this Al- payment chain. It is a mechanism with a high rate of flexibility. It allows the input of outsiders who are developers. The engagement of this motive is triggered by the nature of the chain's modular architecture.
In this chain is a bundle of impactful feature and some of them are;
A - Chain
This chain is at first introduced to the network of Ethereum but as time does by, other networks will be adopted for the development of signs. This chain is made up of several unique and smart contract components.A - Wallet
This is the account dashboard that is used for viewing the detail of investors' account and also connect multiple wallets to each other.
The private keys of all users are secured in this wonderful feature of AI- payment Chain, whether there is an action execution or carry out wallet approval on the AIGO blockchain.
The A - Wallet will also ensure an easy interaction of payment of bills between multiple accounts.
Dear business tycoon, enough of this fund and income exposition to fraud through the use of credit cards. Why not switch to a better and secure payment mechanism provided by AIGO today.
The team
For more information visit the link below
https://drive.google.com/file/d/17K2inOew076KJ_iTKL3n4g0tDz8JXUf0/view
https://bitcointalk.org/index.php?topic=5155901
Writers detail
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