PALO ALTO, Calif., Aug. 15, 2020 /PRNewswire-PRWeb/ -- The
acceleration of crypto dominance globally has pushed many retailers
and eCommerce enterprises to include crypto payments within their
modules. On a similar note, leading blockchain and crypto
development company, HashCash Consultants has collaborated with a
global eCommerce enterprise and will help them with
blockchain-based merchant solutions through the integration of HC
Commerce.
The project will focus on providing the latter with a scalable
wallet and payment processing infrastructure that will allow the
shoppers to conduct speedy transactions using digital currencies.
The merchant solutions integration will enable crypto transactions
alongside fiat in a seamless manner.
"The rapid escalation of crypto's mainstream activities has
aided in the advancement of its mass adoption. More people are
using crypto globally as a fiat alternative for making payments.
Owing to that, major retailers and eCommerce enterprises now want
to keep the crypto payment option open to the consumers. However,
that needs significant modification of the existing infrastructure.
HashCash is extending its crypto expertise to the eCommerce
enterprise building them a comprehensive platform powered by
blockchain", commented Raj Chowdhury, CEO of HashCash
Consultants.
HashCash's rise to prominence owes to its innovative solutions
in the financial services, including payment processing, wallets,
and an all-inclusive suite of blockchain-based products and
solutions. The extensive range of services is designed to meet the
varied needs of enterprises across verticals that are looking to
modify their present operational architecture with blockchain
integration.
- HC Commerce Integration with Global Ecommerce Company:
HC Commerce by HashCash is one of their premium offerings that
amalgamate to form a unique suite of merchant solutions that can be
availed by corporate houses and businesses. HashCash collaboration
with eCommerce enterprises specifically focuses on creating a
superior payment gateway and infrastructure to support the
processing of crypto payments as well. It fits the module offered
by HC Commerce, which comprises of a wallet application and a
payment processing platform.
HashCash will integrate the eCommerce company's system with HC
Net, their native blockchain network, as it is the underlying
foundation of the merchant solutions suite. It will be followed by
creating a blockchain wallet that will ensure faster payments with
low transaction costs and without the need for any third-party
intermediary. It will enable peer-to-peer instant payments for
shoppers as well as other merchants associated with the company to
streamline business processes.
The second part of the merchant solution module derived from HC
Commerce will focus on building a payment processing platform that
will complete P2P transactions through cryptocurrencies and digital
assets by shoppers and merchants. It will eliminate the need for
integration with any third party payment gateways or card
companies, bringing down the transaction cost and time. The
infrastructure proposed by HashCash will ensure instant
authorization of transactions, payment processing, zero
chargebacks, and settlement. The entire project will be executed
through the deployment of a single platform supported by an
intuitive, user-friendly, and scalable application.
- About HashCash Consultants:
HashCash is a global software company offering solutions in
Blockchain, AI, Big Data, and IoT through its platforms, products
& services. HashCash Blockchain products enable enterprises to
move assets across borders in real-time for Remittances, Trade
Finance, Payment Processing, and more. HashCash runs US-based
digital asset exchange, PayBito & Digital asset payment
processor, BillBitcoins. HashCash offers crypto exchange solutions,
Payment processor software, ICO services, and customized Blockchain
use case development. It propels advancement in technology through
Blockchain1o1 programs and its investment arm, Satoshi Angels.
HashCash solves the toughest challenges by executing innovative
digital transformation strategies for clients around the world.
SOURCE Hashcash Consultants