London, January 24, 2015– LazyCoins demoed their killer Bitcoin app LazyPay at the BitcoinExpo 2015 in London last weekend. The business has actually invested months thoroughly and quietly planning to take the app public. Including running the payment and merchant services app through screening with a security firm. And holding Q&A s in order to ideal their software application and get everything right before debuting to the world.
The free conference ranged from January 24– 25 at the Central Foundation Boys’ School on Cowper Street, London. LazyCoins Founder and CEO Danial Daychopan calls London, “a great place for bitcoin companies and entrepreneurs.“
Daychopan began his talk at the conference on the importance of security. He stressed this is the top focus for both their exchange and their merchant services app, to ensure “rock solid security” for their users.
LazyCoins announced the beta version of their new exchange 6 months ago in July, however they chose not to go public immediately in order to find out from and avoid the errors of other exchanges. They launch in direct competitors with similar-service industry leaders BitPay and Coinbase.
The goal with the LazyPay app is to make Bitcoin make use of a part of everyday life, enhancing its volume of use in the in-person merchant market, getting more people to utilize digital currencies as a type of payment, as opposed to just as a speculative financial investment tool.
Their protected mobile wallet and user-friendly merchant app aim to make doing company in digital currencies basic and safe for both merchants and customers. The objective is to “make buying and offering items as easy with bitcoin as it is with money and charge card– only much faster, much safer and more convenient.”
The typical individual needs to have the ability to find more locations to invest bitcoin, they have no idea how to obtain it, and transactions appear too complex. Lack of education among sellers and the lack of an easy-to-use, trusted merchant platform are likewise problems.
LazyCoins and LazyPay are created to take care of such concerns, with security at the top of their priorities. Cold storage wallets and two-factor authentication for accounts, fingerprint gain access to for the app, and multi signature keys are just a few of the many features. And a policy of crediting a merchant account on the day of their transactions, by the specific amount that the user pays, will remove the danger of price variations.
They are on an objective to register merchants and enlighten them on the advantages and ease of accepting Bitcoin. The app is complimentary, offers zero-transaction costs, day-to-day direct payments to checking account and no chargebacks. LazyPay will demonstrate how credits cards are slower, riskier and more costly in comparison. Running the app will certainly be user-friendly for the non-tech person; simpler than utilizing a cash register or charge card point-of-sale terminal.
On top of all these functions, the app will consist of a live, immediately updated map showing the locations of local Bitcoin merchants and businesses. It will certainly offer NFC-enabled payments for extremely quick POS transactions, the capability to purchase and offer bitcoin from the app and a direct in-app link to savings account. And the merchant will need no hardware and not be asked to sign contracts or make any dedications.
“We’re on a mission,” states Daychopan, “to get the word out and sign up as many merchants as we can. And London is our selected beginning point for this crypto-crusade… … Then we can offer those Silicon Valley lot a run for their (digital) cash,” becoming “a dominant force in crypto.”
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