More businesses and countries worldwide are embracing digital payments
as a way to make e-commerce more efficient and create a smoother
transaction experience for consumers.Digital wallets, such as
uBUCK,
offer a dollar-backed stable token built on Waves blockchain
technology, one of the fastest blockchains available. uBUCK’s technology
allows for the management of both digital and traditional currency, and
both online and offline purchasing power."Piloted by an all-star
management team, uBUCK is looking beyond carving out a niche to become a
disruptive player in this ever-changing payments industry," according
to the company’s website.The
uBUCK digital wallet
allows for instant transfers of funds, and unlike some digital wallets,
uBUCK is not limited to the United States. Transfers can occur
globally, with no transfer fees and no cost to the end user.The
elimination of transfer fees is one of uBUCK’s strongest selling points,
as it is an option for those who don’t have traditional bank accounts,
such as migrant workers looking to send money home, or for anyone else,
such as parents sending money to kids at college who want to avoid the
additional fees associated with some financial transfers.Users of uBUCK
can transfer funds, make online purchases, or withdraw cash at an ATM,
although reports on digital wallet use suggest that the expanded
technology may ultimately replace the need for bank branches and
ATMs.Sending money with uBUCK is a simple, four-step process:* Buy the
voucher. Users download the uBUCK app and purchase a voucher.* Buy uBUCK
cash. Users redeem a PIN to purchase uBUCK cash.* Select recipient.
Users without a uBUCK account will be invited to the app via email.*
Send payment. Users can then enter the payment amount, send, and
confirm."Our mission is to put honesty, transparency, and trust back
into software," according to Ashik Karim, CEO of LiteLink Technologies,
the parent company of uBUCK Technologies. LiteLink was recently featured
in a
Forbes
magazine article, "10 Blockchain Companies to Watch in 2019."LiteLink
is publicly traded on the Canadian Securities Exchange and OTC Markets.
Their symbols are
CSE:LLT and
OTC:LLNKF.
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