Receive crypto via QR-code

SappChat (https://sappchat.com/)
2 min readJul 15, 2021

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Payment services are now more accessible to users than ever. Banks now offer mobile payment, money transfer, and banking solutions to attract new and younger customers and retain the existing ones. However, the poor integration of the traditional banking systems with the less secure and unreliable third-party mobile solutions has led to many cybersecurity risks. Payment exchange services are relatively slow because transaction outcomes and information must be exchanged and approved by both the sender and the recipient. There is a compulsory need to verify transactions by a centralized body — the bank — which is primarily responsible for validating the incoming transactions.
This delay in processing the transactions may cause ambiguity and mistrust between the parties involved. There may be doubts whether the sender has executed the transaction as promised or the transaction has failed or been completed. This situation may financially harm companies that depend on incoming money to start processing purchased services and goods in exchange.
SappChat developed a feature that allows users to make a payment by scanning a QR code to transfer money from the app. Perhaps, you want to keep your crypto in sight and check before making any decision? SappChat makes it easier by showing you each of your wallet balances in real-time.

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SappChat (https://sappchat.com/)
SappChat (https://sappchat.com/)

Written by SappChat (https://sappchat.com/)

A decentralized Messaging App meets Decentralized Banking powered by Blockchain and AI. Its connecting everyone personally, financially, privately and securely.

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