Receive crypto via QR-code

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.

--

--

--

The world’s first Decentralized Messaging App meets Decentralized Banking powered by Blockchain and Artificial Intelligence Technology

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Detecting Cyber Threats with MITRE ATT&CK App for Splunk — Part 2

{UPDATE} 疯狂跳床! Hack Free Resources Generator

“https://www.holbertonschool.com” + “Enter”: Behind the scenes.

How not to get Hacked. Security 101 for Startups.

{UPDATE} Level: A Simple Puzzle Game Hack Free Resources Generator

Software that’s not secure is like a car without wheels: dangerous, and of no value at all

CEZO Completes 2nd Token Burn

How Email Risk Assessment Can Help Your Business Grow Safely

email risk assessment cover

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Sappchat

Sappchat

The world’s first Decentralized Messaging App meets Decentralized Banking powered by Blockchain and Artificial Intelligence Technology

More from Medium

ChainPort — Blockchain Bridge

Arc Finance, Trade To Earn — Get Liquidity Premium

How to get MATIC to your Polygon wallet?

Xion 2022 Update — New Features & Updated Roadmap