Retail Tablet Device Enables Cryptocurrency Transactions In Real Time

Retail Tablet Device Enables Cryptocurrency Transactions In Real Time
Banks, Insurance & Financial Services

NetoBit Cash makes accepting digital currencies a more viable option for physical and online retailers

Rachel Gonzalez
  • 4 may 2018

A new tablet device from Virtual-Crypto makes it possible for retailers to accept cryptocurrencies instantly and securely. Applicable to physical and online retail, NetoBit Cash uses a predictive validation algorithm to verify through blockchain whether the transaction will be approved before it is authenticated. Up to $3,000 of exchanges can be done in seconds (compared to a standard of 30 minutes) with full security against exchange rate volatility.

Receiving cryptocurrency has not been a viable option for retailers because of the time it takes to process and the risk of exchange rates affecting profits. In addition to improving speed and security, NetoBit Cash vendors can decide whether they want to keep payments in cryptocurrency or instantly convert them into fiat money.

Virtual-Crypto


Lead Image: Virtual-Crypto via Facebook

A new tablet device from Virtual-Crypto makes it possible for retailers to accept cryptocurrencies instantly and securely. Applicable to physical and online retail, NetoBit Cash uses a predictive validation algorithm to verify through blockchain whether the transaction will be approved before it is authenticated. Up to $3,000 of exchanges can be done in seconds (compared to a standard of 30 minutes) with full security against exchange rate volatility.

+Automotive
+banking
+blockchain
+cryptocurrency
+Facebook
+financial services
+Frictionless Transaction
+retail
+technology
+Transactions & Payments

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