“Our system is the first that is safe for customers, easy for merchants and acceptable to banks. It’s a push-only system and purchases are verified using the Bitcoin and Ethereum blockchains, secured by the most powerful distributed computing networks in the world,” says Plutus’ CEO and founder Danial Daychopan.
He adds: “The launch of the Tap & Pay app is the beginning of day-to-day crypto usage. Customers can top up their app with Bitcoin, Ether or even Pluton and then spend it anywhere. The unique PlutusDEX platform exchanges the crypto to sterling or euros as soon as the payment is made, and the merchant gets paid immediately without additional fees.”