Press Releases

Pay It Now (PIN) offers a new payment solution for retailers and website owners

Press release

Pay It Now Token (PIN) launched its new token on the Binance Smart Chain this week to offer companies new ways to transact with their customers in the crypto space. They have an ambitious roadmap and have already established their use case with several large retailers who have signed up to use the platform.

Instant Payment – Second-Layer-Blockchain-Solution on BSC

When the PIN token was first introduced, the project experienced some minor setbacks in terms of network instability, but the price and sentiment of the community have since declined and rebounded significantly after the price dropped below its original pre-sale value. The token price is currently stable and close to all-time highs, with significant buying pressure once these issues are resolved through an informative and transparent AMA in their Telegram community, also as a serious announcement of ongoing marketing support.

What is the Pay It Now solution?

Pay It Now (PIN) is a unique Layer 2 solution designed to reward website owners, retail stores and their users all at the same time. Their solution enables seamless payment methods and blockchain-based rewards that benefit everyone, including the PIN community. By simply using a self-created QR code, the PIN network provides owners of the World Wide Web and retail stores with their own, individually coded app, which the owner can control manually or integrate into his own point-of-sale software.

Their loyalty system can be implemented on almost any website and for merchants the app can be displayed on the customer’s phone, who can be rewarded with an instant PIN, e.g. Retailers will have the option to scan customer receipts, which will then automatically refund customers a percentage of their purchase.

The benefit is not just in the cryptocurrency reward, as the Fork Out It Now system aims to eliminate the usual transaction fees that are common when using traditional point-of-sale platforms. This benefits everyone who uses the transactional payment gateway through the use of their Layer 2 solution and blockchain technology.

Refund PIN and return

The transparency of the development team in solving problems on the start day seems to instill confidence in the project in the rapidly growing community, which is reflected in the graphic. A number of new purchases, including an order for 25 BNB, were made shortly after the community AMA, with the price of the token rebounding significantly.

A marketing strategy was developed with the support of Coinpresso, a leading crypto marketing agency specializing in blockchain verticals. The two teams quickly devised a plan to change the direction of the project, first by talking to the community and announcing the relationship. The announcement of this alliance has increased confidence and sentiment towards the project and established the development team’s long-term perspective for the future of Pay Back It Now.

Future for PINs

The Pay out It Now team is based in New Zealand and has close ties with the local communities in the area. The first time they contact businesses, they will target new organizations in New Zealand and Australia, new businesses, and website owners who want to use a PIN network and second class payment solution.

The project has formed a significant partnership with award-winning retailer The Aussie Butcher, based in New Lynn, Auckland. The business owner is committed to using the PIN and payment system integration available in retail stores to lower transaction fees and bring more rewards to their customers.

The team is currently building a professional sales team aimed at establishing new business relationships with retailers and website owners in parts of Australia and New Zealand.

The Fork Out It Now solution is a solution that not only benefits retail store and world wide website owners with reduced transaction fees, but also rewards all parties including owners, owners, their customers, and the PIN community. Their blockchain-based Layer 2 offering is a versatile approach to enhancing existing services that almost everyone uses on a daily basis, and removing the burden that current standards offer. Despite a small turning point in the early stages, the project has an innovative and transparent team, as well as a strong use case that has real solutions for everyone and offers a bright future; light for Pay It Now and PIN.

Twitter: https://twitter.com/PayItNow_PIN

Telegram: https://t.me/PayItNow_PIN

Media Contact:

Curtis Ramsay

Curtis@coinpresso.io

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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