SAFE. TRUSTED. MONEY.
Small, everyday payments are a big deal. That’s true in most countries. But online? That’s difficult. It’s just uneconomic to make and receive sales for pennies up to £/$/€20 using traditional payment systems. Low-value payments online are broken. Yet new digital services and business models depend on fixing them. Say hello to pingNpay, a global micropayment network on the blockchain.
Unlike most other payment systems, pingNpay is permissionless to access. It’s flexible to innovate. And it’s available to everyone, everywhere.
Using the blockchain and stablecoins (regulatory-compliant e-money tokens), pingNpay makes low-value sales low cost. This opens up a whole host of new ways to sell — and be paid. Think: single news articles and blogs without the hassle of sign-up. Copyright music or photos. Pay-to-play gaming. The use cases are limitless.
pingNpay is the brainchild of payment industry veterans Richard Bell and Jeremy Light of Fourdotzero. Both cut their teeth scaling blockchain payments at Ripple, the Silicon Valley company building a global cross-border payments network using blockchain technology and a digital asset. Bell specialises in bringing new product innovations to market, including at Visa, Santander and Vodafone, and Light formerly led Accenture’s payment consulting business in Europe for many years, advising some of the biggest banks and processors in the sector.
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