Block-chain Can be The Key to Building Consumer Experience & Consumer Trust in Retail Industry.

RPay is a bold and innovative initiative using block-chain that helps retailers to reduce or remove counterfeit goods from the marketplace, reduces arduous transaction processes, reduces cost of proving product authentication and vastly enhances customer experience. Basically, block-chain is a distributed ledger secured by encryption that offers an unalterable and trustworthy record of information without the need for verification. It does so by building a database of entries each built from a preceding block of information and stored as a copy, which is protected by a complex mathematical algorithm. This method makes it difficult for altering transaction records thereby eliminating any chances of fraud.

RPay addresses countless marketing and distribution challenges, from global competition of online shopping to margin pressure, which retailers have to deal with:

• Improves supply visibility and reduces unpredictability in the supply chain
• Vests consumer with power to demand both quality and lower prices.
• Emphasizes on proof on product authenticity for astute and demanding customers.
• It reduces conflict between supply and expectation.
• Eliminates completely cost and processing time of third party payment systems
• Incorporates smart contracts that automatically executes, enforces and fulfills business obligations without interventions.
• Eliminates chances of errors that can occur at numerous steps of participating points in a transaction.
• Makes transactions absolutely transparent as consumers can trace to origin of the product.
• Decentralized technology eliminated the need for buyer-seller communication to pass through a central channel not only reduces communication time it also narrows expectation gaps.
• From a logistics point of view, RPay blockchain makes shipment trackable at every stage of movement and records who handled it when and where.

Find all about Rpay at the official website http://www.rpay.io

Contact us: social@rpay.io

Rpay is a revolutionary way to shop for retail products, Consumer and Professional Services, that leverages cryptocurrencies and the power of the community to make our customers save from 80% up to 90% on the retail price of the products and services they love and desire most!

We focus on solutions for consumers and businesses by rewarding them for utilizing cryptocurrency in their everyday life. R Pay platform is a simple way for the masses to experience cryptocurrency without it seeming overly complicated.

R Pay aims to be one of the most recognized mainstream payment system. R Pay Apps are designed to turn spectators into speculators in a simple way. We are continuing to build lasting relationships and grow community involvement in blockchain technology.