Assure uses AssurePay, which is the first payment protocol that ensures transactions are complete, secure, and immutable. It is made for a world where buyers and sellers can transact anywhere in the world, with as much or as little verification as they see fit.
For humans who have better things to do than filling out forms, Assure offers an intuitive interface that reduces friction for both buyers and sellers.
And for the people who control how money moves around the world? Assure will change everything. Imagine a system where you don’t need to phone up your bank every time a new customer needs to pay in USD.
AssurePay puts priority on asset security and user experience, which means that payments need not be delayed or stuck, and you should not ever lose money. AssurePay ensures that your money is sent to the right place at the right time, and no intermediary will even know what happened to it.
The Assure protocol uses the SHA-256 Hash function, which is the same process used in digital signatures. It’s what allows bank confirmations in real-time: as soon as your bank confirms that a payment was made to a merchant, you know it’s safe to pay them.
Anyone can connect their wallet or an account with an email address or phone number with just a few clicks on their device. This is no different from what consumers expect from PayPal.
Benefits of AssurePay
1. Swift and Secure Global Transfers
Did you know that 99% of wire transfers worldwide are still done manually? The speed and convenience of global payments are important, but losing money to delays is not. AssurePay’s smart contracts ensure that your money moves immediately, or else the contract will re-schedule.
You want a system that makes sure your money gets to the right place at the right time, in complete privacy. With AssurePay, that’s what you get.
2. Anti-tampering Mechanism
AssurePay uses a multi-signature technology that requires two of three signatures to release funds. This prevents, for example, a marketplace from changing a buyer’s rating score after they paid.
All transactions are encrypted and anonymous in the blockchain, just like traditional cryptocurrency. You can remain completely anonymous if you like: all wallets have a one-time address that will never be reused again. If you want to be public about it, you can even display your wallet address on your website or store sign, so customers know where to pay you.
3. Universal Cards
You don’t need an account to use AssurePay, and you don’t need to have a bank-issued card. AssurePay allows you to simply link your debit or credit card with an email address, phone number or any other piece of information that you’d like it to identify you with.
We believe that in order for payment systems to be truly universal, they should be able to adapt whenever they’re needed. As a result, we’re working on building a solution that allows any type of card to work with the protocol: Visa cards, Mastercard and American Express — all of them will work!
AssurePay also offers the ability for users to set up recurring payments.
4. Expand Payment Boundary
AssurePay is an open payment protocol and will work with traditional currencies, cryptocurrencies such as BTC, and even other new currencies that get invented in the future. This means that if you want to accept digital currency payments, you don’t need to integrate with the blockchain — Assure just needs the wallet address of your digital currency.
AssurePay uses smart contracts that guarantee funds against theft or damage. Every transaction has 2-factor authentication (2FA), which can be done from any smartphone device with a fingerprint reader.
AssurePay also offers merchants chargeback guarantees — meaning, if a customer disputes a payment, it’s automatically put on hold until all parties resolve it through the platform’s dispute system.
Join Assure now!!!
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