nanopay
nanopay Corporation is a Toronto-based company that specializes in providing loyalty and payment solutions for retail and e-commerce merchants in Canada. The company offers an integrated platform called nanoPay, which streamlines the checkout process by combining customer identity, loyalty, and payment information into single-use transaction tokens. This facilitates seamless shopping experiences through the delivery of offers, loyalty rewards, and payment processing with a single touch. Additionally, nanopay develops MintChip, a payment solution aimed at retailers. The company's technology is built on hybrid blockchain principles, enhancing transaction throughput while simplifying governance and reducing costs. With a focus on innovation, nanopay aims to lead the transition to digital cash on a global scale.
MintChip
Acquisition in 2016
MintChip is digital cash platform linked to a country’s fiat currency. It uses secure asset stores to move funds between parties without an intermediary and can process transactions both online and offline. The MintChip platform is agnostic to the type of user, indifferent to the use case and designed to highly secure every transaction, regardless of value. It records every transaction, in multiple locations, to enable compliance with all possible regulations and ultimately enable deployment anywhere on the globe. The platform was built on a highly scalable, open architecture that supports new, or existing payment system participants, and completes transactions at fraction of the cost of any current payment system.
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