Paying with crypto currencies is now easy
With the PoS system from Protecthor you can pay easily and comfortably in everyday life.
The payment system at the Point of Sale (PoS) solves the problems that exist so far to integrate crypto currencies into people’s everyday lives. The latest mobile payment system technology is used for this purpose. Point of Sale is the point at which the sale takes place, that is practically every shop in retail, no matter if baker, clothing chain or gas station.
Simply pay with your mobile phone in local shops, with QR code or NFC!
It should be easy, quick and safe to stand at the checkout and pay. Until now, payment transactions with Bitcoin and Co. were often quite slow. Minutes could pass until the confirmation of a transaction. This was an exclusion criterion for the retail trade. But that’s different now. Protecthor works with instant transactions, which means that payments are booked via the blockchain in real time. There is no delay at the checkout and the merchant can be sure that the transaction has been executed.
How does the payment process work in practice? QR code or NFC as an option.
Payment by QR code
In practice, paying with the Protecthor PoS system is child’s play. The retailer simply prints a QR code on the receipt. The customer scans this QR code with his mobile phone and the app and the payment process is completed. No change, no PIN, no signature necessary. Before the scan the customer can choose which currency he wants to pay with. For example he can choose between FIAT money (EURO), Bitcoin, Ethereum etc. depending on which crypto currencies he has in his wallet.
The fastest way to pay with cryptocurrencies is with the NFC system
What does NFC System mean? The abbreviation NFC stands for Near Field Communication. Devices that are in the vicinity communicate with each other. In practice, this means that you hold your debit card or mobile phone to the POS device and the payment process is carried out. Before you do this, select the currency in which you would like to pay.
Options for merchants
Merchants who want to use Protecthor’s PoS system can freely decide in which currency they want to receive payments. If the customer pays in Bitcoin or the PTX token, the booking can be immediately converted into Euro, Dollar or Yen. The trader gets his desired currency.
Load the wallet at the point of sale or withdraw money
In order to integrate cryptocurrencies into our daily lives, simple and uncomplicated handling is extremely important. With the PoS system from Protecthor we are taking this goal a big step further. Customers can not only pay for their milk or a t-shirt, they can also exchange crypto currencies for cash. With the normal EC card, withdrawing money at the retail checkout has been a matter of course for a long time, now this is also possible with cryptocurrencies. The normal way would have been to exchange Bitcoin at a stock exchange for e.g. euros, then transfer the euros to the personal checking account and then withdraw the cash at an ATM. With the Protecthor PoS System you can complete all of these steps in one go.