That's why it is interesting for YOUR company to accept Rainbow Currency!
Many companies ask themselves the question: "Why should I accept a crypto currency as a payment option?" and then "How do I pay my costs, which will continue to be invoiced to me in EURO/Dollars?Conversely, potential customers ask themselves the question "Why should I buy coins when there are no shops/markets where I can spend them?"
- First of all, a crypto currency must meet the legal requirements of a country.
- An exchanger is needed so that coins can be purchased quickly and easily.
- A wallet is required for the storage and administration of the coins.
- Crypto currency also means that a blockchain is needed
- The payment process is to be carried out online and offline using an APP (Android and iOS).
- Everything together must work safely, quickly and at low cost.
At this point, you may ask yourself: "Can all this really work together?
I assure you: YES!
I currently just know one crypto currency that combines all 6 of the above points, which is the Rainbow Currency (trading symbol YEM). Rainbow Currency was founded in November 2017 by more than 3,200 members worldwide.
To function as an independent currency, it is managed by the Rainbow Currency Foundation, a non-profit organization based in Las Vegas, Nevada, USA.
Why does the economy need a new crypto currency? Why has Bitcoin and Co. not yet been able to establish themselves worldwide as a payment option?
The majority of coins currently in circulation are not a currency in the strict sense. Most of them are tokens for projects that will (should) be developed in the future.
A currency is used exclusively to pay for goods and services. Bitcoin (BTC), for example, fulfils this requirement. However, it is not in a position to represent its (exchange-) value or its value in local currency at the time of a purchase. However, this is a mandatory prerequisite for proper taxation of the turnover made. Due, among other things, to the lack of tax registration, Bitcoin has been denied widespread use as a payment option until today.
From my point of view the Bitcoin remains a pure speculation object for traders. In addition, it is used with preference as an anonymous payment instrument for the most diverse criminal machinations.
The Rainbow Currency (YEM) shows you how it works better and from my point of view correctly.
The information shown here on the blockchain is required for correct taxation (for both buyers and sellers). Currently, I am not aware of any other blockchain other than the TWNKLCHAIN developed by RCF for the YEM, which provides this information to the user.
In the following chapter I would like to show you the advantages of the acceptance of the Rainbow Currency (YEM) on the basis of 4 company priorities:
1. CUSTOMER ACQUISITION
Develop an additional target group
With the acceptance of YEM you address customers who would like to pay with a crypto currency. Paying with crypto currency is currently still not very common. As in the early days of EC card or credit card payments, companies that jumped on this bandwagon first will benefit the most.
Using the additional payment option as a marketing tool.
Give a discount on YEM items and attract attention to your overall offering.
With YEM offers you set alternatives to online platforms like Amazon and bring customers back to your business.
2. PROFIT OPTIMIZATION
Profit from the increase in value of the YEM.
As the marketplace and the demand for YEM continues to grow, the value of the YEM also increases. This could look like this:
Day rate YEM: 0.100 USD
Your daily intake YEM: 100,000
Total value: 10,000 USD
Day rate YEM: 0.150 USD
Your profit: 5,000 USD
Increase in value: 50%.
3. COVERAGE OF OPERATING COSTS
Of course, at the moment you still pay your purchases, rent, energy and more predominantly in Euro/Dollars. Therefore it makes sense to offer only a part of your product range in YEM. Or to create combinations. A restaurant, for example, offers the payment of drinks in YEM while the meals are still to be paid in EURO/Dollar. Another example: An electronics retailer only offers discontinued models and remaining stock against YEM. There are no limits to your inventiveness!
4. LABOUR COSTS, MAINTENANCE AND OPERATION
In contrast to previous payment methods, which usually require a chargeable terminal, as the recipient you only need a computer with internet access for the payment process with YEM and your customer also needs a computer for payments of online purchases or a smartphone for online and on-site purchases. You do not incur any additional setup costs and no extra maintenance is required.
Do you have any further questions or would you like to know more? Then please contact me using the contact form at the end of the page.
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