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Welcome to the future of POS Transactions

Updated: Feb 7

sapaNO innovative solution will solve the various POS related issues and also provide an all-inclusive platform where every merchant/vendor will have equal opportunity to host and promote their services leveraging blockchain technology. With our native utility token SAPA, payments can be made through blockchain and holders of the token gets rewarded while others make daily transactions on the sapaNO E-POS devices.


๐˜€๐—ฎ๐—ฝ๐—ฎ๐—ก๐—ข ๐—™๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ฒ ๐—ถ๐˜€ ๐—ด๐—ฒ๐—ฎ๐—ฟ๐—ฒ๐—ฑ ๐—ฎ๐˜ ๐˜€๐—ผ๐—น๐˜ƒ๐—ถ๐—ป๐—ด ๐˜๐—ต๐—ฒ ๐—ณ๐—ผ๐—น๐—น๐—ผ๐˜„๐—ถ๐—ป๐—ด ๐—ฝ๐—ฟ๐—ผ๐—ฏ๐—น๐—ฒ๐—บ๐˜€


An E-POS device that utilizes blockchain technology to function will bring all the advantages offered by the advent of blockchain technology;


  1. Improve Security

  2. Minimize cost thereby maximizing profit

  3. Increase Speed

  4. Traceability

  5. Immutability


1. ๐—œ๐—บ๐—ฝ๐—ฟ๐—ผ๐˜ƒ๐—ฒ ๐˜€๐—ฒ๐—ฐ๐˜‚๐—ฟ๐—ถ๐˜๐˜†


The security of blockchain-enabled systems is a leading benefit sapaNO Finance will offer to POS technology such as creating an unalterable record for transactions with end-to-end encryption, this will eradicate fraudulent activity.



2. Minimize cost thereby maximizing profit


The financial industry continues to lead in blockchain adoption, this will be seen in sapaNO Finance such as; moving payments between different entities which were traditionally complex and time-consuming. sapaNO Finance will also have the ability to store digital assets in its wallet, this feature will also help to minimize the cost of transactions.



3. ๐—œ๐—ป๐—ฐ๐—ฟ๐—ฒ๐—ฎ๐˜€๐—ฒ ๐—ฆ๐—ฝ๐—ฒ๐—ฒ๐—ฑ


sapaNO Finance will increase the processing/transaction speed by eliminating intermediaries as well as replacing remaining manual processes in transactions as blockchain handles transactions significantly faster than conventional methods.



4. ๐—ง๐—ฟ๐—ฎ๐—ฐ๐—ฒ๐—ฎ๐—ฏ๐—ถ๐—น๐—ถ๐˜๐˜†

Blockchain makes ease the traceability of transactions, in cases of misplaced funds due to customer, agent/vendor negligence, the transaction can be tracked and accounted for. This feature will be utilized by sapaNO Finance as POS users are human and are susceptible to mistakes.



5. ๐—œ๐—บ๐—บ๐˜‚๐˜๐—ฎ๐—ฏ๐—ถ๐—น๐—ถ๐˜๐˜†


Once a transaction occurs in the blockchain, it can't be changed or deleted, this feature can help the invoicing of transactions which will provide digital receipts that are saved in the blockchain forever and users will not need to carry physical receipts to show for past transactions.



Conclusion


In this article, we have looked at some of the advantages but not all offered by blockchain technology. sapaNO Finance is a fintech company leveraging blockchain technology to provide an all-inclusive platform where everyone will have an equal opportunity to host and promote their business.


With this technology, sapaNO innovative solution will solve the various POS related issues thereby helping businesses gain access to better financial services using the sapaNO E-POS application.



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