Payment Options are Rapidly Proliferating!
Consumers now have dozens of payment methods to choose from. This includes Cash; Debit cards; Credit cards; Phone-based 'wallet' and payment methods like Apple Pay and Samsung Pay; Identity-based payment methods (some coming soon) such as eye/face recognition, fingerprint recognition, and Hand-print recognition; and Cryptocoin such as Bitcoin, Litecoin, Etherium, and many more (over 2,000 different crypto-currencies exist as of January 2020!), and other kinds of payment methods are being discussed as well.
New Ways are Needed to Organize Payments
With thousdands of payment methods now available (and new ones coming every year), there is a need for better ways to organize payment options, and signups for new payment methods. This need will grow more important over time as payment methods continue to grow. Each payment method has its advantages and disadvantages; so a person shopping close to home might have different needs than someone travelling, or doing something creative online. A solution is needed that addresses all scenarios.
We have a Solution
We are working on a patent for a new way of organizing payment methods, making it easier on consumers. Our solution will be revealed once it is Patent-Pending. It is a creative way to let users choose their favorite payment method, at any point in time. Our solution is intuitive and makes a lot of sense; and is instantly understood when you see it. Check back with us to find out more!
Contact Us
If you are working in the payments industry, and have some new ideas, or waant to discuss new payment methods in general, contact us. We are especially interested in new ways of organizing categorizing, and publicizing payment methods.
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