COINS
Litecoin to Release its LitePay Payment Processor

2018-02-17 21:17:57
by Saffron Weale
img
Litecoin to Release its LitePay Payment Processor

Litecoin is developing its own payment processor called LitePay, which is set to be released on February 26th. 

\r\n

Litecoin is one of the most in-demand cryptos currently available, and LitePay will help support its growth even more. LitePay is a crypto wallet that allows users to make transactions using Litecoin. It also allows users to store crypto and to convert Litepay coins into dollars. 

\r\n

LitePay was developed using the SegWit wallet design, which is responsible for some of the most popular and efficient wallets on the market. The wallet is made secure using BitGoTM, which protects user\'s crypto from being hacked. LitePay will also be useable on smartphones and computers.

\r\n

LitePay will be connected to a special card that can be used to undertake all transactions when using a wallet. In order to access the LitePay wallet, a LitePay card will need to be purchased.

\r\n

The LitePay card can be used just as a debit card can, and wherever a Visa card sign is present. Users can load dollars and Litecoin onto their card for spending, and the card can also be used to make international payments.

\r\n

LitePay also includes a fee of 1% for all transactions; this makes it significantly cheaper than the fee charged by many cards, which is currently 3%-5%.

Similar News
img
COINS
Lisk Relaunches 'More Accessible' Platform
2018-02-21 19:52:08 | by Saffron Weale

Lisk Relaunches 'More Accessible' Platform

More
img
COINS
Meet-Up With Particl Team in Zurich This Weekend
2018-02-20 21:49:08 | by Saffron Weale

Meet-Up With Particl Team in Zurich This Weekend

More
img
COINS
Lykke Announce a Wallet Update
2018-02-19 19:37:56 | by Saffron Weale

Lykke Announce a Wallet Update

More
img
COINS
Veritaseum: A Guide
2018-02-19 00:44:27 | by Saffron Weale

Veritaseum: A Guide

More