The blockchain and cryptocurrencies are penetrating into our lives faster than the Internet did back in the day. As more and more people do business by using cryptocurrency for investments and payments, we have made it our goal to create VISO, a new-generation solution that makes cryptocurrency a means of everyday payments worldwide.
VISO is a payment system provider that incorporates cryptocurrency payments into point of sale SMART Terminals. Viso has a pragmatic team of developers on the team Egor Petukhovsky, Sergey Popov & Ann Tatarinchik the bright minds driving their in-house tech lab, advisors on the project include Sasha Ivanov who heads up the team at Waves. It will come as no surprise that Waves is the platform that Viso have launched their asset on, due to TX speeds available on this blockchain.
Conventional stores, restaurants, online stores, gas stations, dentistry clinics, coffee shops, and hundreds of other retailers will all be able to receive payments for their goods and services with VISO. The system lets you pay virtually any amounts for anything! This will
not only boost sales but also draw new customers to your business. Payments can even be made using the existing conventional payment environment via credit card-based purchase terminals, as VISO is not just about cards: we have been creating a full-scale system encompassing Cards for Regular Users, Top-Level Processing, and Payment-Accepting Terminals for Businesses.
The payment system will offer an unlimited potential for the instant and contactless receipt and sending of payments between the system’s individual users.
VISO Token (VITO)
The VITO token is used in the VISO payment system as a settlement cryptocurrency and a means of paying commissions.
The worldwide spread of VISO has been programmed into the system and can occur any time now. VITO is a limited-issue token used for currency conversion in the payment system. Another reason the VITO TOKEN will interest investors is that VISO will enable individuals to instantly receive and send payments with no limits at all. With VISO, everybody wins, but those who become the first to use it will win the most.
“It makes sense to let the potential investor understand that we aren’t going to compete with monsters like banking systems but that we can make these monsters more humane, easy-to-use, and beneficial to everyone by expanding their capabilities via the VISO solution.”
All of cryptocurrency acceptance is implemented on VISO SMART terminals via the VISO Wallet and VITO Tokens. The cryptocurrency accepted as payment is automatically and instantly converted through processing, and the sale itself occurs in the national currency of the country in which the payment takes place. That way, SMART terminals or the VISO app for sellers greatly simplifies the day-to-day acceptance of payments and extends users’ cryptocurrency acceptance capabilities.
VISO Wallet options
Most people have already made the transition to digital payments systems in one form or another, be it contactless payments with a payment card, mobile payments or funds transfer using Samsung Pay, Alipay, PayPal or Apple Pay, or interacting with their bank accounts through mobile apps. The VISO vision does not seek to change any of this, but seeks simply to enhance it, to make things easier by taking advantage of the blockchain architecture and adding the ability to deal with cryptocurrencies, in short, to make it seamless.
Anyone with Internet access can open a VISO Wallet and the balance can be denominated in VITO, other cryptocurrencies (BTC, ETH, Waves etc.) or any fiat currencies. To open a VISO Wallet, you go through a quick and easy registration process, which will allow you to reinstate your wallet access if you forget your login or password. VISO Wallet is a secure platform with access procedures that comply with banking security standards. Though primarily intended as a mobile app the VISO Wallet is also available in a web browser interface.
The VISO system relies upon its own token and cryptocurrency, VITO. Whenever a crypto or fiat transaction takes place, or a crypto to fiat exchange is needed, the required currencies are exchanged into and out of VITO. However, the speed of the system means that this takes place behind the scenes and is imperceptible to the user. Of course, VITO are required to access and use the VISO ecosystem but these are easily purchased with the fiat- or cryptocurrency of your choice, inside your VISO Wallet.
Again, our vision is utility for the customer, so VISO guarantees the best exchange rates, for whatever currency is required. Both domestic and international transfers and payment in VITO are commission-free. If cryptocurrencies are not accepted at the PoS then the VISO system will convert crypto to fiat on the fly; the merchant receives fiat and the VISO Wallet user pays in crypto. To facilitate this real-time transaction, the user will need to pre-select the crypto and/or fiat balance they wish to convert from; a simple process within the VISO Wallet app.
VISO Card Lite: a virtual card powered by Host Card Emulation technology, enabling contactless payments from any NFC technology-supporting smartphone.
VISO Card Pro: a physical MasterCard or VISA payment card linked to VISO Wallet which supports contactless payments.
In the near future, they envision:
VISO Card Celestial: all the usual benefits, plus a credit card.
VISO Card Infinity: all the usual benefits, plus a premium credit card.
VISO cards support the SMART Balance technology, which enables the automatic conversion of funds from a payment card or a bank account into cryptocurrency and back. After enabling this option, you will no longer have to make cryptocurrency sale/purchase
transactions manually. Conversion rules are customizable by the user. This technology enables you to always maintain your preferred balance in regular currencies and in cryptocurrency.
Example: let’s say that you have set yourself a limit of USD 1,000 and that you have a BTC balance. After you make a USD 300 purchase, the system automatically sells the required quantity of bitcoins to bring your balance back to USD 1,000. Or the other way around, suppose you have refilled your card and now have a USD 1,600 balance. The system will
automatically sell USD 600 to refill your BTC balance.
VISO have taken payment cards to a new level!
|Card issuing fee – physical||Free|
|Card issuing fee – virtual||Free|
|Annual fee – physical card||Free|
|Annual fee – virtual card||Free|
|Domestic exchange fee||0%|
|Foreign exchange fee||0%|
VISO SMART Terminals
Through VISO SMART terminals, customers can:
VISO SMART terminals are a new generation of terminal that combine the features of regular bank terminals, payment terminals and cash registers, and that allow for launching any mobile apps powered by Android. VISO SMART terminals can be integrated with the accounting system of a commercial enterprise, effectively turning it into a fully featured
cash register that displays an entire product line. Combining all cashier machines into a single device allows the point of sale to minimise costs, which is especially important for small businesses.
VISO SMART terminals have the VISA and MasterCard certification, enabling these terminals to quickly replace any bank terminals at any point of sale. This certification means that VISO SMART terminals meet the PCI DSS 3 information security standard, which makes them highly secure.
In what has been a busy 2019 for the Viso team they have announced they have received licences to operate their SMART Terminals in the regions of Russia and Belarus. When you look at the partners they have onboard that include M4bank & Paymob alongside auditing firm Auditmrcheveli to name a few.
The company’s co-founders are the creators of technology leaders whose products have
been certified by VISA, MasterCard, American Express, Union Pay, and Belkart.
Viso currently trading on the Waves DEX under its native token VITO and is looking like a real value proposition! Check it out HERE!