Founded in 2014, Plutus is a contactless payment mobile app that combines the use of blockchain technology with crypto-tokens as an alternative for online or offline payment transactions. It allows customer to exchange their digital currency in to fiat currency with the most optimal trading price
- Plutus is a contactless payment mobile that allows Bitcoin users to pay by NFC into regular shops
- The bitcoin are converted into fiat by exchanging it with traders who are listed on a platform’s decentralized exchange, PlutusDEX.
- Easiness: Bitcoin owners know how hard it is to spend them, more especially in brick & mortar stores. Thanks to Plutus, this issue is over.
- Trust & Security: the crypto currency are exchanged with trusted traders by smart contracts based blockchain technology supported by Ethereum network
- Real-time transaction: every Bitcoin-to-fiat exchange transaction confirmed on the blockchain takes approximately 17 seconds
- Free : conversion to fiat is totally free (compared to Bitcoin: from 1 up to 4%).
- Rewardness: by using the app, users are rewarded by receiving “plutons” as a rebate (between 1 and 3% of every transaction made) exchangeable into fiat currency such as Bitcoins.
How to use
- Subscribe quickly and download the app
- Determine the amount of Bitcoins you want to convert by a smart contracts which will be verified by traders on the DEX platform
- Your prepaid virtual debit card is funded instantly and equivalently with your local currency
Now, you can pay in store by tapping you smartphone to a NFC terminal.