RPAY is creating an efficient payment system built on a peer-to-peer, decentralized network over blockchain technology. Its own digital currency called R Token – RTK – and other cryptocurrencies will create a global blockchain-based economy that focusses on quick and hassle-free transactions. Crypto RPAY is an Ethereum blockchain-based application that allows buyers and sellers to exchange goods using the new blockchain-based cryptocurrency, R Token. This system promotes a global payment system with no fees and no commissions.
Estimated revenues of the retail sector worldwide are expected to grow by 3.8 percent annually and hit US$28 trillion by 2019. This opens a big opportunity for the retail industry to progress, and the RPAY application has the features and technology that can revolutionize this market.