Connect with us

Press Release

When Pain Points in Cross-Border Payment Brings Payment Changes, How Can Hypercard Lead the Trend

Published

4 years ago

on

Throughout the evolving history of global cross-border payment, cross-border payment is rising with the continuous development of the international division of labor and international exchanges. In the early days, people use precious metals for cross-border payment and clearing, then followed by paper money, and today’s modern electronic transfer and clearing. Cross-border payment is developing gradually towards a  rapid, safe and economical trend as the entire international community is engaging in the activities more frequently and science and technology are changing and progressing.

The change of cross-border payment

According to the data, the total amount of global cross-border payment reached $125 trillion in 2018 and is expected to reach $218 trillion in 2022, promising huge profits.

In the existing transfer and remittance system, the transaction is slow and the cost is high with much margin for error; institutions have to coordinate the value transfer between different internal databases, which makes it extremely difficult to settle transactions quickly. This process not only slows down the transaction progress but also requires large working capital, which has a negative impact on the balance sheet of the institution.

As cryptoassets are gradually accepted by traditional finance, digital currency payment is also implementing and applying quickly. The competition around digital currency has just begun across the globe. In 2019, the emergence of Libra has triggered the catfish effect, and legal currency is discussed more enthusiastically all over the world. Countries have taken precautions and speeded up the research on sovereign digital currency. Even the European Central Bank, which did not seem interested before, recently began to discuss the necessity of developing a unified digital currency. According to a report released by the International Monetary Fund in July of the same year, nearly 70% of the world’s central banks are studying sovereign digital currency.

Some fear that Libra may become a strong currency once in circulation. It can be exchanged with the currencies of countries and erodes the fiat currency. If the weak countries make mistakes in regulation, hyperinflation or even de-monetization will likely happen. In the past, a typical example is Zimbabwe who abolished its local currency and was forced to use the US dollar and other currencies.

Traditional payment giants are  fostering digital currency payment

Bitcoin was born to destroy the existing monetary system, which many people think is too expensive and exclusive. Given this, it has a much broader value proposition than a deflationary policy and a hard cap of 21 million coins. The new application of blockchain technology also allows anyone to remit money to counterparties around the world in minutes at a low cost.

This function makes bitcoin directly target the existing payment platforms (such as credit card networks and inter-bank messaging systems). While some companies shrug off these concerns, others see the potential and are looking for ways to create value for partners and shareholders.

According to news on February 20, Visa, an international payment giant, has cooperated with 35 leading digital currency platforms or digital wallets.

These institutions are digital currency platforms licensed by the state or regulated by relevant departments, such as the digital payment platform WireX, the digital currency trading platform Coinbase and Fold, cryptoasset lending platform BlockFi, Austria encryption trading platform Bitpanda, Encrypted debit card platform Crypto.com, etc.

Industry insiders said that the cooperation between Visa and digital currency service providers enables consumers to exchange digital currency more quickly and easily. Users can also deposit this money into their Visa certificates in real-time.

When asked why Visa chose the cryptoasset payment, Visa’s executives clearly expressed their optimism about the payment method in his talks with Forbes: “we saw significant innovation in new financial services for consumers holding digital currency. One example is the growth in demand for digital money lending. We are delighted to work with fintech companies like Cred. The company develops new products in this ecosystem and finds new ways for Visa to improve the entrance of fiat currency associated with these products. “

At present, in addition to Visa, MasterCard, Paypal and other international payment tycoons are also fostering digital currency.

Recently, MasterCard stated that it has cooperated with the Central Bank of The Bahamas to launch the world’s first Bahamas prepaid card. The prepaid card allows people to immediately exchange digital currency into traditional Bahamas dollars and pay for goods and services anywhere MasterCard supports. PayPal also claimed to provide cryptocurrency services to the UK market in the coming months.

Cryptoasset service providers speed up the participation in payment

Not only the traditional payment giants are paying attention to cryptoassets payment, but also the asset service providers in the encryption industry are exploring the possibility of payment. HyperBC, a well-known encrypted asset service provider, has launched a comprehensive consumer card HyperCard. After being deposited with digital currency, the card is available in more than 176 countries and more than 50 million merchants worldwide.

As a global standard credit card, HyperCard supports the binding consumption with third-party payment companies by users

Every payment made by HyperCard is secure and consumer privacy is protected by law. HyperCard can transfer money beyond the geographical limit in a second at a low commission, yet with  24/7 service. It is traceable with clear information of all parties. No matter which city you are in, you can use it at all merchants accepting Visa, Master and UnionPay.

In fact, in addition to payment, the most intuitive appealing of digital currency credit cards is it makes encrypted assets purchasing easy and cash out of cryptoassets. In this context, digital currency payment is still a very new track, and the choice of such products is still limited. The main problems are as follows:

1. Only single-currency payment is supported, such as bitcoin

2. Only available in a small number of areas

3. Users have to buy cryptocurrency issued by the card providers before paying

4. Charge a certain percentage of the annual fee

HyperBC also takes this situation into consideration. It is convenient to apply for HyperCard.  The digital currency, deposited into HyperCard, can be exchanged into fiat currency in real-time, eliminating the tedious process and the trouble of cash payment, and significantly improving the user-friendliness of digital currency. HyperCard does not charge for KYC verification and only charges a very low commission for each deposit.

How to apply for HyperCard?

a Download the HyperPay App（https://www.hyperpay.tech/app_down） and register
b Apply for HyperCard

c Submit KYC documents and pass the certification

d HyperCard received

Conclusion

With the rapid development of digital currency and the increasing global acceptance of digital currency, the boundary between fiat currency and digital currency will become narrower. At the same time, digital currency credit card reduces the threshold for traditional users to access digital currency. The selective digital currency assets also avoid their risk in holding digital currency to a certain extent, Whether for investment, quick cash-out, or regular consumption, HyperCard, as a mature digital currency credit card, can enable cardholders to enjoy more convenient services.

About Author

Alex Jacob

Alex Jacob is a literature author. He was born in Chicago. Alex passion is writing news articles. He writes number of articles and published it.

See author's posts

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Related Topics:
Continue Reading

Press Release

French Pharmacy Expands Access to Dermatologist-Approved Skincare in the U.S

Published

2 hours ago

on

March 27, 2025

By

Miami, FL – French Pharmacy, a provider of French skincare products in the U.S., offers a range of dermatologically tested and science-backed formulations. Featuring brands such as La Roche-Posay, Avène, and Bioderma, the company focuses on research-driven skincare solutions for various skin concerns.  The company recently launched a full line of skincare products formulated using the clinically tested ingredients that French skincare is known for.

Science-Backed Formulations for Skin Health

French skincare brands are known for their use of clinically tested ingredients. French Pharmacy products incorporate active compounds such as hyaluronic acid for hydration, niacinamide for skin repair, and retinol for supporting skin renewal. Thermal spring water, a key component in several formulations, has been shown to soothe irritation and strengthen the skin barrier.

Dermatologist-Tested Products

French Pharmacy offers a selection of products formulated for sensitive, acne-prone, and aging skin. These include:

  • A313 Vitamin A Pommade – A retinol-based cream designed for skin renewal.
  • FrenchPharmacy FrostFat Cryo Anti-Cellulite Gel – Cream – Intensive Anti-Cellulite Gel active on all Cellulite Symptoms: Diminishes orange-peel skin and fatty deposits, drains excess fluids, and enhances skin texture for a smoother feel.
  • Hexomedine Antiseptic Gel – A topical antiseptic used for minor cuts and wounds.
  • Nuxe Huile Prodigieuse Dry Oil – A botanical oil blend for skin and hair care.
  • FrenchPharmacy Advantage C-F-E Serum – Enriched with a stabilized form of vitamin C, ferulic acid, and vitamin E to protect the skin from oxidative damage, preventing fine lines, wrinkles, dullness, and dryness.

Commitment to Dermatological Standards

French Pharmacy focuses on formulations that are hypoallergenic, fragrance-free, and developed in collaboration with dermatologists. These products align with clinical recommendations for individuals with conditions such as eczema, rosacea, and acne.

Availability

French Pharmacy provides access to dermatologist-recommended skincare with a focus on scientific research and quality formulations.

More information is available at www.frenchpharmacy.com

About French Pharmacy

French Pharmacy is a U.S.-based provider of French skincare products, featuring brands recognized for their dermatologist-tested and research-backed formulations. The company prioritizes high-quality ingredients and clinical effectiveness.

file

About Author

Cloud PR Wire

See author's posts

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

Press Release

Home Games Room Unveils Range of British-Made Pool Tables

Published

2 hours ago

on

March 27, 2025

By

LONDON, UK – Home Games Room, premium games room equipment retailer, launches its new range of British-made pool tables. This new line reinforces the company’s commitment to quality and supporting local production.

British Craftsmanship

In an age where mass production is king, Home Games Room stands by British craftsmanship. Each pool table in this range is handcrafted by skilled craftsmen, ensuring exceptional quality and attention to detail. By using local materials and traditional techniques the company not only delivers great products but also supports the UK manufacturing industry.

For Every Enthusiast

The range includes:

  • Slate Bed Pool Tables: For serious players looking for professional grade performance.
  • Pool Dining Tables: Combining functionality and style, these tables serve two purposes: entertainment and dining.
  • Outdoor Pool Tables: Built to withstand the elements perfect for garden or patio spaces. Outdoor Pool Tables are a growing trend among homeowners looking to upgrade their outdoor entertaining areas.
  • Luxury Pool Tables: For those who want a statement piece combining beautiful design with great playability.

Customer Service

Home Games Room makes the buying experience even better with:

  • Free Design and Sample Service: Helping customers choose the perfect finish and cloth colour for their interior.
  • Best Price Guarantee: Competitive pricing without compromising on quality.
  • 0% Financing Options: Premium products are available through flexible payment plans.

About Home Games Room

Established with a love of home entertainment, Home Games Room is a specialist in games room products. From pool tables to arcade machines, the company offers a curated selection to turn any space into a haven of leisure and fun. Quality, customer service and supporting British manufacturing are at the heart of everything we do. Home Games Room is a trusted name among enthusiasts and homeowners alike.

For more information, visit homegamesroom.co.uk or contact the team at support@homegamesroom.co.uk.

file

About Author

Cloud PR Wire

See author's posts

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

Press Release

Ekshef.com Celebrates Three Years of Revolutionizing Healthcare Accessibility in Egypt

Published

2 hours ago

on

March 27, 2025

By

Cairo, Egypt – Ekshef.com, Egypt’s top online doctor appointment booking website, celebrates its third anniversary with pride and reaffirms its commitment to making healthcare accessible and convenient for patients nationwide. Since its launch in 2022, the platform has successfully bridged the gap between medical professionals and patients, providing free, convenient appointment booking services.

Founded by Khaled Khamis, a developer of science and software engineering and a visionary entrepreneur, Ekshef.com has grown exponentially over the past three years. Having graduated from the Faculty of Science (Chemistry & Microbiology) in 2004, Khamis transitioned into software engineering by 2008. His technical and healthcare background has propelled the success of Ekshef, and it has turned out to be a game-changer in Egypt’s healthcare industry.

Today, Ekshef.com boasts a network of over 11,000 certified physicians in Egypt’s major capital cities such as Cairo, Giza, and Alexandria. By making it easier to search for doctors and easily book appointments, Ekshef.com enabled thousands of patients to easily take control of their healthcare needs with ease.

“At Ekshef.com, we believe in leveraging technology to remove barriers in healthcare accessibility,” said Ekshef.com Founder and CEO Khaled Khamis. “Completing our third anniversary is an achievement, and we are committed to expanding our platform and optimizing the patient experience.”

According to Crunchbase, Ekshef.com has obtained a total of $250,000 in funds from unidentified angel investors. Funds have been significant in enhancing platform features, streamlining user experience, and increasing presence across Egypt’s healthcare ecosystem. Through its solid tech foundation, Ekshef.com is able to empower patients to seek and book visits with specialists across all medical specializations, ranging from cardiology and dermatology to pediatrics and more.

The website is designed to accommodate the evolving needs of patients, offering them an easy and quick way of reaching high-quality medical professionals. Patients seeking specialist consultation can search through a comprehensive database of doctors in Cairo and other major cities. This brings healthcare to all, more than ever before.

Ekshef.com’s user-friendly interface, doctor listings verified by professionals, and real-time appointment booking facility have made it a leading name in digital healthcare services. The quick growth of the company is a testament to the growing need for effective, technology-based solutions in Egypt’s healthcare industry.

As Ekshef.com enters its fourth year of activities, the company is eagerly awaiting the next wave of expansion and technical growth. The team continues to work hard to add more features, bring in newer offerings, and cover more unserved areas to give every patient access to high-quality healthcare with minimal waiting times.

Our goal is to continue innovating with the needs of the patients and physicians,” Khamis said. “We are dedicated to making healthcare more accessible, reliable, and seamless for every Egyptian.”

About Ekshef.com

Ekshef.com is Egypt’s fastest-growing doctor booking platform, revolutionizing healthcare access by connecting patients with trusted medical professionals across the country. Founded in 2022 by Khaled Khamis, Ekshef.com has rapidly expanded its network to over 11,000 doctors in major cities like Cairo, Giza, and Alexandria, making it easier than ever to find and book appointments with qualified specialists.  

To learn more and book an appointment, visit Ekshef.com.

file

About Author

Cloud PR Wire

See author's posts

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

LATEST POST

Like Us
Follow Us
Subscribe Us
Follow Us