π‘Reducing the Costs of Implementing a Mobile Point System
Last updated
Last updated
When payments are made using SmartPay tokens, points are automatically accumulated through smart contracts at a fixed rate. Since there is no intermediary providing the point rewards, transaction fees are reduced, and small business owners can easily offer point accumulation benefits to their customers without the high costs of developing or maintaining a separate point system. Moreover, the points earned can be freely used at any store that accepts SmartPay, not just the one where the points were originally accumulated.