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Ambrpay aims to simplify recurring cryptocurrency payments using smart contracts, allowing businesses to manage subscriptions without requiring user reauthorization for price changes. This innovation enhances the convenience of using cryptocurrencies for regular transactions.
There are more than 2000 cryptocurrencies, however they are designed for single use only with push-based payment methods, the buyer initiates the payment.
This allows users full control over their funds, since cryptomoney is only transferred to a merchant if a user initiates the transaction.
In order for a consumer to use bitcoins for recurring payments, he or she will have to use another service on top of using the bitcoin service.
In addition, unlike credit card payments, bitcoin payments are…
AMBRPAY AG
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