Wings Pay Offers a Solution to Legal Problems and Market Fluctuations
— Legal: merchants from all countries who use Wings Pay may receive the payments in their local currency. The maximum limit for each transaction is based on local regulations of cash payment limits that vary from one country to another. The customer pays in Bitwings and the merchant receives the amount in fiduciary currency for the exact amount of the value of the sold good or service.
— Tax: due to the receipt of the payment in local currency, and the perfect correspondence of the amount received with the price of the paid products, there is no tax alteration; therefore, all sales will be declared in local currency as a simple matter of payment in cash.
— Volatility: thanks to the Real Time Value system, designed by Wings Mobile to provide an immediate exchange tool to the payment gateway, Wings Pay app guarantees the correct and real exchange rate, interacting with the exchange platform provider where the Bitwings token will be listed. The merchant will receive the exact amount of the value of the sold good or service.
WINGS PAY will be fully compatible with each jurisdiction in which it operates, with rigorous processes to identify its clients (KYC) and to respect all Money Laundering (AML) prevention requirements and legal provisions.
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